Al Borg MedTech Accelerator launched to democratize innovative healthcare services
Bridge for Billions, one of the largest entrepreneurship networks worldwide that creates, designs, and manages innovation programs, has partnered with Elaj Group, Al Borg Medical Laboratories, and Jadara Ventures to launch Al Borg MedTech Accelerator.
The accelerator will connect with ready-to-invest or pilot-ready startups in the MedTech sector to achieve their mission of democratizing innovative healthcare services by providing them at affordable prices.
The initiative, which is aimed at full-time entrepreneurs, supports businesses based in the MENA region and Pakistan with a four-month incubation program and expert sessions. Startups working in the following industries in MENA or Pakistan can apply until April 7th:
• MedTech
• Genomics
• AI-based
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The initiative is looking for startups that want to scale-up by partnering up with a leading reference in the medical sector such as Elaj Group, are willing to dedicate 8 hours per week for the duration of the program, and mentors who want to support entrepreneurs through weekly mentoring as they work on their venture.
The accelerator program is equity-free and participants will have potential investment after graduation from Al Borg Laboratories. The initiative will support the startups to scale in the region, as well as providing legal setup support and benefiting from Al Borg Facilities & Labs.
Dr. Ahmed Saeed, Chief Commercial Officer at Al Borg commented, “Al Borg Diagnostics was established more than 20 years ago, aiming at enhancing population health via providing high quality medical diagnostic services in a timely, accurate, and efficient manner, using expertise and the most advanced technology. Believing that continuous development and innovation is the key that will shape the future of diagnostics, Al Borg Diagnostics is proud to announce the launch of a Healthcare Accelerator Program that will help boost these beliefs and to advance Life-Sciences in the region."
This partnership marks the launch of Bridge for Billions into the MENA region, where the organization is expanding its operations. To this date, Bridge for Billions has supported more than 1,700 entrepreneurs in over 80 countries. The company has worked with more than 100 organizations such as Coca-Cola, Accenture, or BMW, and institutions such as the United Nations, in order to promote the creation of innovative solutions that benefit society.
Those with expertise in innovation challenges such as diagnosis, medical robotics and 3D printing, healthcare database management, medical IoT, medical AR & VR and medical AI, gamification, and genomics, are welcome to apply by April 7th.
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