By offering mentors, money, and media, the Dublin-based initiative is seeking to recruit 10 HealthIT startup companies from around the world for their next class beginning in February. Over 100 entrepreneurs have already submitted their applications for a chance to pitch the crowd, and more are yet anticipated.
Health XL’s partners include names like IBM, SVB, and GSK, amongst other corporate and private investment groups clamoring to nascent talent pursuing their piece of a trillion dollar plus industry caught in a sea of change.
“HealthXL is an accelerator program specifically designed for startups disrupting health with breakthrough technology. The program is run by experienced entrepreneurs and backed by leading global health investors, medical professionals and corporates. We are looking for smart, revolutionary teams that are working for solutions from the following domains: direct medical solutions, personalization, patient compliance, prevention and participatory health solutions, health economics, integrated solutions and more.”
“It doesn’t have to be a business yet, as even idea stage startups will be considered…it’s a great opportunity with a big potential upside,” says John Brownlee, one of the local acting mentors for the Minneapolis selection day. Jeff Weness of Children’s Hospital and Zipnosis’ Jon Pearce are also on board to meet and mentor the startups, some of which are expected to be local.