Startup Development

 

For healthcare startups and early-stage ventures, we provide specialized support to effectively validate and scale new healthcare solutions.

  • We help assess startup ideas, perform market research, and connect founders to domain experts.
  • Our lean startup approach focuses on quickly testing assumptions, building MVPs, incorporating user feedback, and finding product-market fit.
  • We provide guidance on digital health technologies, product-market validation, building cross-functional teams, raising funding, and growth strategies.
  • Startups benefit from our industry connections to investors, technical partners, and distribution channels.

 

Startup Development Roadmap

1

Engage with healthcare innovation communities

  • Connect with healthcare accelerators, associations, academic tech transfer offices, pitch events etc.
  • Raise awareness of our startup development services and get introductions to early-stage ventures

2

Assess startup ideas and teams

  • Perform preliminary evaluation of healthcare venture's ideas, business models, strengths etc.
  • Gauge founders' commitment, technical/business expertise, industry knowledge etc.

3

Onboard selected startups

  • Work with leadership to finalize startups accepted into development program
  • Outline engagement plans, innovation goals, key milestones, and timeline

4

Facilitate product design sprints

  • Guide teams through low-fidelity prototyping of solutions
  • Advise on lean and flexible requirements gathering
  • Connect teams to resources needed for prototyping

5

Support implementation planning

  • Advise startups on forming cross-functional teams with needed expertise
  • Provide frameworks on product roadmaps, agile dev, clinical safety etc. 

6

Connect to relevant partners

  • Leverage our networks to connect startups to healthcare advisors, technical vendors, pilot partners etc.
  • Facilitate partnerships aligned to their solution and go-to-market needs

7

Refine business models

  • Work with startups to identify revenue models, pricing, distribution channels etc.
  • Connect them to legal, sales, marketing experts to finalize strategies

8

Prepare for fundraising

  • Advise on healthcare investor landscape and investment options
  • Provide pitch deck templates, presentation coaching, introductions to potential investors

9

Track pilot performance

  • Partner with startups to identify key metrics and milestones
  • Review results from initial customer pilots and support refinement

10

Guide commercialization and scale

  • Develop growth plans detailing expansion of sales, marketing, partnerships, operations
  • Position startups for sustained growth post program completion

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