The Canadians may have beat them to it, but DreamIt Ventures is launching a digital health accelerator in Philadelphia and is seeking applications not just from the region, but from all over the country.
DreamIt Health is a collaboration of DreamIt, Venturef0rth, a workspace for early stage companies, Independence Blue Cross and University of Pennsylvania. It’s a four-month program for 10 companies — one month longer than DreamIt’s other accelerators.
Up to $50,000 will be allocated to each company depending on the number of individuals from the company participating in the accelerator. In exchange, DreamIt Health takes an 8 percent equity stake. Other programs provide up to $25,000 in exchange for a 6 percent equity stake. The deadline for application submissions is Feb. 8 and the program is expected to start in April.
To read the full, original article click on this link: DreamIt collaboration produces health IT accelerator for Philadelphia | MedCity News
