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EIT Health Partners with 1Mby1M Virtual Accelerator to Train More Than 100 European Entrepreneurs

Posted on Monday, Oct 15th 2018

Digital Health Semifinalists of the European Health Catapult have been awarded one-year scholarships to the One Million by One Million (1Mby1M) global virtual accelerator thanks to a new partnership with EIT Health. In addition to the 15 scholarships to the 1Mby1M Premium program, EIT Health will also fund scholarships to 1Mby1M Basic for an additional 100 promising digital start-ups.

Sramana Mitra, Founder of 1Mby1M, announced the winners during the Semifinals, held on October 10 in Erlangen, Germany. You can listen to her keynote address, AI Powered Digital Health IS The Next Big Thing, here:

“As Europe’s largest consortium dedicated to health and one of the largest Accelerators in the health domain that doesn’t offer start-ups its own physical space, EIT Health did a competitive analysis on other global players during its initiation phase. Within this strategy we found a great example, One Million by One Million, (1Mby1M), a global virtual accelerator founded in Silicon Valley by Sramana Mitra,” said Kurt Höller, Director of Business Creation at EIT Health. “Their aim is to nurture a million entrepreneurs to reach a million dollars each in annual revenue and beyond. Today we join forces. We are very proud to announce our partnership with 1Mby1M: From now on we will jointly support more than 100 European Digital Health Startups per year with their business model development and access to the Silicon Valley ecosystem”.

The first group of 1Mby1M Premium scholarship recipients includes:

Advantis Medical Imaging, Eindhoven, Netherlands: Advantis Medical Imaging develops web-based, timely, accurate and cost effective medical imaging software applications, which enable the display, processing and further analysis of 2D and 3D medical images.

Complex Disease Detector by Hippogriff, Sweden: Complex Disease Detector is a unique artificial intelligence technology for screening and early diagnosis of coronary heart disease.

Consense Data, Maastricht, Netherlands: Consense Data offers a one-stop-shop for informed consent in medical research.

DrOmnibus, Cracow, Poland: DrOmnibus deals with the creation of modern digital tools that can be used in developmental and neurocognitive disorders, like Autism or Alzheimer.

FeetMe, Paris, France: FeetMe has a mission to simplify and accelerate therapeutic and rehabilitation evaluations through continuous real life mobility assessment.

FibriCheck by Quompium, Hasselt, Belgium: FibriCheck is the world’s only medically certified app capable of detecting atrial fibrillation and other heart rhythm disorders, thereby preventing strokes.

iBreve, Dublin, Ireland: The wearable that helps people with stress, anxiety and chronic respiratory diseases by analyzing breathing patterns.

Kinesis Health Technologies, Dublin, Ireland: Kinesis has developed proprietary technologies that are used to Screen, Assess and Intervene and work with health and social care teams around the world to prevent falls among older adults.

Mindpax, Forchheim, Germany: Mindpax is the new digital medicine company in the psychiatric field developing a monitoring system to predict severe mental health attacks

Minnity, Skarpnäck, Sweden: The Minnity app enables professional caregivers to deliver individualized care to every caretaker with the help of a smartphone, thus facilitating faster care and improving its continuity.

MyBasePair, Maastricht, the Netherlands: MyBasePair sells customized DNA-tests and for the Health, Fitness and Beauty industries.

NeuroPsyAI, Braga, Portugal: NeuroPsyAI uses artificial intelligence to identify disease ‘signatures’ of neurodegenerative illnesses in conventional brain scans.

Sleepiz, Zürich, Switzerland: Sleepiz AG offers a non-contact clinical grade home diagnosis of sleep apnea.

WeFight, Montpellier, France: Vik is a virtual companion addressing fears and concerns of patients with chronic diseases.

Yapili, The Hague, the Netherlands: YAPILI delivers health in hand across Africa using mobile technology.

Founded by serial entrepreneur and strategist Sramana Mitra in 2010, the One Million by One Million (1Mby1M) global virtual accelerator, headquartered in Silicon Valley, aims to nurture a million entrepreneurs to reach a million dollars each in annual revenue and beyond, thereby creating a trillion dollars in global GDP and ten million jobs.

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