Kyle
Health tech is a huge space. It, along with its sibling, “bioscience” is one of the fastest growing segments of startups world wide. Health tech focused accelerators can be wildly successful, especially “everywhere else”.
In startup communities “everywhere else” it can be easier for investors to understand health tech, as opposed to the latest, greatest, social local mobile event discovery app. Presumably, health tech startups have a direct path to helping people, fighting sickness or driving costs down.
Lift1428, an innovation design, strategy and communications firm, the Miami Innovation Center at the University of Miami Life Science & Technology Park and its developer, Wexford Science + Technology, and the UM Miller School of Medicine, have teamed up for Project Lift Miami, a new health tech focused startup accelerator in Miami, reports the Miami Herald.
The new Project Lift Miami accelerator is a 100 day program for new startups and entrepreneurs. They will select between 10-15 startups and entrepreneurs to participate in the program. Each startup will receive between $20,000 and $30,000 in seed funding.
However, like most accelerators, this program is not about the funding. All of the teams will have access to a nationwide network of top level mentors who have committed to the startups well beyond the 100 day program.
“There’s so much regulation and there are privacy issues and other barriers to entry that are different in the healthcare industry. Having the access to the environment we have here to test your idea and prove your concept is a great advance,” said Robert Chavez, Executive Director of Project Lift, who is also executive director of business intelligence at UM’s Miller School, told the Herald “That kind of mentoring you won’t get at a general accelerator.”
Linkage:
Apply now for Project Lift
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