Sandbox Industries Launches Healthcare Accelerator Healthbox

Sandbox Industries, a venture capital firm and incubator for startup companies, launched  Healthbox, a Chicago-based business accelerator that will focus exclusively on the healthcare industry.

Healthbox, which is supported by a number of significant players in the healthcare industry, including providers, payers, and other strategically relevant organizations, follows the successful experience of Excelerate Labs, a tech accelerator that Sandbox co-founded last year.

It is designed to identify emerging healthcare technology and technology-enabled services start ups.

Through a competitive application process, ten entrepreneurial teams from around the country will be selected to participate in a three month program.  Healthbox will provide each of the ten companies with development resources, including access to industry leaders, investors, and established entrepreneurs, workshops conducted by experts, a collaborative workspace, and $50,000 in seed capital.

The program, directed by Dan Phillips, will finish with an Investor Day that will alloe entrepreneurs to pitch to angel and venture investors.

FinSMEs

25/05/2011

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