Five benefits of a health tech accelerator program
1 min read
Summary
Health tech accelerators help startups in the health tech space by providing them with mentorship, funding and industry connections.
For early stage health tech startups, participating in a reputable accelerator programme can add credibility to a company’s profile.
Accelerators can also provide startups with clinical data, technological infrastructure and regulatory support, which can be helpful for those looking to navigate a highly-regulated market.
The ultimate goal of these accelerators is to fast-track startups’ product development and help them secure subsequent funding rounds to scale their businesses.
Demand for such support is high, hence applications for these programmes are competitive.