The Iron Yard shutting down its digital health accelerator

The Iron Yard

The Iron Yard will no longer work as a digital health accelerator; instead, it will now offer shared workspace in its Spartanburg, South Carolina headquarters. The organization will also keep running its coding school.

The accelerator had supported a few classes of startups, offering them a three-month training, seed funding, legal and financial advice, as well as complimentary attendance to Health 2.0’s annual fall conference. Startups also got to benefit from Iron Yard’s partner organizations, such as JM Smith Corp., a holding company for six pharmaceutical and healthcare businesses, Mayo Clinic, AbbVie (Abbott Labs), Zebra Technologies and BMW.

Meanwhile, other accelerators have also been changing/adopting their practices, including StartUp Health Academy, Healthbox, and Health XL. There’s also Rock Health which ended its accelerator and is now focused on funding early stage companies.

Iron Yard’s last, fifth class with nine digital health startups was unveiled in May 2015.

[Via: MedCityNews]