Digital Health VC

Observations by a European Venture Capitalist

A Startup’s Guide To Digital Health Accelerators In Europe

EU-Digital-health-accelerators-guide-for-startupsIt’s no surprise to anyone that startup accelerators are continually cropping up across Europe. There are now well over 100 programs accepting applications in the region. It’s definitely a crowded space and not an easy one to navigate, especially if you’re a budding entrepreneur.

Although it’s difficult to keep count of all accelerators focusing on Digital Health (because new ones are popping up and ceasing to exist all the time), I counted 21 accelerators in Europe that might be interesting for entrepreneurs operating in the world of digital health. Here’s the list, categorized by location of the program…

Finland

FICHe Project / FIWARE Accelerator Programme
This is an initiative that challenges startups to develop applications and businesses in the eHealth market using FIWARE technology. There are several acceleration phases and the participants have a chance to land up to €217,000 in financial support.

Vertical Accelerator
This 4-month program takes place in Finland and targets young digital health and wellness startups.

Health Innovation Village at GE
Health Innovation Village is a platform, supported by GE, for startups that want to network, innovate and grow. Though there’s no official website yet, you can learn more about the initiative through their Facebook and Twitter.

Italy

BioUpper
BioUpper is an acceleration platform for startups in the field of life science that operate in the Italian market.

Wellness Accelerator
Powered by Italian fitness equipment manufacturer Technogym, the Wellness Accelerator is a 4-month program targeting the areas of health, fitness and wellness.

Germany

Bayer Grants4Apps
From mobile apps to wearables, this program takes place in Berlin and is looking for health technologies or IT solutions beyond the ideation phase.

EyeFocus Accelerator
This accelerator has a particular emphasis on startups and later-stage companies developing a product for preventing, curing or living with eye disease.

Helios Hub
Berlin-based Helios Hub is an accelerator offering a platform for digital health technologies that benefit patients, improve treatment processes or concern the German healthcare system.

Medtech Startup Academy
This program focuses on startups developing ideas in the medtech industry.

Merck Accelerator
Located in Darmstadt, Germany, the Merck Accelerator looks to support ideas in the areas of healthcare, health IT and science.

Startupbootcamp
Rumor has it that Startupbootcamp will be rolling out a program focusing on digital health in Berlin. Keep an eye out for updates.

EIT Digital
Although it’s not stated on the website, startups who have taken part in the annual Health and Wellbeing Challenge through the EIT Network tell me that winners receive 3-months of free office space in Berlin and a monetary prize that doesn’t come with any conditions.

The Netherlands

Rockstart
Rockstart’s digital health program is located in Nijmegen, in the Netherlands, and lasts for 180 days.

Spain

Moebio
Moebio provides a number of programs with the goal of accelerating healthcare and entrepreneurship.

CREA
A program aiming to support eHealth projects by offering synergies through TSB resources and network.

Emprende InHealth (UnLtd Spain)

Sweden

Frogleap Accelerator
Frogleap accelerator offers healthcare startups a 6-month program in Stockholm.

Healthy Habits
Based in Lund, Sweden, Healthy Habits is a startup accelerator focusing on digital health.

United Kingdom

Atlantic Accelerator
Cambridge-based Atlantic Accelerator focuses on medical solutions and technologies that improve patient care.

Dotforge Health + Data
Dotforge offers a program to support startups creating health and wellbeing applications.

DigitalHealth.London Accelerator
Launching on 10 February 2016, the DigitalHealth.London Accelerator wants to bring together digital health SMEs and healthcare providers to develop and deliver innovations that tackle patient and clinician issues.

Healthbox
Healthbox Studios offers a platform to help breed healthcare startups for growth

Cross-border programs

Accelerace Life
With a focus on life science and health tech businesses, Accelerace Life runs two programs – one for the Baltic Nordic Region (Estonia, Finland, Latvia, Lithuania) and Nordic High Growth Entrepreneurship (Denmark, Finland, Norway, Sweden)

If you know of any more programs in Europe that aren’t included in the list, feel free to comment below! – MSK

Min-Sung Sean Kim
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Min-Sung Sean Kim

Min-Sung Sean Kim is Partner at XLHEALTH, a Berlin-based venture capital fund specializing in Digital Health Series A investments. He believes that healthcare startups with innovative solutions have the potential to create impactful social change. In leading the analyst team at XLHEALTH, Min-Sung has seen more than 2300 digital health startups in Europe and invested in companies including mySugr, Meedoc, NeuroNation and Harimata. Additionally, he offers insights, research and observations on the European digital health startup ecosystem at www.DigitalHealthVC.com
Min-Sung Sean Kim
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