The new program is called Techstars++, was developed by Techstars alongside Mayo Clinic Treasury Services and Mayo Clinic Ventures. It offers four healthcare startups that have gone through Techstars’ accelerator program to spend time engaging with “a relevant corporate partner,” wrote David Cohen, Techstars’ managing partner, founder and CEO.
Techstars is one of the largest startup accelerators in the world, investing $118,000 in each company accepted into its program, according to a Puget Sound Business Journal report.
The healthcare startups in the Techstars++ program will receive hands-on mentorship and business development opportunities from Mayo Clinic’s executives, partners and community members.
“It’s a win-win,” said Mr. Cohen in an Albert Lea Tribune report. “Mayo gains insight from some of the most innovative companies in healthcare, while those companies are exposed to top medical professionals who are making a real impact on the healthcare industry.”
Techstars++ will officially go-live once a program director is in place, which is anticipated to happen in early 2015, according to the Albert Lea Tribune report.
More articles on healthcare startups:
Texas Medical Center launches digital health startup program
Why are so many tech companies entering healthcare? 5 key factors
MATTER launches in-residence program of health tech startups
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