HCF has launched round three of its start-up accelerator program, HCF Catalyst, which designed to help entrepreneurs commercialise their health-tech ideas into high impact businesses.
HCF Catalyst, in partnership with Slingshot, is now accepting applications from entrepreneurs, experts and other specialists interested in building a health technology business.
The accelerator is a 12-week program designed to build viable business models capable of attracting investment. It includes hands-on resources such as mentorship, funding, industry relationship building and strategic guidance.
According to HCF CEO, Sheena Jack, “Our vision is to improve health care for all Australians, which is why this year’s HCF Catalyst focus is on improving patient outcomes. Adoption of new technologies and business models that help us better meet our customers' needs is the best way to ensure the wellbeing of our members remains the focus.
“HCF Catalyst alumni prove health technology startups can drive innovation in the healthcare industry and positive impacts for all. This year, we’re looking for the brightest new minds from a range of backgrounds to develop ideas that can improve the wellbeing of Australians everywhere and disrupt the healthcare industry.”
In its first two years, graduates from HCF Catalyst have secured $8 million in funding, from HCF and other investors.
“We are thrilled to launch the third year of Catalyst with HCF,” added Slingshot CEO, Karen Lawson. “As we enter our third year of health tech accelerators with HCF, we’ve enjoyed working with them to create a long term strategy for innovation delivering a world class supply of new technologies and services that will improve the quality, accessibility and effectiveness of health and medical solutions that will ultimately improve the lives of patients across Australia.”
This year’s selected participants will have the opportunity to be mentored by leading tech entrepreneurs, including Nick Molnar, CEO of Afterpay, Tim McDougall, founder of Curo Technologies, and healthcare expert Professor Hung Nguyen, director at the Centre for Healthcare Technologies, UTS.
Applications are open until 24 November and more information is available online.