New EIT Health programs's!
There are a number of new EIT Health programs's that may be of interest to you as an entrepreneur! In this article you will find a brief description of different programs's within the Business Creation program that you can apply for. The programs's are divided into startup & grow your business. Click on the links for detailed information about the different programs's.
Launch your startup!
Medtech Bootcamp
- Expert and mentors will help you understand and refine your project, business and financial plan.
- Take a closer look at the market and your competition, better understand medical device regulations and perfect your pitch to investors to give you the best chance of success.
- For entrepreneurs, innovators, start-ups or SMEs that focus on MedTech or Digital Health with TRL 2-4 and a team of at least 2 people.
- There is a commitment fee of €350 once accepted in the program.
- Application deadline is May 31, 2023.
- More information here.
Patient Innovation Bootcamp
- Supports the development and launch of innovative solutions created by people directly affected by health conditions.
- Mentoring and training in Lisbon, medical and technology validation in Barcelona, implementation and dissemination in Copenhagen, and online training regarding business model design in between.
- Travel and accommodation costs are supported by the program for selected start-ups.
- Teams must include at least one patient and/or informal caregiver who have developed an innovative solution to deal with a limitation related to the personal health condition that they face.
- Application deadline is May 31, 2023.
- More information here.
Regulatory Pathways Bootcamp
- upports early-stage start-ups to ease their entry into market.
- 10-week online program you will understand the highly regulated pathway within the European healthcare system and identify potential pathways to reimbursement.
- For entrepreneurs, innovators, start-ups or SMEs that focus on MedTech or Digital Health with TRL 2-4 and a team of at least 2 people.
- There is a commitment fee of €350 once accepted in the program.
- Application deadline is May 31, 2023.
- More information here.
ULabs
- Helps you organize and execute a validation study for your start-up's innovation.
- Our User Validation labs include living labs, accelerators, hospitals and innovation centers that can help you get access to and collect feedback from your future end users.
- You will be able to test your product or service with patients, clinicians and medical staff in Europe.
- For products or services in the development phase but not yet commercialized.
- There is a fee for start-ups of €3000 to participate in this program.
- Application deadline is May 2, 2023.
- More information here.
There will be an information session on 23 March and 20 April at 11:00 CET where more details about the program will be presented and you can put forward any questions you have. You can register for the info session here.
Wildcard
- Pairs early-stage start-ups with the resources they need to validate their problem-solution, achieve product-market fit, and secure investment opportunities.
- Open to start-up teams who are not afraid to take risks to develop an innovative solution for a specific health challenge.
- Guidance and support from experts and investors help the teams to take on the challenge and bring innovative products and services to the healthcare industry.
- Accelerate children-centric innovations that make real impact in children's lives, with a focus on innovations that address challenges in early life, chronic conditions and rare diseases, and acute disease management.
- Applications open to teams of entrepreneurs, start-ups or SMEs with a suitable solution of TRL3-6.
- Application deadline is May 2, 2023.
- More information here.
There will be an information session on 23 March and 20 April at 12:00 CET. You can register for the info session here.
Grow your business!
Catapult
- A unique competition and training program that showcases life sciences and health tech start-ups to leading experts and investors across Europe.
- Start-ups receive intensive training to build credibility and visibility through pan-European exposure.
- Finalists pitch at the Bits & Pretzels HealthTech event as they go head-to-head for cash and industry prizes, and the opportunity to be displayed on the New York Nasdaq Tower.
- Open to all start-ups and spin-offs that are micro/small enterprises (less than 50 employees) working in life sciences or health tech and are looking for seed or series A funding of at least €500k.
- Self-valued at €1M+ and received at least €500K in public or private funding or generated €500k in revenue last year.
- EIT Health has the right to invest in the Catapult Finalists.
- Applications close May 2, 2023.
- More information here.
There will be an information session on 21 March and 18 April at 11:00 CET. You can register for the info session here.
Brigehead
- Matches start-ups with incubators and accelerators - our Catalysts - in a new European market.
- Catalysts help the start-up to access local networks, access infrastructure and understand local regulatory systems.
- Qualified companies must already be selling their medtech, biotech or digital health product/service in at least one market and be able to launch in new market(s)
- Participating companies will pay a 6% success fee based on revenues in the new market (capped and timebound).
- Applications close May 2, 2023]
- More information here.
There will be an information session on 22 March and 19 April at 11:00 CET. You can register for the info session here.
Mentoring and Coaching Network
- We work with more than 200 healthcare industry experts who can provide advice toward meeting your next milestones.
- Mentors include academics, IP/regulatory experts and venture capitalists.
- To apply you must be developing a healthcare product or looking to scale-up and expand into new markets.
- Selected applicants will receive a voucher (at least €500) that they can use to compensate the mentor (rates vary).
- Applications can be submitted at any time.
- More information here.