Vertical – The Health Accelerator

Apply to this 4-month healthtech startup accelerator in Espoo, Finland for the help you need to take you from the concept stage to going to market with a viable product and paying customers. Partner with multinationals for R&D assistance and enjoy free coworking space and mentoring, plus opportunities for about $174,200 USD in equity investment (see conditions below).

You have until December 10, 2017, apply now!  Follow Lootstrap on Facebook for updates.

Location

  • Espoo, Finland

Length

  • 4 months

Benefits

  • The program will guide you through the following steps:
    • Customer compliance
    • Finalized value proposition
    • Collaboration terms
    • Minimum viable product delivery
  • Partnership with tech and healthcare companies Samsung, Fazer, Folkhasan, and HUS
  • Free coworking space in Maria 01 in central Helsinki
  • Monthly international healthtech and other networking events
  • Targeted mentoring in brand & communication designs and marketing & operations
  • Meet and learn from industry experts, VCs, entrepreneurs, and angel investors
  • A booth and 2 tickets to the Upgraded Life Festival

Who Can Apply to the Program

  • Young, ambitious teams who are passionate about improving people’s health
  • Proven concepts that just need support to reach growth and scalability
  • Companies with innovative products in the following sectors preferred:
    • Consumer healthtech, Wellness & Sports, Foodtech & Nutrition, Mobile health
    • Personalised health, Child and Elder care, Mental health, Femtech, Wearables
    • Healthcare IT, analytics & big data , Telemedicine & remote diagnostics, Life Sciences software
  • Early-stage startups that are solving real problems in healthcare and wellness

Selection Criteria

  • Quality of your elevator pitch, as well as your team, idea, and business model
  • Potential to disrupt global industries
  • Match the platforms, distribution channels, and expertise our partners provide

Application Process

  • Written application through your free F6S account
  • One-minute online pitch video
  • Applications accepted on a rolling basis
  • Online or in-person interview
  • Best applicants participate in the Value Proposition Week in Helsinki, Finland
  • Selected teams are picked for the accelerator

Conditions

  • Team must relocate to Espoo, Finland for the duration of the program
  • Vertical reserves the right of first refusal to invest with a 25% discount within one year

Post-Program Perks

  • Opportunity to use the coworking space and services for two more months
  • Continued help and mentoring available
  • Chance for up to €150,000 additional investment (see conditions above)

Website

As always, this program takes ZERO equity!