Techstars, a leading pre-seed investor, is partnering with Northwestern Medicine to launch the Northwestern Medicine & Techstars Healthcare Accelerator, a new program focused on driving healthcare innovation. The accelerator will invest in promising early-stage healthcare startups, providing founders with the support they need to build high-growth companies dedicated to improving patient care and outcomes. This collaboration combines Northwestern Medicine’s top-tier healthcare expertise with Techstars’ proven accelerator model, which has helped thousands of startups succeed, highlighting their shared commitment to shaping the future of healthcare.
“This collaboration underscores our commitment to nurturing the growth and success of emerging healthcare entrepreneurs,” said Doug King, Chief Information Officer at Northwestern Medicine. “We aim to provide startups with a platform to collaborate closely with our clinical and technical experts, fostering an environment that drives meaningful change in the healthcare industry.”
Applications for the Northwestern Medicine & Techstars Healthcare Accelerator will open on August 26, 2024. Six startups will be selected for the program, which begins in March 2025 and will be conducted in-person in Chicago. Selected founders will receive funding, hands-on mentorship, and training, along with access to the extensive networks of both Techstars and Northwestern Medicine. Interested applicants can apply when applications open.
“Techstars’ recent State of Innovation Survey highlighted healthtech as one of the most innovative sectors today,” said Brad Schnitzer, Managing Director of the Northwestern Medicine & Techstars Healthcare Accelerator. “As a leading healthcare system, Northwestern Medicine is the ideal partner to help founders navigate the complexities of the healthcare industry and unlock the potential of technology innovation to improve patient outcomes.”
About Techstars
Techstars invests in early-stage startups led by unstoppable entrepreneurs with transformative business ideas. With over 45 accelerators globally, and an unparalleled network of alumni, mentors, commercial partners, investors, and dedicated teams, Techstars supports entrepreneurs throughout their startup journey, helping to build thriving startup communities.
