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2024-04-03

Applications open for 3rd Healthcare Robotics Startup Catalyst

MassRobotics, Festo, Mitsubishi Electric Automation, Novanta, and MITRE are calling on healthcare robotics startups to apply for the third Healthcare Robotics Startup Catalyst program 2023-24. This program provides healthcare startups with the opportunity to showcase innovative healthcare and robotics solutions and compete for a chance to join a world-class accelerator program. The program’s objective is to advance healthcare robotics companies by providing the connections, guidance, and resources they need to grow and succeed.

The selected startups will be guided by senior-level mentors from organizing companies and supported with connections to potential customers, investors, suppliers, marketing and more. Additionally, the selected startups will find support within MassRobotics’ Healthcare Robotics Working Group, comprised of a U.S. cluster of corporate, academic, government, startup, and venture capital volunteers.

The healthcare industry is rapidly evolving, and robotics has become an integral part of modern healthcare. With the growing demand for healthcare services and technological advancements, the healthcare robotics market presents significant opportunities for improving patient care, reducing healthcare costs, and increasing efficiency across various areas of healthcare.

The program is open to early-stage startups with a healthcare, robotics, AI, or IoMT focus within the scope of the challenge. Selected startups will receive access to key players and collaborating corporates, innovation centers, and engineering teams. Additionally, they will receive introductions to investors, contract manufacturing firms, and suppliers. They will also have access to loaners, free components, and prototyping and testing resources. The program also includes media and marketing support, as well as potential participation in trade shows with mentor organizations.

This is a unique opportunity for healthcare startups to gain valuable resources, mentorship, and support from some of the most respected and successful companies in the healthcare and robotics industries. Applications open on May 11, 2023 and close on September 9, 2023. Cohort 3 will be announced on September 22, 2023.

Applicants from around the world can benefit from the support of the program to achieve their specific milestones. Cohort 1 and 2 participants have achieved significant milestones through the program, including but not limited to, funding, sales, signing a global partnership and territory expansions.

In June 2022, MassRobotics, Festo, Mitsubishi Electric, Novanta and MITRE launched the call for applications for the second Startup Catalyst Program to advance healthcare robotics companies around the world, providing the networking opportunities, guidance, and resources they need to grow and succeed. The program focused on startups in the areas of clinical care, public safety, laboratory, supply chain automation, out-of-hospital care, quality of life, as well as continuity of work and education, and training and support for healthcare professionals.

The program ended with a showcase presentation at the Robotics Summit & Expo in Boston, which is produced by The Robot Report, wherein all participants shared their successes throughout the program. 

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