Yale launches Accelerator program in India to promote innovative healthcare solutions

Published On 2019-07-11 03:30 GMT   |   Update On 2019-07-11 03:30 GMT
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The collaborative healthcare accelerator program was launched by The CoWrks Foundry and Yale Institute for Global Health Launch (YIGH), supported by non-profit RMZ Foundation. As part of this program, each startup will receive up to USD 70,000 in seed funding, mentorship from Yale's faculty and alumni, as well as benefits from a network of Indian industry experts.

New Delhi: Sustainable Health Initiative (SHI) was launched recently with an aim to power innovation in the healthcare sector for long-term social, health, and environmental impact in emerging economies.

The collaborative healthcare accelerator program was launched by The CoWrks Foundry and Yale Institute for Global Health Launch (YIGH), supported by non-profit RMZ Foundation.

The SHI is a 24-week long interdisciplinary business accelerator program for young and early-stage startups building innovative solutions in healthcare.

Read Also:Healthcare professionals are unevenly distributed between Rural, Urban India: Study


As part of this program, each startup will receive up to USD 70,000 in seed funding, mentorship from Yale's faculty and alumni, as well as benefits from a network of Indian industry experts.

In addition, the program includes structured sessions to help the selected startups evolve into a sustainable and scalable business model, refine their go-to-market strategy and build a global network.

"Around the world, we face growing health and economic disparities. The public sector cannot fully address the scope and scale of these challenges without private sector ingenuity and creativity," Sten Vermund, Dean, Yale School of Public Health, said.

"We are enthusiastic about the launch today of the Sustainable Health Initiative to further find innovative solutions that will have a significant impact on the health of communities in India, the U.S., and around the world," he added.

The objective of the event was to inspire, align, and connect founders, investors and coaches to create a community, with a shared focus on ushering innovative and scalable solutions to the Indian healthcare sector.
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