Startupbootcamp Digital Health Berlin, a business accelerator for early stage startups, announces a new partnership with Philips today. As a part of this partnership, for the coming three years, Philips will support the program in accelerating 30 high-potential startup in Digital Health.
Startupbootcamp Digital Health Berlin accelerates startups in Digital Health by building an ecosystem of growth, connecting up to ten selected startup teams with 200+ industry mentors, access to corporate partners, VCs, €15.000 cash and six months free office space, giving startups a collaborative and fostering environment to achieve one year of growth in three months. Philips drives innovation in healthcare by providing both high-end clinical solutions for healthcare professionals and personal consumer health products. Startups benefit from associating with Philips as a leading partner in diverse health markets. One of such benefits is gaining access to Philips' software platforms to build upon.
Philips also welcomes the speed and innovation that the European Startupbootcamp Digital Health accelerator provides with its mix of startups, mentors, corporate partners. "As a leader in the HealthTech segment we are supporting promising, innovative startups with our knowledge and investments to boost digital health innovation in Germany," says Bernd Laudahn, Managing Director Philips GmbH Market DACH.
The Berlin accelerator team welcomes startups in healthcare and health-related technologies with focus on behavior change, diagnostics and genomics, big data and analytics, monitoring, fertility & women's health. Philips has proven expertise in these fields and other upcoming streams in Digital Health, and therefore is a very valuable addition to the program. Juliane Zielonka, Managing Director of Startupbootcamp Digital Health Berlin, sees great opportunities opening up with this partnership. "Digital Health is about implementing smart health technologies for best possible health outcomes and possibly cutting costs. We are proud to have a strong European partner like Philips on board. The company has an impressive proven track record in health related medtech products and services. Philips adds deep insights in consumer health & lifestyle products as well as unique knowledge on how to bring a product to market globally. Startups benefit from these unique industry insights during our accelerator program by being faster in their development cycles through this competitive advantage."
As a part of its global initiatives, the Digital Health Berlin program cooperates with the US based German Accelerator Life Sciences (GALS), which is now an official partner for their Cambridge/Boston FastTrack event on July 22 2016. FastTracks are 1:1 Mentoring Sessions for Digital Health Startups. GALS is a growth acceleration program for German life sciences companies and an initiative by the German Federal Ministry for Economic Affairs and Energy. It will help the Digital Health Berlin to connect with startups in Boston, and lends a wider scope to program's reach and opens up new opportunities for the 2016 class of the accelerator.
The accelerator program is also supported by Arvato CRM Healthcare Solutions, Sanofi in Germany, Deutsche Apotheker- und Ärztebank (apoBank) & Munich Health, making it a valuable partner for early-stage startups to accelerate with.
About Philips
Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care. Headquartered in the Netherlands, Philips' health technology portfolio generated 2015 sales of EUR 16.8 billion and employs approximately 69,000 employees with sales and services in more than 100 countries.
About German Accelerator Life Sciences
GALS is a growth acceleration program for German life sciences companies and an initiative by the German Federal Ministry for Economic Affairs and Energy. The German Accelerator Tech (GA Tech) has helped more than 75 German startups to define winning business strategies and scale internationally. They support German technology startups from a broad range of segments.
About Startupbootcamp
Founded in 2010, Startupbootcamp is a global network of industry-focused startup accelerators, running 14 programs in Amsterdam, Barcelona, Berlin, Rome, Istanbul, London, Miami, New York, Singapore, with a mentor and alumni network in over 30 countries. More than 300 startups have been accelerated by Startupbootcamp, of which 72% have received funding. Startupbootcamp Digital Health Berlin is a dedicated accelerator for digital health startups based in Berlin, and is currently open for applications for its 2016 program till 31 August 2016.