StartUp Health, a healthcare incubator based in San Francisco, California, announced a new partnership with General Electric. The three-year partnership is part of GE’s initiative to accelerate growth of healthcare companies. With the new program, StartUp Health and GE will provide virtual commercial laboratories and other tools for health company startups. In addition, both companies will work with entrepreneurs to develop new partnerships and pilot programs for innovative business models.
Entrepreneurs with qualified healthcare companies will be able to apply online at http://startuphealth.net/GE between January 8th and February 8th of this year. Candidates that have previously applied can update their original entry forms online.
Companies will be selected based on their potential as a stand-alone business, monetization strategy, business model feasibility, value of technology and consumer benefit.
Unity Stoakes is the president and co-founder of StartUp Health. In prepared remarks, he said, “We’re thrilled to partner with GE healthymagination to help emerging consumer health companies innovate and grow. Virtually every aspect of healthcare is being re-imagined and there’s no better way to speed up the cycles of innovation than to provide entrepreneurs with ongoing support, expertise and resources to grow their business.”