MedTech Accelerator®
The MedTech Accelerator® supports HealthTech enthusiasts to accelerate the potential for innovation their solution offers in Brussels and beyond.
What is it about?
The MedTech Accelerator® supports HealthTech enthusiasts to accelerate the potential for innovation their solution offers in Brussels and beyond.
Our team, coaches and experts will spend six months guiding you through the intricacies of the health technology sector.
When you finish the Accelerator, your projects should be prepared to:
- present a credible business plan and technical, clinical and regulatory roadmap to meet the expectations of public and private stakeholders;
- pitch to investors with a the aim of raising funds in the near future (seedfunding);
- activate Brussels' pre-activity aid and set up a business;
- join the lifetech cluster as an aspiring member, then as a full member;
- prepare an application for other acceleration or funding programmes.
What are the requirements for this programme?
- A solution that is between a CRL2- TRL2 and a CRL4-TRL4.
- A start-up or a project that is established/aims to be established soon in Brussels.
- A start-up that is about to be created or has been in existence for less than five years.
Benefits of this programme
The MedTech Accelerator® helps project leaders to face:
- the entrepreneurial difficulties involved in developing a medical device that is socially desirable, technically feasible and economically viable;
- the sector's strict and constantly evolving regulatory requirements. The Accelerator surveys and consolidates the following areas:
- An understanding of the nature and scope of the problem to be solved;
- Customer segmentation and expected benefits;
- The value proposition;
- Market study (size, competition, pricing);
- Business model, financial plan and market entry strategy;
- Development of a prototype;
- The regulatory framework for health products.
Practically, the Accelerator offers the following to the recruited start-ups:
- 20 collective workshops (theory & practice)
- 20 hours of tailor-made business coaching and 20 hours of technical coaching
- 2 sessions with a panel of external experts
- 1 crash course in pitching
- 4 half-day meetings with the ecosystem
- 1 closing ceremony in front of a selected audience (100 participants)
- 6 months of communication on social networks
- Personalised support from the lifetech cluster's team of advisors.
How to apply?
The MedTech Accelerator® is organised annually between March and October. Registrations are open between December and February.
This program is supported by the following partners
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