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Funding, space, mentorship and connections for market and sales development
The Science Center’s Digital Health Accelerator (DHA) supports digital health companies ready to transition from research and development to sales. The program selects promising companies from around the world and provides them with funding, collaborative workspace, professional mentorship, and introductions to key healthcare stakeholders and investors in the Greater Philadelphia region. Competition for the program is fierce – we only accept six to seven companies per class. Companies are selected by a group of serial entrepreneurs and experts representing hospitals, the pharmaceutical industry, insurers/payers and investors. Participating companies are accelerated from prototype development to customer acquisition. The Digital Health Accelerator curriculum matches DHA companies to professionals with specific skills to help the companies meet their individual milestones.
- Christina Lopes, Founder & CEO of The One Health Company, participant in the second DHA class
Successful applicants will be ready to establish operations in the Greater Philadelphia region and have a prototype that needs the DHA’s help to grow in the U.S. healthcare market and increase revenue through sales, partnerships and grants. Applicants must be willing to take advantage of the coaching and mentoring provided by the DHA and be willing to submit regular reports on their progress. The DHA will provide additional assistance as follows:
Applicants will have a product at least at prototype stage, and be ready, during the period of the award, to deploy it to generate initial sales or partnerships, or to scale sales and marketing efforts. Awards will be granted to companies that best demonstrate the following characteristics through existing or planned activities. We will look for these elements in our selections, but not every company will have all of these characteristics:
The application deadline is May 15, 2017
If you are unsure if you are a digital health company at the right stage of development to apply, or if you have other questions, please contact Program Manager Aron Starosta at DHA [at] sciencecenter.org.
Flushable pregnancy tests, remote patient monitoring systems, augmented reality to prepare for emergency situations – these are among the seven technologies being developed by the third class of the University City Science Center’s Digital Health Accelerator (DHA).
Grand Round Table emails primary care providers a daily summary about their scheduled patient follow-ups so they can better manage high-risk patients, keeping them out of the hospital.
The Digital Health Accelerator is funded in part by a grant from the U.S. Small Business Administration (SBA) Growth Accelerator Fund. The DHA has also received support from the Commonwealth of Pennsylvania’s Department of Community and Economic Development.
The Selection Committee includes representatives from: