Techstars announces another healthcare accelerator
It is a partnership with CareFirst, one of the nation’s largest nonprofit healthcare organizations, and Johns Hopkins, America’s first research university.
Add another healthcare accelerator to the Techstars family. It follows this recent teknovation.biz article announcing the “Northwestern Medicine & Techstars Healthcare Accelerator.”
This one, named the “Techstars AI Health Baltimore powered by Johns Hopkins and CareFirst,” combines the university’s expertise in transforming research into commercially viable businesses, CareFirst’s experience in advancing access to affordable, equitable, high-quality healthcare, and Techstars’ accelerator model that has helped entrepreneurs build thousands of successful companies, including more than 600 in healthcare.
“The application of artificial intelligence to healthcare will enable new avenues of innovation, creating more powerful solutions for patients more quickly,” said Andrew Cleland, Chief Investment Officer at Techstars. “Entrepreneurs are at the center of this change as they apply cutting-edge technology to improve care and, ultimately, impact people’s lives. Their ability to collaborate with prominent health systems like Johns Hopkins and CareFirst, plus Techstars’ programming, capital, and connections will help multiply that impact.”
“Johns Hopkins is well known for health care excellence and innovation, and with the 2023 launch of our Data Science and AI Institute, Johns Hopkins is building a similar concentration of excellence in this emerging field,” said Myra Norton, head of start-up acceleration at Johns Hopkins Technology Ventures, the university’s commercialization and entrepreneurship arm. “By collaborating with Techstars at the intersection of healthcare and AI, Johns Hopkins aims to bring more entrepreneurs to our ecosystem and catalyze more startup activity to bring high-impact healthcare innovation to market.”
The accelerator program will take place in-person in Baltimore, a city at the forefront of healthcare innovation thanks to the influence of anchor institutions like CareFirst BlueCross BlueShield, one of the nation’s largest nonprofit healthcare organizations, and Johns Hopkins, America’s first research university. This new program builds on the success of Techstars Equitech, a three-cohort series in partnership with UpSurge Baltimore that concluded in May 2024. In its capacity as Baltimore’s technology ecosystem builder, UpSurge will continue to ensure that Techstars Founders can leverage the wide continuum of assets that exist in greater Baltimore.
Applications are being accepted through November 20, and the accelerator welcomes the first cohort on March 10.
Like what you've read?
Forward to a friend!