Programs for Entrepreneurs

Innovate Health Tech NYC

NYC is challenging local health tech innovators to develop commercially viable technologies to solve urgent health care problems. $50,000 in prizes!

Innovate health tech NYC

Background

Innovate Health Tech NYC invites software and hardware developers and other innovators living or working in New York City to create commercially viable technologies that solve urgent health care problems. Individuals, teams, and companies with 10 or fewer employees can compete, and will be required to demonstrate a functioning prototype of a pre-commercial technology in their submission. Technologies may include, but are not limited to, healthcare analytics tools, clinical workflow management tools, mobile health applications, and wireless health monitoring devices.

Innovate Health Tech NYC was developed by NYCEDC in partnership with Health 2.0, StartUp Health, and ChallengePost, and is sponsored by Janssen Healthcare Innovation. The goals of the program are to:

  1. Recognize the best emerging healthcare technologies by NYC innovators
  2. Spur the creation of NYC-based healthcare technology companies and jobs
  3. Address urgent needs in healthcare

After the submission period, a panel of judges will review all eligible submissions and select nine finalists; the public will vote for one additional finalist to determine their favorite. All 10 finalists will be invited to present their health tech innovations at a Demo Day with leaders from the technology, healthcare, and venture capital community. Finalists will be provided with a three-part coaching session to prepare for their Demo Day presentation. Based on submission materials and the live Demo Day presentation, three winners will be selected to win cash prizes totaling $50,000.

Prizes

  1. $25,000 – Grand Prize, Best Innovation
  2. $15,000 – Second Prize, Best Innovation
  3. $10,000 – Third Prize, Best Innovation
  4. Judges’ Choice Finalists (9) – Non-cash prize (invitation to participate in the Demo Day and a three-part coaching session to help prepare a Demo Day presentation)
  5. Popular Choice Finalist – Non-cash prize (invitation to participate in the Demo Day and three-part coaching session to help prepare a Demo Day presentation)

Important Dates

Informational Webinar

February 19, 2013, 12-1pm

Submission DeadlineMay 2, 2013 
Public VotingMay 22 – June 13, 2013
JudgingMay 22 – June 13, 2013
Finalists SelectionJune 18, 2013
Demo Day (for finalists only) July 20, 2013 

Learn more and Apply

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