An investment fund offers business training programs for early stage ventures solving global challenges within several fields, including healthcare. The firm typically works with companies who have received less than $1 million in institutional funding and are looking to raise $500K or more in the next 12-18 months. In each program, 12innovative ventures are selected to participate, and among them, two will receive $50,000 investment each through a peer-selection process. The US-based programs are open to companies that are US-based, serving the US market, or with presence in the US.
Within healthcare, the firm is interested in entrepreneurs with solutions that will increase and/or improve access to both healthcare and treatment for low-wealth individuals. Examples may include healthcare IT solutions or innovative medtech and diagnostic tools. The program seeks companies that have developed some sort of traction, either revenue-based or meaningful customer feedback, user acquisition, successful pilots, or strategic partnerships.
The firm looks at experience, competency, and the overall dynamic of management teams. To participate in the business-training programs, the company must have at least one full time team member.
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