IFC has launched TechEmerge Challenge to support health tech startups in East Africa and around the world. The accelerator will match global e-health innovators from around the world with startups in East Africa to pilot healthcare projects.
TechEmerge Health Challenge programme was launched at CES 2020 as part of the World Bank – CES Global Tech Challenge. It is open to innovators looking for opportunities to pilot innovative solutions alongside healthcare providers in East Africa. The TechEmerge team of global advisors will help startups develop pilot implementation and market-entry strategies.
IFC serves as the link between the local and global startups. It will provide grant funding and support e-health startups during the market-entry and tech transfer process. This will mitigate the financial and operational risks associated with market entrance for global startups; as well as the adoption risks for local startups.
The goal of the accelerator is to widely commercial deployment of technology and improve the East African healthcare sector. This is a key component of IFC’s $1 billion Africa health strategy. It includes improving the operating environment for companies and providing financial support.
Who is Eligible?
- TechEmerge Challenge is open to startups with proven products that are commercially installed in at least one health system.
- Startups with a wide range of tech solutions such as point of care diagnostics, clinical records, patient engagement, etc.
- Privately owned health tech with less than 50 employees
- Startups that meet the needs of East African Healthcare providers
Applications are open until the 25th of February. Finalists will be announced in April and the pilot implementation phase begins in July 2020. Applyhere.
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