Over the course of three intense months, the companies in the Health2B accelerator program will be able to develop their business ideas under the tutelage of an experienced and skilled group of mentors and advisers.
“Accessibility to experienced mentors, support from the Swedish tech ecosystem, and the program's focus aimed at launching a customized sustainable and profitable startup company onto the market within three months make this program unique,” says Mike Gerstenfeld, founder and CEO of the US company Ensa, one of the companies accepted to the Health2B program.
Mike and his company Ensa had just applied to an accelerator program in the US that offered USD 100,000 for an 8-percent stake in the company, when Mike saw the call for applications to Health2B.
“Health2B offered us a more focused and comprehensive program with support to launch our service onto a global market, so we decided to withdraw our application to the US accelerator program. In addition, Health2B did not require an ownership stake in return,” says Mike.
Yannis Kalantzakis from Greece with his company Mylivingrecord is another accelerator program participant. He emphasizes the importance of Health2B for building valuable networks.
“Health2B provides good exposure to healthcare, biotech and insurance companies, as well as to doctors and others associated with the industry.”
Healthy Habits, SmiLe and Lean Forward, Startup Studio are the organizations sponsoring Health2b. The environment that SmiLe provides is unique, with over 800 companies located within a ten-minute walking distance.
“We use our Life Science expertise to play matchmaker between entrepreneurs from various backgrounds. Our unique network of people has a solid understanding of health care and world-class research,” says Ebba Fåhraeus, CEO of SmiLe.
Health2b will culminate in late January at which time the entrepreneurs will present their companies to investors, high-profile members of the business community and other stakeholders. Almi Invest supports the project and provides participating companies with the opportunity to apply for basic financing of SEK 200,000.
Health2b participants, second edition:
CORA – developed an app that helps people with hypertension to live a healthier life (German founders)
TRYGGEL – increases safety and quality of home care for older people using the Internet of Things (IoT). (The founders, who come from Germany, Kenya and Sweden, recently completed e.on’s accelerator-program and also started a Swedish company)
MY LIVING RECORD – provides a solution in which all health-related information about an individual is gathered on a single platform, a tool that optimizes communication between the individual and various care providers. (Greek company, all four co-founders are Greek)
POST DOC – developed a user-friendly tool for transferring information and for interactive communication between patient and care provider.
MENTAL SCANNING TEAM – streamlines psychiatry by offering decision-making support and insights for both the individual and the therapist, which improves mental health and lowers costs for society.
ENSA – connects users’ health and fitness apps to their medical records and provides personalized wellness recommendations in realtime on their mobile devices.
(US company with employees from China and the US)
ATTAIN HEALTH – coaching, individualized advice on medications and doctors on-demand for people with chronic conditions who want to remain in control.
WIDE – offers an automatic customized tool for 3D digital production of prostheses and braces. (Latvian company, with Latvian founders)
CHECKUP – developed e-health tools that conveniently and efficiently allow more frequent monitoring of health conditions, enabling patients to better understand their health.
For additional information, please contact:
Ebba Fåhraeus, CEO at SmiLe Incubator
Mobile: +46 734000433
Health 2B is a project within Business Incubation 2020.
SmiLe is a business incubator based in Medicon Village in Lund. SmiLe helps entrepreneurs and startup companies to develop and commercialize new ideas. Our main task is to help the management teams of these companies to navigate the complexities of business development, financing, recruitment and risk management. There are currently 24 companies in SmiLe, which together have attracted more than SEK 700 million in venture capital to date since 2007. Approximately 130 people, representing 19 nationalities and 45% of whom are women, work at SmiLe incubator. SMILE is a community consisting of experts, business advisors and incubator companies, which when combined provide a unique opportunity for Life Science Industry startups to benefit from their extensive collective experience. The opportunity also includes an infrastructure that is unique of its kind in Sweden, with well-equipped laboratories and advanced instrumentation.