EIT Health RIH Germany-Switzerland
Accelerator

 

The Accelerator is a catalyst for new business growth to deliver transformative products and services. We work with entrepreneurs, start-ups and SMEs to shorten the time-to-market for life-changing products and services while creating new jobs and contributing to a thriving European health economy.

Through our unique network, we link entrepreneurial businesses to the knowledge and resources they need to scale up and scale out as quickly as possible.

Since its launch in 2016, EIT Health has already supported more than 740 start-ups across Europe and raised more than €205m investment in early-stage enterprises.

 

All projects and programmes taking place as part of the annual EIT Health
Business Plan can be found in the current EIT Health Accelerator Catalogue.

 

 

EIT Health Bridgehead

EIT Health’s Bridgehead programme brings together European health entrepreneurs who want to grow their business beyond their home market with the world’s top incubators and accelerators who have the expertise and resources to make it happen. The programme participants will learn how to access new markets quickly and decisively, access infrastructure and understand new regulatory systems.

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EIT Health Catapult

The EIT Health Catapult is a training and competition programme that promotes the development of world-class European innovation in health through exposure to leading experts and international investors. Every year we are looking for the best 42 business ideas from the fields of medtech, biotech and digital health, from whom the finalists are showcased at the EIT Health Summit.

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EIT Health Investor Network

The EIT Health Investor Network connects qualified companies seeking early-stage funding with the first pan-European consortium of more than 80 healthcare investors across 18 countries. Healthcare start-ups will be connected to venture capitalists, corporate venture funds, family offices, angel networks, and super angels seeking to invest in seed, bridge, or Series A deals, up to €6 million.

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Mentoring & Coaching Network (MCN)

The expertise of the EIT Health network can also be accessed independently of running programmes. The Mentoring & Coaching Network (MCN) brings together experts and mentors from the EIT Health network across Europe to help answer the specific questions and challenges of startups in the areas of medtech, biotech and digital health.

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Finance Booster

The Finance Booster is a four-week programme that provides support in your investment journey. It includes three online group training sessions on highly requested start-up topics related to finance. Through this programme, we make sure you have all the important financial answers before jumping on the investment roller coaster.

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FAQs for start-ups

The EIT Health Accelerator programmes have interesting offers for every healthcare startup in every level. Here you will find answers to the most important questions about your cooperation with EIT Health RIH Germany-Switzerland.

Where can I find an overview of all EIT Health programmes for startups?

All EIT Health programmes for startups are listed in the EIT Health Accelerator catalog and can be accessed on this website at https://www.eithealth.eu/accelerator.

Which programme of the EIT Accelerator portfolio is most suitable for my startup?

The programes of the EIT Health Accelerator portfolio are divided into 3 main activity lines: INCUBATE, for startups in the early phase and also for not yet registered startups; VALIDATE for start-ups in the growth phase; SCALE for already on the market and scalable startups. These are just general notes and may vary from case to case. In any case, talk to Mathis and Barbara.

Do I have to be part of the EIT Health Network to participate in an EIT Health Accelerator Portfolio programme?

No. The Accelerator is open to applications from all entrepreneurs, start-ups, scale-ups and SMEs in Europe.

Can I apply for multiple EIT Health Accelerator programmes?

Yes, but you should note the following:

1. Startups that apply for the EIT Health European Health Catapult can not qualify for the EIT Headstart Funding Programme in the same year.

2. Startups who have applied for the first round of the Headstart Funding Programme can not apply for the second round.

3. EIT Health may grant a maximum of € 50,000 in grants per startup and year.

This maximum amount relates to grants awarded under the Headstart Programme or other funds distributed within EIT Health, as well as reimbursements for travel and accommodation when invited to participate in an EIT Health event. This maximum amount does not include the economic value of an activity.

Which EIT Health Co-Location Center (CLC) in Europe should I apply for?

If you are registered as a company in Germany, Switzerland, you should contact us, the EIT Health RIH Germany-Switzerland.

How can I get the supporting letter for the EIT Headstart Funding Programme?

The letter of recommendation/letter of support must be signed by one of our business partners (ideally a German one, but we are not strict about it). Please look at EIT Health business partners at the following webpage https://eithealth.eu/our-network/our-partners/

Do not forget to filter, on the left side, for the BUSINESS PARTNERS.

Please identify one partner that you think might be interested in your technology. This partner could be instrumental for the growth of your company or could be one of your future customers. Once you have identified the partner, please contact them introducing your company and your technology, elaborating the reason why this should be of interest to them and explaining that you need a letter of support/recommendation in order to apply to the EIT Headstart Funding Programme. You could use the master contact of the company that you find on the website or any other contact in the company you might have.

  If you want you can use our template letter http://bit.ly/HS2019letter but keep in mind that represents just a suggestion and it can be modified according to your needs or to the needs of the company. There is absolutely no liability that arises from issuing such a letter of support from the company side. The letter represents a way for startups to increase their visibility creating meaningful relationships and expanding their network.

In case you have further questions regarding the letter do not hesitate to contact Barbara (Barbara.costa@eithealth.eu).

Do you have more questions on our Accelerator Programmes? Just get in touch!

Christian Kunze

BUSINESS CREATION LEAD
+49 176 30676103