Throughout 2017 MedStartr will hold Regional crowd challenges in different cities around the US. In each contest up to ten companies will receive up to $150,000 in funding and in kind contributions from our sponsors in addition to whatever is raised online. On November 30th and December 1st, the top teams will be invited to NYC to compete for a million dollar investment from the MedStartr Venture Fund on stage at MedStartr Momentum 2017. MedStartr Momentum is our Annual Conference focused on early stage healthcare innovation and investing. As in all MedStartr Crowd Challenges, teams get to the finals by how much the crowd and judges like, follow, try, positively review and engage with the ideas. Especially important is when qualified individuals and companies offer to adopt, pilot, partner, or invest in the ideas.
Essentially we use crowdfunding to determine which projects are the best. Next we put the top teams in front of a live crowd and measure engagement. BigData behind the scenes tells us who is interested in what ideas, providing rich data for our selection of finalists and the winners that we then put into our due diligence process to determine if they are ready to enter the MedStartr Venture Acceleration program in exchange for a small piece of equity (2-6%) in the startup. Teams that win our contests accelerate rapidly and regularly grow 5-10 fold in teh following two quarters. Read more about how crowd challenges work here.
For Official Contest rules, please click here.
This contest will be judged by Partners from large healthcare comapnies and institutions that may want to partner, adopt, or license your technologies, members of the MedStartr Mentor Network and the global community of people who care about healthcare innovation. Get a crowd behind your idea that wants to try, adopt, pilot, partner, and invest in your vision and you will get to the finals. It is that simple. On stage you will be judged by a panel made up of the key healthcare stakeholders: Patients, Providers, Partners, Institutions, Investors and "the Crowd".
If you have a great new idea in healthcare at an early or rapid growth stage, we are interested. For a more detailed listing of some of the areas, please see the official rules.
All top teams will be reviewed for inclusion in the MedStartr Acceleration Program which provides up to $150,000 in funding and services healthcare startups need. The package includes design, hosting, software development, legal, accounting, sourcing assistance, introductions, equity crowdfunding optimization, mentors, partner matching, PR, promotional assistance and much more. Most importantly, in a typical crowd challenge people visit the team's projects over 250,000 times. That is like going to a HIMSS or BIO conferences and being shown to everyone five times, While winning the pitch contest and "Crowd Choice" awards are not a guarantee of inclusion in the MedStartr Acceleration program, it significantly increases the likelihood. In a crowd challenge, everyone wins as hundreds of pilots, partnerships, and adoptions worth millions in revenue are also generally closed as well. Apply to win Today!
Our Partner Startup San Diego is running Startup San Diego Week with over 150 events June 19th - 23rd. With 15 different tracks for startups including a BioTech one and the Annual BIO conference going on the same week, it is a great place to be in teh 3rd week of June this year! The finals will take place on June 21st. Click here to learn more or get tickets to Startup San Diego!
We also need the help of patients, doctors, hospitals, and other partners in choosing the best ideas, testing them, and much more. If you are interested, please subscribe below!
New ideas succeed in healthcare when people like you get involved. Here are some ways you can get involved with these ideas. Click to get connected to some of the best new ideas in healthcare now: