LIFT: Accelerating Equitable Health Innovation – US

This accelerator program will focus on supporting non-medical solutions that address disparities in the social drivers of health for historically marginalized communities.

This program is in in collaboration with the Deloitte Health Equity Institute (DHEI) and with support from Impact Ventures by Johnson & Johnson Foundation.

Benefits

Benefits startups will receive:

• Mentorship
  • Mentorship from potential strategic partners, customers, founders, prominent US investors, and business leaders.
• Connections & Exposure
  • Access to a diverse and inclusive network of mentors and founders within healthcare and healthtech. Exposure on Village Capital’s program website and other communications collateral.
• Financial Analysis & Support
  • 1:1 coaching with an investment analyst focused on building a financial model, identifying unit economics, and on using financial metrics to drive both their business and investor diligence.
• Continued Learning
  • Participate in mock board meetings with representatives from enterprise healthcare organizations, corporations, and investors that can help their organization scale.
• Events
  • Interactive virtual workshops tailored to help your company identify early milestones and prepare them for your next round of capital (if relevant), and one in-person program summit.
• Funding
  • All startups will receive a USD 10K non dilutive grant.

What are they looking for?

• Focus on reducing health bias and equity gaps
  • Solutions supporting historically marginalized communities facing health challenges and inequities.
• Focus on building trust in underserved communities
  • Solutions engaging and strengthening communities.
• Cultural and behavioral sensitivity
  • Solutions that use a creative, cultural, and behavioral lens.
• Lived experience
  • Founders who are building solutions for challenges they have experienced or communities from which they come.

Eligibility

Eligible startups must have:

• Legal incorporation as a for-profit entity.
• Headquartered and with operations in the United States.
• Market-based solution that tackles the challenges above for communities in the US.
• Have a minimum viable product (MVP), and raised less than USD 1.5M in equity.
• Have at least one full-time founder based in the US.
• 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.