Program Goals
The Health Tech Accelerator is designed to accelerate the development of innovative health technologies through tailored advising and funding.
Projects may receive support for:
- Technical de-risking, such as prototype development and proof-of-concept testing
- Commercial de-risking, such as milestone planning and the development of clinical, regulatory, reimbursement, and commercialization strategies
The ultimate goal is to position projects for follow-on funding, commercialization, and broad healthcare impact.
Program Benefits
- Funding ranging from $5,000 to $75,000, customized to the project’s needs, with the potential for additional funding based on project progress
- Hands-on advising and project management to support development
- Access to industry experts and complementary programs offering support with engineering and design, manufacturing, regulatory strategy, and reimbursement assessment
- Eligibility to participate in invite-only Penn Health-Tech Boot Camp
Eligibility
The lead applicant must be a faculty or staff member at the University of Pennsylvania or Children’s Hospital of Philadelphia (CHOP).
Eligibility for all of Penn Health-Tech's funding mechanisms is limited to projects based on Penn or CHOP Intellectual Property.
Applicants may have collaborators who are not affiliated with Penn or CHOP.
Application Process
Pre-Proposal Applications Open
Application and more information: Apply Here
Information Session
Pre-proposal Application Deadline
Semi-Finalist Interview
Full Proposal Deadline
Pitch
Program Begins
Testimonials
"Penn Health-Tech helped us to complete a key study, connected us to the right individuals and positioned us well for additional grants and investors."
"The Penn Health-Tech team guided us through the many technical, regulatory, and strategic challenges that arise during early-stage medical device development. They worked alongside us, connected us with the right expertise, and helped us navigate obstacles that would have been difficult to overcome alone."
“By supporting key market research and industrial design, Penn Health-Tech helped us refine our user needs and market strategy, improving our position for follow-on funding. Beyond that, it gave us the structure, support, and strategic insight we needed to confidently take AMP-Vent to the next stage of development.”
"The Health Tech Accelerator provided unique mentorship and expertise that I desperately needed. The PHT community has been so supportive and personalized the experience to best suit our team’s needs. If you are a clinician who’s considering a commercial product, the accelerator will be time well spent.”
