Deadline: 11th Dec 2023 | 2024 Accelerator Program for HealthTech Hub Africa (HTHA)
A disproportionate amount of the world’s health problems are borne by Sub-Saharan Africa, where a lack of funding and resources for healthcare prevents all residents from having access to high-quality medical care. Innovative technological solutions present a promising way to deal with these problems. Entrepreneurial innovation is booming in the region; interesting examples include drone deliveries of medical supplies and virtual health assistants.
With a physical co-working space in Kigali, Rwanda, HealthTech Hub Africa (HTHA) is a hybrid pan-African health tech accelerator. HTHA was established by the Novartis Foundation and is funded by the Global Fund, the Patrick J. McGovern Foundation, and other important government stakeholders. Its mission is to actively integrate innovations into public health systems. The accelerator’s goal, in collaboration with its managing partners, is to provide business owners with an effective platform for building long-lasting enterprises and significant health impacts.
Subject areas:
- Cardiovascular health – Reducing cardiovascular disease deaths on the population level through improved screening, referral, diagnosis, and management.
- Breast cancer: Improving screening, referral, diagnosis, and treatment will lower the population’s death toll from breast cancer.
- Enhancing quality, equitable access to care, and digital literacy via remote provision of preventive and curative health and care services is known as virtual health and care.
- Enhancing the efficacy of data-driven decision-making by fortifying integrated health information to enhance health system capacities and epidemic readiness.
To whom it may apply:
We are seeking innovative business models that enable partnerships with local and national governments, as well as growth startups and scale-ups from throughout Africa, with the goal of assisting health systems in their digital transformation efforts, for the 2024 cohort.
For each of the two tracks, the key criteria of evaluation for the applicants are based on their ability to demonstrate the innovation potential to successfully address challenges in one or more of the four thematic areas of focus for the hub, their product excellence, team, fit-to-market, sustainability and scalability model in relation to working with the public system.
What you get:
Participation in the 10-Month Accelerator Program, which includes:
For the Growth Startups:
- Startups need to register in an African nation in order to receive African.
- The composition of the co-founding team consists of two or more persons, with at least one African founder.
- The startup’s offering should be in line with at least one of the four subject areas of HealthTech Hub Africa, which are: virtual health and care, breast cancer, cardiovascular health, and optimizing data-driven decision-making.
- Revenue Stage: Pre-revenue or post-revenue startups are both possible.
- Funding Stage: Startups in the pre-SEED to SEED stages are qualified.
- Operational Length: Startups ought to have had a minimum of a year of operation.
For the Scale ups:
Access to all the above benefits offered to growth startups.
Free access to world-class legal services, accounting, marketing, talent acquisition, and accelerated fundraising.
Media training and exposure.
Membership In The HealthTech Public-Private Partners Network, Which Includes:
Free expert-level support from established local and global organizations in the form of advisory, facilitation, match-making with prospective partners, consulting, and more
Perks in the form of free and/or highly discounted infrastructure credits, software licenses and technical and design services
Access to the hub’s investor circle
- Access to various opportunities shared by the network
- Funding Opportunities For Innovation Acceleration In Public Health
- Through the digital platform of the hub, all selected entrepreneurs will be able to apply for grant financing and in-kind benefits exceeding USD 1M.
The investment will serve the companies to test, refine, validate, integrate and, accelerate, and/or scale their solutions inside the public health systems to bring forward health equity in the continent.
Following the projects’ conclusion, the solutions effectively integrated into the respective national health systems will be spotlighted, and will have the option to seek more funding in the future.
Full-Year Access To A State-Of-Art Co-Working Space
- The membership comes with 12 months of serviced office space, meeting and conference spaces, and an invitation to startup community activities sponsored by the Norrsken East Africa House in Kigali.
- Lifetime Access To The Hub’s Alumni Network And Open-Source Resources
- All startups and scale-ups who have completed the program will receive a Participation Certificate and a lifetime Alumni membership to the HealthTech Hub Africa’s resources and future prospects.
Eligibility criteria:
The HTHA Challenge is accessible to all HealthTech startups with the following necessary conditions:
For growing startups:
African Registration: Startups must be registered in an African country.
Team Composition: A co-founding team with at least two members, including one African founder.
Thematic Alignment: The startup’s product or service should link with one or more of HealthTech Hub Africa’s four thematic areas: cardiovascular health, breast cancer, virtual health and care, and Optimisation of data-driven decision making.
Revenue Stage: Startups can be either pre-revenue or post-revenue.
Funding Stage: Startups in the pre-SEED to SEED stages are qualified.
Operational Length: Startups ought to have had a minimum of a year of operation.
For a step up:
African Registration: An African nation is where the startup must register.
Team Composition: A co-founding team with at least two members, including one African founder.
The product or service should be in line with at least one of the four subject areas of HealthTech Hub Africa: data for decision-making, virtual health and care, breast cancer, and cardiovascular health.
Evidence-Based Solution: The startup’s offering should be supported by data and show how it will improve people’s health.
Impact Monitoring: It is crucial to take a strict stance while observing how the solution affects certain people.
Revenue Stage: Post-revenue startups are required.
Pre-Series A or Series A funding stage
Contact info@thehealthtech.org if you need more information or if you have any questions.
For more information visit the 2024 Accelerator Program for HealthTech Hub Africa (HTHA) official website
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