The Health Finance Institute is built on the evidence-based mission that quantifiable impact towards improving health outcomes can result in long-term economic and market benefits.
Further, HFI’s mission focuses on catalyzing investments towards underserved populations and settings, both in high- and low-income country settings, and towards diseases that cause a high burden yet only receive a small share of national, private, and philanthropic investments.
SDG 3 – Good Health and Wellbeing
SDG 10 – Reduced Inequality
SDG 17 – Partnership for the Goals
In this inaugural partnership with Health Wildcatters, there exists a fantastic opportunity to support a startup with a product in alignment both with market and social impact potential.
For the selection of a shortlist of candidates, in addition to the general selection criteria by Health Wildcatters, there will be additional criteria as follows:
Proposed business model of companies focused on issues affecting affordability, access, early treatment, and prevention for disease areas in vulnerable and low-income communities, domestically and/or internationally
Strong, mission-motivated founder + management team
Evidence – based impact theory of change and willingness to develop framework and relevant impact metrics for periodic evaluation during the life of the investment
Devices (e.g., diagnostic and monitoring equipment)
Data Analytics (e.g., electronic medical records integration)
Delivery (e.g., clinics, telemedicine, affordable insurance and reimbursement mechanisms)
While the successful startup may focus on health in general, or on a specific disease area, preference will be given if the product addresses a health challenge with a very high disease burden – as measured in DALYs (Disability Adjusted Life Years) or is a focus area of the SDGs.
In addition, preference will be given to solutions targeting one of the following disease groups, as they have been shown to have the lowest funding per disease burden measure globally in resource poor settings:
Diabetes (T1D and/or T2D)
Chronic Obstructive Pulmonary Disease
HFI greatly welcomes applicants from non-traditional backgrounds. As a female-founded organization with 75% minority employees, changing the face of leadership is mission critical.
Our secret to making startups grow? Our program makes startups visible, accessible and credible. Garnering over 40 million media impressions per year, the Health Wildcatters program immediately offers the cohort an elevated media presence. As a member of our portfolio investors and healthcare executives know where to find quality startups, and after our due diligence and vetting process, they consider them to be legitimate investment opportunities.
The 12- week fall program begins late August and ends in the beginning of November.
Program Start- September 6, 2022
Program Pitch Day - November 2022
The terms for the Health Wildcatters program are in alignment with industry standards and what you’ll find at most accelerators. We offer $30,000 for eight percent equity and opportunities for follow on and convertible note investments to total a maximum potential investment of $380k.
The Health Wildcatters mentor network is vast and comprised of well over 200 individuals spanning the healthcare industry, professional services and many other verticals. During the accelerator, startups are connected to this mentor network who in turn provide advice and counsel as well as open up their own personal networks to propel your business forward.