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News

Early-Stage Healthcare Startups from Europe

6.08.2018
Company: General Electric International, Inc., organizační složka

Join our new Accelerator Program - Health VentureLab

Health VentureLab, powered by GE Healthcare is designed for entrepreneurs around CEE interested in healthcare, healthy ageing and medical business to find out if their start-up ideas are viable. GE Healthcare with it’s university partners and partners within EIT Health is proud to help early-stage teams make their visions a reality and get ready for the next round of funding. The program will be held in  Budapest, at the heart of a rapidly growing startup ecosystem in Central Europe, but extending across Europe through our EIT Health partnership.

Check out Health VentureLab Budapest now and Apply till the 8th of August!

The new accelerator program offers 16-week-long acceleration program for candidates with an entrepreneurial mindset who want to develop their personal and team business competencies and explore and develop their ambitious health-related business ideas.

 This year’s first event, the Venture Weekend was a great introduction to the core program.

“All in all we had a incredibly intensive, special and very successful weekend, that was the beginning of a longer, 4 month journey. The Venture Weekend proved that our ideas through tailoring could find great business applications and our team left with a well-grounded knowledge in how to start a company.”  - summarized the Tamási Áron High School, one of our  High School partners.

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The winning team, MRIDA, who are planning to eradicate unhealthy diets. 

Please read the interview with Ferik Attila, GE Healthcare Digital - Engineering Director by EIT Health, where he shares his thoughts about the Venture Weekend:

Q: What goals and requirements did GE have for Venture Weekend and did the program fulfil your expectations?

A: The Venture weekend, organised by GE, was basically designed for entrepreneurs around CEE interested in healthcare, healthy ageing and medical business to find out if their start-up ideas are viable. GE Healthcare is committed to support the development of the start-up ecosystem surrounding the healthcare business by sharing its technology and innovation expertise. Our primary goal as core partner of EIT Health is to provide participants an opportunity to grow and to be ready to join the four-month incubation programme through building essential competencies and skills, applied learning, valuable feedback of the professional coaches and peers. 

I do believe that the atmosphere of a competition helps the talented technology entrepreneurs to prepare for later meetings with investors, customers, collaborators and any other stakeholders so that they may successfully reach their goals. The event was a balanced combination of group work and coaching. I’m proud, that participants favourably compared the Venture weekend to start-up weekend experiences, highlighting that they received excellent instruction and clear guidelines to the next steps for future development. 

Nearly 40 participants joined the Venture Weekend, mainly doctors, programmers, residents, psychologist and also foreign students studying in Hungary (MA, Ph.D.). Our specialty in this programme were the 15 talented high school students, forming three teams, who had the opportunity to participate in the incubation programme once a month preparing for the venture weekend. I trust it is important to promote entrepreneurial mindsets during the school years and Venture weekend is an excellent opportunity to get them acquainted with the start-up world. 

Q: What do you think about the teams participating in the programme?

A: There are two things I would like to highlight. One is the openness, eager attitude, ability to learn, adapt and apply. This helped them through the initial forming stages and they became a single entity during the presentations and by end of the programme.

Second, is the enthusiasm they showed during the presentations and Q&A sessions. It was evident that this positive thinking helped them to find the right challenge that they all, as a team, can work for and contribute all that is needed.

I really believe that the teams that were formed at the beginning of the programme will stay together at least as friends but hopefully they will carry on with their business ideas and turn them into reality.

Q: What do you think about the training during the Venture weekend?

A: I liked that they got a toolset that is universal. For the start, this is exactly what they need. These tools work in most of the cases and provide a good leading line in their journey that gets them in front of an investor or any stakeholder. Then, later on, as the team matures, they will adjust these to their own style in order to be unique.It is great that the teams could learn from experienced coaches and practice during these three days.

Health VentureLab is providing the perfect environment for those who aim to reshape and develop the future of healthcare! Are you working on a health-related startup?

Check out Health VentureLab Budapest now and Apply till the 8th of August!

If you are not located in Budapest, Health VentureLab requires you to join for 25% on a fixed time, but it’s recommended that you join at least 50% of the whole program in person. Joining the program doesn’t require you paying fees and Health VentureLab even supports partially the travel costs for international teams.

Tags: Business Development | Health |

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