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 invited software and hardware developers and other innovators living or working in New York City to create commercially viable technologies that would solve urgent health care problems. Individuals, teams, and companies with 10 or fewer employees could compete, and were required to demonstrate a functioning prototype of a pre-commercial technology in their submission. Technologies may have included, but were 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 was sponsored by Janssen Healthcare Innovation. The goals of the program were to:
After the submission period, a panel of judges reviewed all eligible submissions and selected nine finalists; the public then voted for one additional finalist to determine their favorite. All 10 finalists were invited to present their health tech innovations at Demo Day with leaders from the technology, healthcare, and venture capital community. Finalists were 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 were selected to win cash prizes totaling $50,000.