Startupbootcamp has launched a new accelerator program for new businesses focusing on technology in the health and well-being sector. HealthXL will operate between Dublin and London and offer start-ups seed funding as well as mentoring and support from a global network of experts in the technology and health sectors.
Applications are now sought, from which a shortlist of 20 teams will be announced in January and 10 of these will be chosen to take part at a special HXL mentor event to be held in early 2013. The teams will each secure €15,000 micro investment; access to leading health and tech experts, co-working space and access to over €160,000 in products and services from sponsors and partners. Businesses that stay in Ireland after the program will be able to apply to Enterprise Ireland for an investment of up to €500k.
Guests at today’s launch enjoyed interactive presentations from a mix of International VC’s, founders, industry experts, startups and community including: Martin Kelly, IBM Venture Capital and HealthXL Program Director; Eoghan Jennings, StartupBootCamp Dublin Founder; Steve Seuntjens, Personal Health Solutions; Joey Mason, Delta Partners; Conor Hanley, Founder and CEO Bianca Med; Johnny Walker, Founder Global Diagnostics, Jim Joyce CEO Point of Care and visionary Founders of healthcare startups SkinVision, GetHealth and DoctorKinnect.
Martin Kelly, a partner at IBM Venture Capital said he was delighted to be involved as program director of HealthXL. “Dublin is an ideal location with its mix of vibrant start-up community, global health presence and HQ for some of the hottest tech, pharma and medical device firms,” he added.
US angel investor and Startupbootcamp advisory board member Ester Dyson will be a HealthXL mentor and hopes to provide much more than just seed funding to the start-ups. “The challenge is to scale these companies once they are beyond the early stage,” she said. “One of the features that enticed me to Startupbootcamp is the way it leverages large companies — not for their money but for their expertise.”
HealthXL will culminate on Dublin Investor Demo Day in May 2013 where teams will pitch to a 300+ audience of the world’s key angel investors, business mentors and community members.
Startups can register at www.healthxl.org and the deadline for submissions is December 2012.
Startupbootcamp is one of the leading European accelerator programmes as well as the programme started in Dublin earlier this year operates in Copenhagen, Berlin, Amsterdam and Madrid.