Call for applications for The 2024 HealthTech Hub Africa (HTHA) Accelerator Program are open now!
Africa bears a disproportionate amount of the world’s health problems, with scarce funding and resources for healthcare impeding the availability of high-quality medical care for all residents. Innovative technological solutions present a viable way to deal with these problems. Entrepreneurial innovation is booming in the region; interesting examples include drone deliveries of medical supplies and virtual health assistants.
With a physical co-working location in Kigali, Rwanda, HealthTech Hub Africa (HTHA) is a hybrid pan-African health tech accelerator. HTHA was established by the Novartis Foundation and is funded by the Global Fund, the Patrick J. McGovern Foundation, and other important government players. Its mission is to aggressively integrate innovations into public health systems. The Accelerator Program aims to offer entrepreneurs a powerful platform to create sustainable businesses and meaningful health impact.
Thematic Areas:
- Cardiovascular Health: Reducing cardiovascular disease deaths on the population level through improved screening, referral, diagnosis, and management.
- Breast Cancer: Reducing breast cancer deaths on the population level through improved screening, referral, diagnosis, and management.
- Virtual Health and Care: Improving quality, access to equitable care, and digital literacy through remote delivery of preventative and curative health and care services.
- Optimization of Data-driven Decision-making: Improving health system capabilities and epidemic preparedness through stronger integrated health information.
HTHA is searching for new business models that enable engagement with local and national governments, as well as startups and scale-ups from throughout the African continent, with the goal of supporting health systems in their digital transformation journeys, for the 2024 cohort.
The primary evaluation criteria for each of the two tracks centre on the applicants’ capacity to show how their innovations can successfully address problems in one or more of the hub’s four thematic areas of focus; other considerations include their product excellence, teamwork, fit-to-market, sustainability, and scalability model in relation to collaborating with the public system.
Location:
African CountriesBenefits
- Access to all the above benefits offered to growth startups.
- Media training and exposure.
- Additional Investment Readiness Support.
- Free access to world-class legal services, accounting, marketing, talent acquisition, and accelerated fundraising.
- Free expert-level support from established local and global organizations in the form of advisory, facilitation, match-making with prospective partners, consulting, and more
- Perks in the form of free and/or highly discounted infrastructure credits, software licenses and technical and design services
- Access to the hub’s investor circle
- Access to various opportunities shared by the network
- Through the digital platform of the hub, all selected startups will be able to apply for grant funding and in-kind benefits exceeding USD 1M.
- The funding will serve the startups to test, refine, validate, integrate and, accelerate and/or scale their solutions inside the public health systems to drive forward health equity in the continent.
- Following the projects’ completion, the solutions successfully integrated into the respective national health systems will be spotlighted and will have the opportunity to seek further support in the future.
Eligibilities
The HTHA Challenge is open to all HealthTech startups with the following mandatory conditions:
For Startups:
- African Registration: Startups must be registered in an African country.
- Team Composition: A co-founding team with at least two members, including one African founder.
- Thematic Alignment: The startup’s product or service should align with one or more of HealthTech Hub Africa’s four thematic areas: cardiovascular health, breast cancer, virtual health and care, and Optimisation of data-driven decision making.
- Revenue Stage: Startups can be either pre-revenue or post-revenue.
- Funding Stage: Pre-SEED to SEED stage startups are eligible.
- Operational Duration: Startups should have been in operation for a minimum of one year.
For Scaleups:
- African Registration: The startup must be registered in an African country.
- Team Composition: A co-founding team with at least two members, including one African founder.
- Thematic Alignment: The product or service should align with one or more of HealthTech Hub Africa’s four thematic areas, which include cardiovascular health, breast cancer, virtual health and care, and data for decision making.
- Evidence-Based Solution: The startup’s product or service should be evidence-based and demonstrate positive health benefits.
- Impact Monitoring: A rigorous approach to monitoring the solution’s impact on individuals is essential.
- Revenue Stage: Startup’s must be post-revenue.
- Funding Stage: Pre-Series A or Series A
Application Process
- Visit the apply link by clicking on the “APPLY NOW” button.
- Create your account and fill all the information as instructed.
Application Deadline: December 11, 2023
Application ClosedOfficial link
