Techstars And Northwestern Medicine Collaborate On Accelerator Program

By Amit Chowdhry • Aug 26, 2024

Startup accelerator Techstars and Northwestern Medicine are collaborating to launch a new accelerator program aimed at advancing healthcare innovation. Northwestern Medicine and the Techstars Healthcare Accelerator will invest in the most promising early-stage healthcare startups, creating a pathway for founders to build high-growth companies dedicated to advancing quality care and patient outcomes.

This program represents a commitment in shaping the future of healthcare as it combines Northwestern Medicine’s experiences in healthcare and research with Techstars’ accelerator model which has helped thousands of startups succeed.

The applications for the Northwestern Medicine & Techstars Healthcare Accelerator will open on August 26, 2024. And six startups will be selected for the program, which will begin in March 2025 and take place in-person in Chicago.

Founders who are picked will receive funding, hands-on mentorship, and training along with access to the combined networks of Techstars and Northwestern Medicine. Those interested in applying for the program when applications open can do so here.

KEY QUOTES:

“This collaboration represents our unwavering commitment to supporting the growth and success of aspiring healthcare entrepreneurs. Our goal is to provide companies with a platform to work closely with our clinical and technical experts while fostering an environment that drives positive change in the healthcare industry.”

  • Doug King, chief information officer, Northwestern Medicine

“Techstars’ recent State of Innovation Survey revealed that venture investors and entrepreneurs view healthtech as one of today’s most innovative sectors. As a leading healthcare system, Northwestern Medicine is the perfect collaborator to support founders in navigating the complexities of the healthcare industry to unlock the potential that technology innovation has to create better outcomes for patients.”

Brad Schnitzer, managing director of Northwestern Medicine & Techstars Healthcare Accelerator