The future of healthcare depends on innovative technological solutions and new business models of care. From universal access to robotics, AI assisted patient care and remote monitoring, how we prevent, treat and manage healthcare will depend on our ability to incorporate AI/VR, NLP, wearables and devices. This Innovation Challenge is meant to engage innovators, entrepreneurs, students, non-profits, and philanthropists to look at health technology from this new perspective.
The CharmHealth Innovation Challenge was a tremendous opportunity to present the Atapir AVD-M monitoring system to a panel of experts in clinical informatics and medical devices. CharmHealth Innovation Challenge allowed us to present and get feedback from venture capitalists who had knowledge and experience in both medical device development and clinical informatics. It was a great opportunity to gain exposure and feedback from experts in our domain for our new platform for monitoring.
The CharmHealth Innovation Challenge proved to be an excellent event. It was my first chance to connect with the organizers as well as attendees actively involved in life science. The other presenters provided great insight into areas where I was not as familiar as I would have liked.
Identify a focus area from those listed below and submit a written proposal of your solution. The proposal should define an unmet need that you aim to solve and the technical viability of your solution in the digital health domain.
Startups looking to showcase their novel solutions for investment, mentorship, and awards.
$10,000 for 1st place finalist
$5,000 for 2nd place finalist
$2,500 for 3rd place finalist
Accelerated go-to market opportunity
Access to capital
Mentoring by industry experts as part of accelerator support
Resources: CharmHealth + Bioverge Digital Tranformation Fund
Health IT consultants or developers who would like to be part of CharmHealth ecosystem or provide prototype solutions for a large market opportunity may submit various solutions or mobile applications that use CharmHealth API.
Cash Prize: $2,500 for Top 1 Finalist
Fast track to CharmHealth Marketplace
Access to additional revenue opportunities
Mentoring by Industry experts
Resources: CharmHealth + Bioverge Digital Transformation Fund
Students are encouraged to present health technology solutions including AI/ML/NLP, wearable devices and other emerging technologies. It is not mandatory to use CharmHealth API for student applicants.
Cash Prize: $1,500 for Top 1 Finalist
Fast track to CharmHealth marketplace
Paid internship opportunity
Mentoring by Industry experts
*To claim the cash prize students should be able to produce a W9
Nonprofits are encouraged to build or showcase solutions using CharmHealth or CharmHealth API (telehealth, rural health access, community hospitals etc) and present a video. Research groups that can utilize CharmHealth’s API to study/publish new discoveries/analytics, data visualizations, algorithms, and other research tools, based on de-identified data.
Cash Prize: $2,500 for 1 Finalist
Access to additional research grants
Resources for scaling up and deployment
Network with other Charities in our ecosystem
Resources: CharmHealth, The Brain Foundation
With the CharmHealth + Bioverge Digital Transformation Fund, Bioverge’s expertise in sourcing and investing in the next-generation healthcare startups is paired with CharmHealth’s extensive and growing network, technical support and marketplace of digital tools.
A wide gap exists in the digital healthcare investment space, whereby the validation of innovative ideas is often too far removed from the input of actual end users. This Digital Transformation Fund is pioneering a new way to bridge this gap. In the context of healthcare, this can mean a shortened time for a cure to a life-threatening disease or novel treatment for a chronic condition.
Join us as a Corporate partner for firsthand engagement and interaction with leading innovators in Digital Health. You have the option of supporting the Challenge as a Judge or as a Mentor to one or more startups (no financial commitment or obligation for this option). Or join us as a sponsor and get access to co-creation and OEM opportunities including strategic investment options in participating startups.