Morgenthaler Ventures Launches Nationwide Competition to Find Startup Ideas in Health IT

Morgenthaler Ventures, a venture capital firm, launched “DC to VC: HIT Startup Showcase” a nationwide competition called designed to find the best startup ideas in health IT.

The contest is open to any entrepreneur seeking seed or Series A funding for startups developing innovative technology to improve the quality and delivery of healthcare.

Applicants are invited to submit an online application by August 9, 2011, and ten finalists will be
announced by August 15, 2011. Each finalist will be paired with a mentor, including top venture capitalists and HIT startup founders, to help them prepare for their on-stage presentations on September 22, 2011.

Categories are:
Very early-stage companies – under 2 years old and have received less than $500K in funding;
Series A-ready companies – under 3 years old and have received less than $1.5M in funding.

Finalists will present to a panel of judges in two groups (five in the very early-stage group and five in the Series-A ready group)..

The HIT Startup Showcase, which will be held at at Microsoft’s auditorium in Mountain View, include presentations by Washington, DC policymakers, venture capitalists and angel investors.

This second annual event is being organized by Morgenthaler Ventures, with co-organizers including Health 2.0, Practice Fusion and Silicon Valley Bank; and sponsors, Gunderson Dettmer and Microsoft.
Partners include Rock Health, Blueprint Healthcare IT, Band of Angels, Medstars, SD Forum, Health 2.0 Accelerator, Stanford BASES, Stanford School of Medicine, Berkeley Entrepreneurs Association, Harvard University, Princeton University, Olin University and Carnegie Mellon.
Judges include Jeff Tangney, founder of Epocrates and Doximity; Ryan Howard, founder of Practice Fusion; Brian Ascher, partner at Venrock; Alex de Winter, partner at MDV; and Rebecca Lynn, partner at Morgenthaler Ventures.



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