FREQUENTLY ASKED QUESTIONS
Frequently Asked Questions
Do you have questions about HealthInc, the program or registration? Check our FAQ or contact us.
1. When can I apply to a HealthInc Program?
Every HealthInc program has its own application timeframe. In general, the programs accept applications for approximately 3 months. The quickest way to determine when we host a program is the healthcare accelerator page.
2. How do I apply to a HealthInc program?
Our program has an application form on the F6S system. If you want to apply, simply click on the “Apply Now” button on our homepage
3. What happens after I submit an application?
Once you’ve submitted your application, the HealthInc team will review it. If an initial fit exists between your startup and the program, we will be in touch to arrange an introduction call to get to know each other better.
After the call, if our interests align you will be invited to join our 2-day Selection Days at the programs city. During the Selection Days, you’ll receive presentation coaching, mentor preparation, business model canvas training, and meet mentors, investors, and partners.
4. When will I know about being invited to Selection Days?
We aim to let you know at least 1 week prior to the Selection Day if you have been invited to join. In most cases, we will already have been in touch within 2 weeks of applications closing for an initial video call if we believe there may be a match between your startup and the program.
1. I’ve been invited to attend a FastTrack event, what does that mean?
Well, it means you’ve either applied to the HealthInc program and impressed us, or have been recommended to us by someone in our network. FastTracks are 1-day events where provide short workshops and provide feedback.
2. How does joining a FastTrack help me?
By joining a FastTrack, you’ll have direct access for face-to-face meeting. A key member of our team will hosts each FastTrack who can also provide you with information about the program and our global ecosystem.
3. How can I join a FastTrack event?
If you’re interested in joining a FastTrack, visit our fasttrack page where you’ll find a short form to complete that puts you in the running to attend. When you’re in Europe, we’ll be visiting your city or a city near you soon! Testing Testing Testing Testing
1. Can I apply as a single founder?
First and foremost we love working with founders who are passionate about solving a big problem and have taken the first steps to building something that customers find valuable.
While we have found that teams with multiple co-founders are able to dramatically improve their acceleration over the short 3-month program, we do occasionally invest in single founders. Typically a single founder has a product with customer traction and is actively seeking a co-founder, which we help them bring on board.
2. What stage of a startup are you looking for?
We accelerate a variety of startups at different stages. Typically the earliest stage a startup enters our program is A) having a core team with diverse skill sets in place, and B) has a product built that initial customers are using.
1. Can I take part of the program without moving to the program city?
All startups that join our programs must have the majority of their team including the CEO located in the program city for the full 3 months. We’ve found the only way to fully leverage our program’s extensive network is to immerse your team in the program and engage in-person with the full ecosystem of mentors, partners, investors, and other program startups.
2. Do I need to stay in that city after the program is finished?
While we heavily encourage startups to spend at least 3 months in the program city after the program to fully leverage the connections made, this decision is entirely up to you. Many teams decide to stay and run their business from the program city, while others move back to their original location or even a new city.
3. Will you help with Visas?
We do provide visa to each team entering the program. Each country’s visa requirement is, of course, unique, but we have close connections to the local and federal government to ensure securing residency is as smooth as possible.
4. Is accommodation provided part of the program?
We typically don’t directly provide accommodation as part of the program.
1. How long is the program?
Our programs last 3 months, typically between 10-14 weeks.
2. I have other commitments, so can I join the program for less than 3 months?
When you are selected to join your full team is expected to make a 100% commitment to being on-site for the full 3-month program duration.
3. What’s the program deal?
First off during the 3-month program you’ll meet the most targeted mentors, investors, and partners in your industry. In addition, each startup receives €15K in cash, €450K+ in partner services, 6 months of free collaborative office space. For the above program benefits, we ask for between 6-8% equity.
4. What happens during the program?
We focus on accelerating each part of your business over an intense 3-month timeframe. Startups gain an immense amount of condensed experience through hands-on mentoring, connections to extremely targeted industry insiders, and exposure to investors and the press contacts.
Programs conclude with Demo Day, a celebration where you’ll have a chance to showcase your business to an audience of over 200 investors, partners, mentors, media, and the local ecosystem.
5. What happens after the program?
Once graduated, you’ll become part of the Alumni Growth program, which provides you with a continued access to a global ecosystem of founders and mentors.