By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    physical health
    5 Ways Playing Games Can Improve Neural and Physical Health
    September 9, 2022
    Reasons For Hair Loss and Its Treatment
    Reasons For Hair Loss and Its Treatment
    February 16, 2022
    healthcare organization
    5 Actionable Strategies For Healthcare Organizations
    August 15, 2022
    Latest News
    Grounded Healing: A Natural Ally for Sustainable Healthcare Systems
    May 16, 2025
    Learn how to Renew your Medical Card in West Virginia
    May 16, 2025
    Choosing the Right Supplement Manufacturer for Your Brand
    May 1, 2025
    Engineering Temporary Hospitals for Extreme Weather
    April 24, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    email marketing in healthcare
    Harnessing the Power of Email Marketing in Healthcare
    October 26, 2023
    healthcare claims
    The Role of Communication in Resolving Complex Workers’ Compensation Claims in Healthcare Settings
    September 22, 2024
    Wounds and Wisdom: What Motorcycle Accidents Teach Us About Health and Healing
    Wounds and Wisdom: What Motorcycle Accidents Teach Us About Health and Healing
    February 12, 2025
    Latest News
    Building Smarter Care Teams: Aligning Roles, Structure, and Clinical Expertise
    May 18, 2025
    The Critical Role of Healthcare in Personal Injury Recovery: A Comprehensive Guide for Victims
    May 14, 2025
    The Backbone of Successful Trials: Clinical Data Management
    April 28, 2025
    Advancing Your Healthcare Career through Education and Specialization
    April 16, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: $50k Available for Your Health IT Startup Ideas
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Technology > Medical Innovations > $50k Available for Your Health IT Startup Ideas
Medical Innovations

$50k Available for Your Health IT Startup Ideas

ShahidShah
Last updated: September 3, 2011 10:03 am
ShahidShah
Share
3 Min Read
SHARE

 

This morning I spoke with the founders of HealthBox, a business incubator and accelerator program focused on health IT startups. If you’ve got a great idea that you’d like to get funded, need $50k to make it come to fruition, and don’t mind giving up 7% of your company to the accelerator program then HealthBox may be for you.

 

This morning I spoke with the founders of HealthBox, a business incubator and accelerator program focused on health IT startups. If you’ve got a great idea that you’d like to get funded, need $50k to make it come to fruition, and don’t mind giving up 7% of your company to the accelerator program then HealthBox may be for you.

More Read

Slowing Metabolism
Meeting the Challenges of a Slowing Metabolism
Join Me at WWHI’s “Discussion with the FDA” on April 28th at Second Health Care Innovation Day (HCI-DC)
3D Printing Revolutionizes Healthcare
Embracing Change for Healthcare Transformation
High Quality, Low Cost HealthCare Video Interview Series: Dr David Delaney From SAP Talks Data

They’re giving away a good amount of cash ($50k vs. the normal $20k for other tech accelerators), but what I like most about their effort is that they have a strong partnership with three key buyer segments: Walgreens for retail, Ridgeview Medical Center for providers, and Blue Cross Blue Shield for payers. That means if your IT concept needs to sell to one of those constituencies then the Healthbox strategic partners will provide you (likely invaluable) advice on how to sell to your intended audience. Healthbox is also providing, as is customary, a group of pretty good mentors to help you along the way. Mentors are comprised from other healthcare providers, healthcare investors, and successful healthcare entrepreneurs that can show you how to gain traction in the market and acquire healthcare customers (which is never easy).

Unlike some other health accelerator programs out there, HealthBox is not affiliated with HHS, ONC, or any other government program and I think that’s probably a plus.

You have until mid October to get your application in, selections will likely be made by Thanksgiving and announced by early December. The kick off for the program (assuming you’re selected) is second week of January and lasts 3 months, ending in April with a “demo day” for investors. Companies will have workspaces in Chicago and founders will probably need to travel Chicago during the entire program but they said some team members can work remotely with some flexibility; they want everyone near each other because HealthBox believes the value of the program is creating energetic workspaces and having startups help each other. I pretty much agree with the model.

TAGGED:HealthBoxHITmedical innovations
Share This Article
Facebook Copy Link Print
Share

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

Clinical Expertise
Building Smarter Care Teams: Aligning Roles, Structure, and Clinical Expertise
Health care
May 18, 2025
Grounded Healing: A Natural Ally for Sustainable Healthcare Systems
Grounded Healing: A Natural Ally for Sustainable Healthcare Systems
Health
May 15, 2025
Learn how to Renew your Medical Card in West Virginia
Learn how to Renew your Medical Card in West Virginia
Health
May 15, 2025
Dr. Klaus Rentrop Shares Acute Myocardial Infarction heart treatment
Dr. Klaus Rentrop Shares Acute Myocardial Infarction
Cardiology
May 13, 2025

You Might also Like

How to Differentiate Your Health IT Products and Services

January 25, 2013

Eyeborg–A Prosthetic Eye That Records and Streams Video (Video)

August 29, 2011
Dental healthMedical InnovationsSpecialtiesTechnology

Innovations in the Dental Implant Industry

April 10, 2018
eHealthMedical Innovations

3 Ways The Internet Can Make Healthcare More Accessible

December 26, 2018
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?