The EIT Health ‘Accelerator’ is targeted at all startups, spin-offs, scaleups and SMEs involved in health in Europe. The stated goal is to bring together the best young entrepreneurs in the healthcare industry and to provide them with the support, skills and services they need to bring their ideas to market. To accompany these young companies at every stage of their growth, the EIT Health Accelerator offers programs in three phases:
Incubate! Young entrepreneurs in this phase receive training and support to create a business plan from a first business idea. These programs run for two to twelve months, offering entrepreneurs an international perspective and the opportunity to build their network with leading healthcare organizations.
VALIDATE! Programs in this phase will help startups continuously improve their business models by providing access to living labs and testbeds, mentoring and coaching expertise within the community, and developing an understanding of regional reimbursement systems.
SCALE! In this phase, the programs offered focus on the development of tools and networks that will enable the financing of projects and smaller SMEs. The goal is to build bridges to potential investors such as investors, business angels and crowd funding.
All projects and programs taking place as part of the annual EIT Health
Business Plan can be found in the current EIT Health Accelerator Catalog.
The Headstart Funding Program aims at early stage start-ups, spin-offs and SMEs that require initial funding for their further development and commercialization. As part of its annual activities in the accelerator sector, EIT Health awards up to 50,000 € to selected young companies twice a year (SHIP event) as part of a multi-stage application process.
The EIT Health Catapult is a training and competition program 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 within the DACH region.
The EIT Health Program ‘Startups Meet Pharma’ unites teams from MSc, Dr. and post-doctoral students with major pharmaceutical companies in Europe. The program invites startups to develop digital solutions that pertain to both the pharmaceutical industry and patients to jointly address the challenges they face with operational products and services. In 2019, a total of five challenges were published in collaboration with Amgen, Bayer, Ferrer, Johnson & Johnson and UCB Biosciences. Due to the great success in 2019, the program will continue in 2020.
Every year EIT Health Germany organizes an investor roundtable in Mannheim or Heidelberg. The aim of the event is to bring together a top selection of EIT Health Germany startups from Baden Wuerttemberg and Bavaria with selected VCs & Business Angels from the DACH region to identify synergies that ideally facilitate next startup investment rounds. The startups are mainly active in the areas of medtech and digital health products. Services active.
The expertise of the EIT Health network can also be accessed independently of running programs. 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.
The EIT Health Accelerator programs 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 Germany.
All EIT Health programs for startups are listed in the EIT Health Accelerator catalog and can be accessed on this website at https://www.eithealth.eu/accelerator.
The programs 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.
No. The Accelerator is open to applications from all entrepreneurs, start-ups, scale-ups and SMEs in Europe.
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 Program in the same year.
2. Startups who have applied for the first round of the Headstart Funding Program 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 Program 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.
If you are registered as a company in Germany, Switzerland or Austria (DACH region), you should contact us, the German EIT Health CLC.
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 Program. 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.firstname.lastname@example.org).