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InnoStars, Accelerator, 2018

Health VentureLab Programme Launch Day

15th August 2019

Health VentureLab (HVL), powered by GE Healthcare, has launched with 20 international participating teams. The 16 week-long Accelerator programme is designed for early stage companies from the RIS region with an entrepreneurial mindset who want to explore their personal and team business competencies in order to develop their ambitious health-related business ideas.

Over 50 truly dedicated and committed participants from 13 different countries – from Lithuania through Denmark to Romania, even from Berlin (the capital of the start-up world) – arrived for the Health VentureLab Launch Day on 31 August 2018 in Budapest. They formed 20 enthusiastic teams and created a vibrant international atmosphere. There are 11 teams from the RIS region, five teams from EIT countries and four teams from Budapest, Hungary who are working on their business ideas to create and manage innovative, growth-oriented ventures.

The start-ups are working on solutions for a safer, more precise patient care and illness prevention, mostly using cutting-edge technologies, AI and mobile technology in the field of dental radiology analysis, radiotherapy, next generation of heart arrhythmia, augmented reality to ultrasound imaging, chest-ray. There are also teams working on developing medical wearable products or smart inhalers.

GE Healthcare has teamed up with its university partners and its partners within the international health network of EIT Health to evolve a unique programme by combining professional expertise, resources and tailored coaching to help start-ups grow.

“Within our fast-changing world, innovation is crucial in healthcare and good entrepreneurs can change the world. I strongly believe, that throughout the cooperation of academic, corporate, and industrial sector we can provide innovators with future-oriented entrepreneurial mindsets and with cutting-edge professional knowledge to start a future-safe business” expressed dr. Endre Ascsillan, Vice President of GE Hungary in his opening remarks.

Stay tuned to learn more about how HVL participants will develop their concepts along the training programme and expand their entrepreneurial skillsets.

The Health VentureLab Demo Day is scheduled on 15 December 2018.

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