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Startup Competition Guide

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Startup competitions with largest cash prize in healthtech

They include HealthTECH Startup Competition, Alexa Diabetes Challenge and Interface Challenge

Innovation series by Steven Loeb
November 15, 2017
Short URL: http://vator.tv/n/4a84

If you're a startup seeking opportunities to get funded, educated or connected, startup competitions are a great resource.

Vator has been holding its own competitions, using VatorX, to find and filter for the best startups. We've had some very successful and notable winners in the past that have gone on to raise big funding rounds including Thumbtack, DogVacay, Pokitdok, Grovo, Udemy and Apartment List, to name a few.

Anyone can list their program as VatorX is one of the most comprehensive listing guides to startup competitions, challenges, accelerators and programs. Click here to list your program!

As part of our weekly series, we'll look at top competitions with big cash prizes, as well as competitions that have teed up the most promising startups, to finding popular startup competitions you need to know about. 

Here are some of the startup competitions that have the largest cash prize in healthtech:

Description: "In response to highly successful events in over the past three years, Insight Product Development and MATTER are co-hosting the fourth annual HealthTECH Summit on October 27th, 2016. This year our team of judges will select ten leading early stage medical device and digital health startup finalists from the Midwest to compete for $35,000 in cash and prizes."

Prize: A $20,500 first prize, a $10,500 second, and the third place winner earns $4,000. Six months free membership at MATTER.

Previous winners:  IntuiTap Medical, Portela Soni Medical, PSYONIC



Description: "OneStart is the world’s largest life sciences and healthcare startup accelerator program - welcoming ideas focused on the improvement of human health including; therapeutics, diagnostics, software, devices, research tools, and more.

Our focus is it to cultivate early-stage entrepreneurship among young and disruptive healthcare innovators and to that end we limit the participation of applicants to 35 years old or younger."

Prize: The Grand Prize for OneStart Americas is $150,000, and £100,000 for OneStart Europe. Both prizes are non-dilutive and come with free lab space and extensive follow-on mentoring.

Previous winners: Captain T Cell, InBrace, Keregen, Ligadon

 

Description: "At GIANT, we believe tomorrow’s solutions to our health problems lie with today’s ideas. This is why we are launching the Beanstalks – a competition for entrepreneurs and companies with innovative and novel ideas related to healthcare."

Prize: Cash prizes, up to £15,000 worth of legal support and up to £25,000 of clinical advisory support

Previous winners: CortiCare, IDEABATIC, MedEXO Robotics

 

Description: "Unitus Seed Fund, India’s leading impact venture fund investing in early-stage startups innovating for the masses, today announced the launch of the fourth edition of its StartHealth competition – a nationwide challenge to find, mentor and fund startups that are driving accessible and affordable tech-driven healthcare solutions for India’s low-income population."

Prize: A cash prize of INR 6 lakhs and potential access of up to 4 crore of additional funding and investmen

Previous winners: UE LifeSciences, Module Innovations, OmiX Labs

 

Description: "Amazon voice-enabled solutions have the potential to be a new partner for this journey. As voice technology transforms the way we live, could it shift from helping manage playlists to helping manage disease?

The Alexa Diabetes Challenge invites you to be among the first to explore how voice-enabled solutions and the ecosystem of supporting cloud technologies provided by Amazon Web Services can improve the experience of those newly diagnosed with type 2 diabetes."

Prize: Total cash prize pool of $250,000. Up to five finalists receive $25,000, and one grand prize winner receives $125,000.

Previous winners: Sugarpod by Wellpepper

 

 

 IAGG 2017

Description: "The IAGG 2017 World Congress offered an unprecedented one-day Technology and Aging Track that brought together leading companies, gerontologists, and entrepreneurs engaged in developing technology solutions for older adults. Technology has the potential to improve the lives of a growing proportion of today’s aging population by helping them maintain independence and increase control of their environments."

Prize: A $4,500 (€3,900) prize

Previous winners: Kinesis Health Technologies

 

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Description: "Just completing its third year, Impact Pediatric Health hosts a one-of-a-kind pitch competition held annually at SXSW dedicated to showcasing and supporting the best pediatric healthcare innovations. Eight of the largest and top-ranked (according to US News and World Report) children’s hospitals in the U.S. came together to create Impact Pediatric Health. These leading hospitals collaborate to help next generation pediatric healthcare companies, especially those focused on digital health and medical devices, accelerate their businesses."

Prize: $30,000

Previous winners: Keriton, Luminopia

 

 Interface Challenge

Description: "Our competition is driven by real market needs and real market insights. It is fueled by a dynamic network of innovators, digital health accelerators and committed strategic partners from North America, South America, Europe, Asia, Australia and Africa.

Prize

1ST PRIZE: $40,000 ($15,000 cash + services + media)

2nd PRIZE: $20,000 ($10,000 cash + services + media)

3rd PRIZE: $10,000 ($5,000 cash + services + media)

SEVEN PRIZES of $5,000 each ($2,500 cash + services + media)

Previous winners: Sproxil, Cloud DR, Admetsys

(Image source: homehealthcarenews.com)

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