Silicon Valley is certainly the place to be for tech innovation. But San Diego, home to Qualcomm and a number of other wireless companies, can hold its own when it comes to health and wireless technology.
A new incubator-accelerator called Wireless Health Hub is launching there with the hope of strengthening the innovation ecosystem. Created by the non-profit SoCal Entrepreneurial Ecosystems Development, which works to attract and support entrepreneurs and create sustainable job growth in Southern California, the incubator-accelerator is taking a long-term view of helping companies grow.
“There are multiple organizations providing individual startup components like accelerators or incubators; however, we believe that these should be combined with other supporting elements that lead to the evolution of a sustainable startup community,” said Jim Butz, president and founder of SoCal EED, in an announcement.
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First-time entrepreneurs will enter the program at the seed accelerator level, where they’ll spend 90 days developing their ideas guided heavily by mentors. Graduates of the accelerator, or serial entrepreneurs, will then take up residence at Wireless Health Hub’s business incubator. They’ll spend another 12 to 24 months developing their products and services with continued access to mentors.
The third and final stage for startups, SoCal EED says, is becoming part of “a community that facilitates a sustainable wireless health ecosystem, including connections to existing wireless health companies, real estate providers, local government, educational institutions, funding sources, strategic partners and healthcare practitioners.”
Applications for the inaugural accelerator can be submitted now through Nov. 25. Ten companies will be selected to begin the program on Jan. 13.
In its launch announcement, Wireless Health Hub said it would accept entrepreneurs who are developing wireless medical devices, personal health products and services, and health related software applications. Companies can apply here.
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[Image credit: FreeDigitalPhotos user twobee]
