You have an innovative product idea in the MedTech sector? You want to develop a promising business model and learn how to overcome the hurdles of the healthcare industry? Then apply for the 8th batch of the 4C Accelerator by July 19!
What is the goal?
The 4C Accelerator enables founders to connect the 4Cs, their content, challenges and opportunities in order to develop an entrepreneurially successful and regulatory plausible business model and to set up a realistic roadmap – they become "investor ready".
- You will have identified corresponding barriers to shorten the time-to-market and addressed them in an individual project plan.
- You will be familiar with the reimbursement options in the German healthcare market (e.g.,selective contracts).
- You will understand how quality management systems (e.g., ISO 13485) and regulatory processes become a strategic concept and how they effectively lead to the approval of your product (e.g., Medical Device Regulation, In-Vitro-Diagnostic Regulation).
- You will be able to assess whether and what kind of clinical studies you need and how to best implement them (e.g., ISO 14155, ISO 13612).
- You will know how to deal with data protection requirements (GDPR) and how to strategically protect and exploit intellectual property rights (e.g., patents).
Who can participate?
The program is aimed at all national and international startup teams and innovators who want to implement their innovative, pre-competitive product ideas within the following areas:
- Medical Devices (gadgets, machines, instruments, implants)
- Software as Medical Device
- In Vitro Diagnostics (laboratory tests or procedures, software)
The working language is English.
What is the timeline?
- Application deadline: Jul 19, 2024
- Feedback on application: Sep 16, 2024
- Shortlist kickoff workshop with 12 teams: Oct 9-10, 2024, onsite in Tübingen, DE
- Selection of final 8 teams: Oct 11, 2024
- Online 4C Workshops: Oct 18, 2024, to Feb 4, 2025
More information and the application form can be found here: bit.ly/4caccelerator
The program is funded by Start-Up BW of the Ministry of Economic Affairs BadenWürttemberg, the B. Braun Stiftung, and the Hector Stiftung.