Innovations in Health Equity LatAm Accelerator Program

The initiative will provide resources to ten innovative startups in Latin America developing solutions in medical devices, logistics and medical services, managed healthcare, health coaching and wellness, and biopharmaceuticals.

The accelerator aims to support startups that are addressing the needs of marginalized communities, including those outside urban centers and in areas where health services are limited.

Benefits

• Benefits startups will receive:
  • Mentorship
    • Ability to meet with and receive mentorship from prominent investors, potential strategic partners, customers, and other founders.
  • Financial analysis
    • Access to an investment analyst who will coach you one-on-one on building a financial model, identifying unit economics, and using financial metrics to drive both business and investor diligence.
  • Media exposure
    • Exposure to Village Capital’s program website and other communications collateral.
  • Networking
    • Access to a diverse and inclusive network of mentors and founders.
  • Continued learning
    • Access to live and asynchronous sessions tailored to a virtual learning environment to help their companies identify early milestones and prepare for their next round of capital (if relevant) or significant expansion.
  • Advice
    • Startups will also be able to participate in a virtual investor forum and mock-board meetings with representatives from financial institutions, corporations, experienced entrepreneurs, and relevant investors who are looking to provide support towards scaling.

Funding Information

• Three startups from the cohort will be selected by their peers to receive grants of USD 50K, 15K, and 10K, respectively, from Johnson & Johnson Foundation to further scale their solutions.

Eligibility Criteria

• Eligible startups must:
  • Have legal incorporation as a for-profit entity in Latin America, with operations in at least one of the following countries: Argentina, Brazil, Colombia, or Mexico.
  • Have a market-based solution that tackles healthcare challenges in Latin America.
  • Have at least one full-time founder based in Argentina, Brazil, Colombia, or Mexico.
  • Be in compliance with local, fiscal, and business law.
  • Have a minimum viable product (MVP), and raised less than USD 1M in equity.
  • Have meaningful customer or business validation (not limited to revenue, it can also be successful pilot studies, number of users, and/or strategic partnerships).

For more information, visit Village Capital.