Throughout 2017 MedStartr will hold regional and National 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. In December 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. Read more about how crowd challenges work here.
For Official Contest rules, please click here.
This contest will be judged by the experts in 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 in NYC you will be judged by a panel made up of the key healthcare stakeholders: Patients, Providers, Partners, Institutions, and Investors.
If you have a great new idea in healthcare at an early stage, we are interested. For a more detailed listing of some of the areas, please see the official rules. While the deadline has passed for the 3/1 Challenge, Our next challenge begins soon so start your application here and get a jump on the competition!
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 and to bring your idea to those who need it ASAP. While winning the pitch contest and "Crowd Choice" awards are not a guarantee of inclusion in the program, it significantly increases the likelihood. Apply to win the next Crowd Challenge today!
Price Waterhouse Coopers is hosting the finals in New York City on March 1st. Click here to get tickets to the half day mini conference all about the "Rise of the Healthy Machines!"
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: