Call for Fourth Class of Digital Health Breakthrough Network
Digital health startups have an incredible amount of potential to change our lives. The products they create can dramatically shift the way we engage with our healthcare, our bodies, and our loved ones. But many startups face unforeseen challenges when getting their ideas off the ground. That's why NYCEDC and HITLAB are working together to guide some of these startups towards success. We are actively seeking applicants for our fourth class of startups to join the Digital Health Breakthrough Network. We could also use your help spreading the word. Read on for the full release with more information.
New York City Economic Development Corporation (NYCEDC) and HITLAB are recruiting their fourth class of companies for the Digital Health Breakthrough Network, an initiative to help startups test their products and strengthen collaboration between the City’s healthcare and technology sectors. The Digital Health Breakthrough Network conducts pilot studies that test products’ real-world feasibility, design, and commercial potential.
Launched in 2016, the network already has helped twelve young startups conduct rapid pilot studies and move their products closer to market. Recent successes have included Bonbouton, Quio, and Droice Labs. Selected startups receive research on their products performed in real-world clinical settings, providing companies with the opportunities to gather evidence and understand potential challenges before moving too far along in the development process.
“Startups face a real challenge when it comes to efficiently testing healthcare products and services with real patients,” said NYCEDC President and CEO James Patchett. “The Digital Health Breakthrough Network helps address these barriers and offers a collaborative solution. Through support for study design, pilot test site collaborations, and reporting improvements, we’re offering a unique way for startups to get an edge in the competitive digital health landscape.”
Companies are eligible to apply if they are pre-series A funding, based in New York City, and developing innovative digital health technologies that address serious marketplace needs. Startups are encouraged to apply at www.dhbn.nyc/apply.
“HITLAB is proud to partner with NYCEDC on such an important project,” says Laura Pugliese, Deputy Director of Innovation Research at HITLAB. “We recognize that most early-stage startups looking to improve healthcare don’t have the resources they need to test their products. The Digital Health Breakthrough Network makes it easier for startups to understand how real patients might actually interact with the services they create.”
The application period runs through June 15th, with applications accepted on a rolling basis. There is no cost to apply or participate. The program expects to announce a new class of four startups in July. More information can be found at www.dhbn.nyc/ and you can learn more about our third class here.