MassChallenge has opened applications for the 2018 PULSE@MassChallenge program. Launched as a strategic component of the Mass Digital Health initiative, PULSE@MassChallenge aims to connect promising digital health companies with the region's leading institutions, corporations, payors, and healthcare experts. Startups with less than $5 million in both funding and revenue are invited to apply by the October 11 deadline.
"In one year since launching our program, we've seen the excitement that exists across the region to improve patient care and accelerate the impact of entrepreneurship," Nick Dougherty, Program Director of PULSE@MassChallenge, said in a statement. "We're excited to kick-off our second season and look forward to creating impact together."
To participate in PULSE@MassChallenge, digital health startups must first receive at least one offer from the program's more than 20 Champion partners. Through these engagements, Champions help facilitate key advisor introductions, pilots, research, and even investment opportunities to help startups address the massive challenges in healthcare.
Also, the program provides startups with access to scholarships, expert mentorship, tailored curriculum, and more than 8,000 sq. feet of office space located in the heart of The Fenway neighborhood — all at zero cost and for zero equity. At the culmination of the program, top startups compete for more than $200,000 in equity-free prizes.
In its first year, PULSE@MassChallenge alumni received more than 80 partnership offers, added thousands of users, launched pilots, raised over $21M during the program, and created impact that addressed elder care, sports injuries, telemedicine, and more. This year, the focus is on challenges facing nutrition, caregiving, the opioid epidemic, genomics, rare diseases, cybersecurity and more.
The 2018 PULSE@MassChallenge supporting partners include the State of Massachusetts, Aetna, OSF HealthCare, Partners HealthCare Connected Health Innovation, and Campbell Soup Company.