EIT Health GoGlobal
Go Global MedTech Exchange Accelerator
Support program for establishing your business in the Life Science Sector in USA, Brazil or China.
Program includes training and travel reimbursment.
Application until March 1st via Optimy
European Life Science SMEs offer innovative and globally competitive technologies, products and services. For most new-comers it is a big challenge to set up their business on their own in unknown, often time-consuming and complex markets outside of Europe, and to identify the right business partners and contacts.
Funded by EIT Health within the framework of its Accelerator program “GoGlobal”, Medical Valley developed the MedTech Excelerator especially for start-ups, scale-ups and SMEs, whose goal it is to enter difficult Life Science markets.
In the MedTech Excelerator, innovation hubs are connected with Medical Valley, the USA, Brazil and China. They cooperate to foster the internationalization of start-ups/SMEs in the medtech industry. Ten top European start-ups/SMEs will be shown a unique gateway to international leading healthcare markets in the US, Brazil China. At the same time, six start-ups/SMEs from these three countries will get deep insights into the European healthcare market in order to define a pathway of how to bring their new technologies to Europe.
Brazil is one of the largest medtech markets in South America, but it has a difficult healthcare and business environment for foreign companies. This soft landing platform will significantly improve this.
China is becoming the second largest healthcare market, but it also is a difficult market for foreigners to enter. Hong Kong in particular offers an ideal infrastructure for international companies that want to enter the Asian market. Our partner, the Hong Kong Science and Technology Park (HKSTP), is seen as a stepping stone into the overall Asian market. They offer many advantages, such as IPR protection, access to expertise, cultural proximity, and duty-free imports to and from Chinese mainland.
The US is the largest healthcare market worldwide with a robust start-up community and world-leading research institutes.
After the selection in March you will be invited to a two days workshop from April 9th and 10th in Erlangen, Germany, to get first insights about your target country, including tickets to the congress and fair MedTechSummit / MT-CONNECT on April 11 and 12 in Nuremberg.
In Summer/ Autumn we will travel with you to our partnes in your target country to accelarate your business. You will get information on the specific countries' healthcare systems, regulatory environments, key stakeholders and competitors, and a lot more, like room for private meetings and networking events to promote your buisness abroad!
Each participating SME will receive a maximum of 2,000 EUR for travel costs to participate in Erlangen and the target country. All training and coaching units are provided free of charge.
Who can apply?
The target participants in the GoGlobal programs are start-ups, scale-ups and SMEs, as well as companies that already offer a product, started to sell, or at least are in the last stage of their Certification process. You should also have the ambition to expand on the target countries within a year. Your business there could be to sell products, partner your technology, or offer your technical services. Your company should also fit to EIT Health thematic scope: “Healthy living, Active Ageing, Improved Health care.” The applying company should be located in the area covered by the EIT Health CLCs.
Submission of Application
Applications are to be submitted in an executive summary format according to the criteria in Optimy, from February 1st to March 1st, 2018, 18:00 (CET).
Other target markets: Canada, Israel, Japan
If this sounds interesting to you but those countries are not your first choice and you are interested to get more insights about the Life Science environment of Japan, our partner BioM is running a similar program founded by the same EIT Health program in 2018. The project is called “Start.Smart.Japan”. Two further EIT Health GoGlobal projects “Israel, Canada Digital Health” and “Go2China” are run by other European clusters that target Israel, Canada and China.
The application link is the same as above.
Fur further information see also the EIT Hompage.
Olivier Fontaine, Project Leader EIT Health GoGlobal Israel Canada, firstname.lastname@example.org
Antal Kuthy, Project Leader EIT Health GoGlobal Safety Belt to Go2China, email@example.com
Stephanie Wehnelt, Project Leader EIT Health GoGlobal Start.Smart.Japan, firstname.lastname@example.org
Benjamin Stöcklein, Project Leader EIT Health GoGlobal MedTech Exchange Accelerator, email@example.com