The 2024 Call for Applications Is Open!
VITA Accelerator has announced that its third call for applications is now open for digital health startups.
The accelerator is looking for pre-seed or seed digital health Italian-based startups, international startups with an Italian founder, or international startups with a strong strategic focus and intention to operate in the Italian market and open a legal entity in Italy.
Applications will be evaluated on a rolling basis, with a deadline of (17.05.2024). Interested start-ups are asked to send in a complete application and review our Partners’ Innovation Challenges to identify potential collaboration opportunities during the program.
The accelerator will select up to 10 startups, each of which will be offered a 150k€ initial investment, with 90K€ in cash as a convertible loan, in exchange for 3-6% of equity according to the maturity of the startup.
In addition, a follow-on investment of up to 400K€, and up to 2M€ cumulative follow-on investments will be offered for the most promising cases.
VITA Accelerator offers startups a unique opportunity to collaborate with our Corporate Partners Petrone Group and SIFI Group, solving their Innovation Challenges. During the Program, selected startups that have a match with any of the Innovation Challenges will work on the proof-of-concepts (POCs) together with the partners with the possibility to continue these collaborations after the completion of the acceleration program.
The program will be delivered over 4 months, in a hybrid format, combining on-site activities with online sessions. The curriculum will be tailored to each team and be composed of lectures and workshops, with priority given to 1-to-1 expert mentoring sessions. Each startup will also be assigned to an end-to-end Mentor to help navigate the program, set goals and track progress.
Accelerator Founding partners, CDP Venture Capital SGR, Healthware Group and Accelerace, bring a combined expertise in shaping, operating, and advising the accelerator program, as well as digital health knowledge and extensive ecosystem connections.
The program will be centered around several guiding themes, including Digital Health & Pharma, Product Development & Service Design, Business Development & Partner Cooperation, and Fundraising, Soft Skills & Events. The startups will also have access to the Italian patient associations and hospitals that are among the VITA Ecosystem Partners, as well as VITA networking events with key Italian and international digital health investors. The startups will also receive access to the Frontiers Health Global Conference 2024, taking place in Berlin on 17-18 October 2024, gathering a global community of top digital health innovators.
The VITA Accelerator team is welcoming applications for digital health startups until 17.05.2024 and encourages teams to apply as soon as they can as the submissions are being reviewed on a rolling basis.
Program details and application process can be found here. Please keep in mind that application must be submitted in English. For more information, contact us at info@vitaaccelerator.it.