Overview

As the leader of an innovative healthcare startup, you are looking for a competitive advantage to build and scale your business. Enter Momentum — an application-based accelerator for MATTER member companies that offers a structured, cohort-based approach to advance their objectives.

The three-month accelerator will systematically step through the fundamentals of scaling digital health companies from March to May 2023. The program will be led by MATTER Venture Acceleration Fellows Pam York and Jason Smith and provide robust entrepreneurial and business development from exclusive workshops and tailored all-cohort programming.

Accelerator details

Selected startups will participate in a multi-faceted program designed to develop the capabilities of the individual as well as the business. The program components will include:

  • Monthly founder/CEO peer group meetings for experience sharing, round-robin deep dives and in-depth discussion of each others’ companies, resulting in action items each participant will be held accountable for.
  • Exclusive workshops comprehensively covering focus areas important to startups at all stages and how competencies need to evolve as companies grow.
  • Private one-on-one coaching from their assigned lead mentor will occur every month for each startup, whose CEO may invite any other company staff as they wish.
  • Accelerator-wide activities including a kickoff, exclusive guest speakers and a final showcase to pitch to the MATTER community.

Momentum will build competency in five core areas:

  1. Leadership development
  2. Product-market fit
  3. Go-to-market strategy
  4. Business modeling
  5. Presentation and selling skills

Learn more about each focus area.

What types of solutions are we seeking?

This program is intended for executive-level participants, such as CEOs or founders, who will regularly attend and participate in collaborative sessions. The estimated time commitment is 3-5 hours per week from March through May. While other team members may participate, continued involvement from the founder/CEO is required.

We are seeking digital health solutions as the focus for the second class of Momentum. Solution areas may include, but are not limited to:

  • Solutions for consumers, medical professionals and healthcare organizations
  • Software-as-a-service applications and platforms
  • Mobile apps
  • Cloud-connected medical devices
  • Digital therapeutics
  • Remote patient monitoring

Timeline

December 12, 2022-February 3, 2023: Application period and interviews with MATTER (as necessary)
February 22, 2023: Cohort announced
March 3–May 31, 2023: Accelerator
May 31, 2023: Showcase

Who should apply?

This accelerator is exclusively open to MATTER members. Non-members may apply but must become a MATTER member by February 21, 2023, to be eligible to participate. Beyond being a member in good standing, there is no additional cost to participate in this program.

The program will be facilitated virtually, allowing for participants outside the Chicagoland area to participate in full and providing the opportunity for local and visiting participants to join events in person if desired.

This cohort will focus on digital health solutions and is stage-agnostic. Companies will be grouped into smaller peer groups of similar solutions for small group sessions, and one-on-one sessions will focus on individualized coaching. The customized program will be fitted to the participants.

Submission process

Applications open on Monday, December 12, 2022. Submit an application by Friday, February 3, 2023, at 11:59pm CT. Teams will be notified about their participation by February 15, 2023. In some instances, an interview in addition to the application may be needed.

See our Frequently Asked Questions for more information.

Ready to submit?

Deadline to submit is February 3, 2023
Submit now

About MATTER

At MATTER, we believe collaboration is the best way to improve healthcare. The MATTER collaborative includes more than 700 current and alumni startups from around the world, working together with dozens of hospitals and health systems, universities and industry-leading companies to build the future of healthcare. Together we are accelerating innovation, advancing care and improving lives. For more information, visit matter.health and follow @MATTERhealth.