What kinds of ideas and teams are you looking for?

We are looking for healthcare technology and technology-enabled service startups that are led by energetic, innovative and passionate founders. Competitive applicants will address a specific and pressing challenge in the healthcare industry. For example, solutions of interest may improve patient engagement, provider effectiveness or preventative health and wellness.

What kinds of ideas and teams are you NOT looking for?

Ultimately we want to encourage all entrepreneurs with great ideas to apply. That said, we are looking for companies that have capital-efficient business models that can make meaningful progress in the short length of the program. Businesses that involve significant regulatory barriers are less likely to be appropriate candidates.

How far along does our company need to be before we can apply?

We work with companies at various stages of development, from an idea to a revenue-generating company. In general, most applicants have a prototype solution that has undergone some initial user testing.

Can we apply if we’ve already received funding?

Absolutely.

How will applications be evaluated?

An investment committee comprised of our Strategic Partners and the Healthbox team will review your application. It will be judged on the strength of your solution’s unique value proposition, company’s business model and team’s experience.

Do we have to be in the program city full-time during the program?

We are looking for fully-committed teams that are eager to devote the large majority of their time to the program during its duration.

Given that Healthbox startups thrive on the collaborative work environment, a founder will be expected to be present in the program full- time. That said, we will address the needs of participants on a case-by-case basis and be flexible when appropriate.

Do we have to stay in the program city after the program?

Nope.

Does my entire team need to participate?

We require at least one of the founders to participate full-time and typically like to work with teams of two to four. Single founders are also welcome to apply, but we generally prefer teams. Given the accelerated pace of this program, it is helpful to have a partner (or two or three) to even the load and distribute responsibilities.

How are teams matched with mentors?

Based on the interests and experience of the mentors as well as the needs of the startups, we arrange a series of introductory meetings. After these initial discussions, the founders and mentors mutually decide on next steps. In some cases, the initial meetings lead to additional introductions, a structured weekly meeting or an as-needed advisory relationship. Participants are encouraged to identify specific mentors with whom they’d like to connect, and the Healthbox team will gladly make the introductions.

What happens to me after the program ends?

Healthbox is a partner for life—we continue to allow companies to use the vast Healthbox resources and network as they continue to extend sales channels, expand operations and raise future capital. Healthbox companies are now located throughout the country and the world - each has been through the struggles of starting a healthcare company and made it! This network provides new Healthbox companies with a wealth of knowledge from their fellow trailblazers in in the healthcare industry.