gener8tor is accepting applications for the Prosper HealthTech Accelerator to identify and support the most audacious and disciplined healthcare founders, providing them with the resources and network to reimagine the healthcare industry.
Donor Name: gener8tor
State: Alabama
City: Birmingham
Type of Grant: Program
Deadline: 02/16/2025
Size of the Grant: $10,000 to $100,000
Details:
The Prosper HealthTech Accelerator invests in five high-growth startups per cohort. This program is open to any startup creating cutting-edge, health technology and the program aims to make Birmingham the center of health technology solutions.
They envision a healthcare system transformed by the innovative solutions of their portfolio companies, making Birmingham, Alabama, the epicenter of healthcare innovation in the Southeast. Their program is ideal for early-stage companies that tackle major healthcare challenges. Their process ensures they partner with those capable of delivering significant impact.
Funding Information
Up to $90k into your high growth, digital health startup.
Program Benefits
Selected team will receive a variety of benefits provided by their program partners:
- Office space within Prosper’s headquarters.
- Twelve weeks of individualized coaching and mentorship from the gener8tor team during bi-weekly, one-on-one meetings.
- One-on-one meetings with 100+ connections including serial entrepreneurs, industry experts and investors.
- Weekly cohort programming featuring topics including understanding market size, choosing a revenue model, and how to pitch investors.
- Exclusive Premiere Night reception during which participating companies have the opportunity to pitch to an audience of entrepreneurs, mentors, investors and community members.
- Opportunity to build relationships within the cohort of five companies, and the community of gener8tor alumni.
- $1M + in deals and perks from vendors like IBM Cloud, Rackspace, Amazon, PayPal, Zendesk, Hubspot and Microsoft.
- $60K in exchange for 6% common stock equity.
What They Look For
The companies who get the most value from their accelerator demonstrate two or more of the following attributes:
- Innovative Technology – Unique tech or IP that stands out.
- High Utilization – Products that customers love and use repeatedly.
- Impactful Solutions – Services that cut costs or save lives.
- Market Potential – Strong branding potential and scalability.
- Clinical Validation – Proven effectiveness in clinical settings.
- Industry Experience – Founding team with healthcare industry expertise.
Eligibility Criteria
This program is open to any startup creating cutting-edge, health technology and the program aims to make Birmingham the center of health technology solutions.
For more information, visit gener8tor.
