Techstars Central, a Boulder, Colorado-based world platform that gives entry to capital, mentorship, and programming for early-stage entrepreneurs, is re-starting a well being care-focused accelerator in Los Angeles.
The corporate on Sept. 6 introduced that it’s now accepting functions for the primary cohort of 12 well being care firms that can begin a 13-week program in March.
“Techstars has deep expertise and an distinctive monitor report investing in well being care, particularly in Los Angeles,” Matt Kozlov, managing director of the Techstars Healthcare Los Angeles program, mentioned within the announcement.
Techstars is a worldwide platform that gives funding and innovation, serving to tech entrepreneurs and their groups join with different startup executives, mentors, accelerator program alumni, traders and company companions – all to assist their firms develop. Domestically, the announcement mentioned, practically 200 firms have gone by way of a Techstars program in Los Angeles and have raised greater than $1.4 billion.
At the moment, Techstars runs three applications domestically: Techstars Los Angeles (in partnership with New York-based JP Morgan Chase & Co.); Techstars Music; and Techstars House.
Techstars had beforehand co-sponsored a well being care-focused program in Los Angeles with the Cedars-Sinai Accelerator, a part of the Cedars-Sinai Medical Middle campus in Beverly Grove/West Hollywood.
UnitedHealthcare, a subsidiary of Minnetonka, Minnesota-based UnitedHealth Group Inc., was additionally a sponsoring companion.
The consortium’s program shepherded seven cohorts of well being care startup firms and co-invested in additional than 70 companiesBut that collaboration ended across the time of the pandemic.
Cedars maintained its accelerator program, whereas Techstars included well being care entrepreneurs into its most important Los Angeles accelerator program, which is now positioned in Culver Metropolis.
With final week’s announcement, Techstars is collaborating as soon as once more with Cedars-Sinai Medical Middle and UnitedHealthcare and has added two sponsors: Canton, Massachusetts-based well being insurer Point32Health and Irvine-based UCI Well being.
As a part of the 13-week program launching subsequent March in Los Angeles, collaborating firms will obtain capital, mentorship and instruction from the Techstars world community and the U.S. well being care and health-tech ecosystem.
The appliance deadline is Nov. 30.
