Startups

Companies accepted to the program will benefit from the free office space and funding, as well as marketing and legal consulting services.

New companies are: Fire Ant, ImmersiveTouch, Kare Visits, Medsqr, My Wellness Community, SuperBetter, Triggr Health, UrgentBuddy, Uroprox, and Validate Health.

Each of the selected companies will participate in the 12 mentorship week program, and receive $30,000 in exchange for 8% equity stake.

The LA-based program lasts three months and will help startups that are focused on the intersection of sports, technology, entertainment, and media.

The pharmaceuticals giant selected the five companies from more than 200 applications from 48 countries to participate in this year's Grants4Apps program.

However, this will allow big companies to mine these "zombie" start-ups for talent or innovative technologies that could bolster existing solutions.

Seven companies selected for the program will receive an optional $20,000 stipend (for a 6% stake), office space in Louisville, and access to a mentor network.

This will be Healthbox's fourth program in Chicago and fourteenth overall, where they have worked with 105 healthcare startups and invested in 85 to date.

With 8 new startups enrolled, the accelerator now counts 68 companies with more than 140 entrepreneurs in its alumni community.

Companies accepted to the program will participate in a 16-week boot camp from July to October, and will be offered tools and support to kickstart their growth.