LaunchLab is a unique two-month pressure cooker that allows aspiring entrepreneurs from all over Europe to discover the business potential of their health-tech ideas. The programme helps participants to explore and validate their ideas, market potential and business model – and to launch in markets all over Europe.
This EIT Health Bootcamp programme targets business professionals, students, PhDs, engineers and scientists who want to test the commercial feasibility of their ideas. Participants work in teams to develop the skills needed to launch their ideas as a startup. The programme will also introduce participants to the European innovation ecosystem, and help them develop a network of peers, experts and mentors. The EIT Health Bootcamp LaunchLab is created by YES!Delft, which has startup expertise, and EIT Health partners, who bring extensive knowledge to the project. It is designed to let promising tech teams validate their technology across four different countries by talking to customers, industry experts and specialists.
The structure of the EIT Health LaunchLab is as follows:
Teams will validate their problem-solution and solution-market fit, specifically for the healthcare market. At the end of the programme, teams should be able to assess whether a technology-based, scalable business model can be built around their tech idea.
The commercial value of LaunchLab is €15 000. EIT Health KIC will ask for no equity in return. Each team receives €5 000 in “pizza money” to cover travel, office, housing and expenses to live in Delft.
The application deadline is 16 July. To apply, fill in the form here.