The tech and healthcare industries have been circling each other for years, but with recent headlines surrounding key partnerships and hiring trends, in addition to the rise of consumer tech, wearables, and wellness apps, it has never been more obvious that the convergence of the two industries is well underway.
At JLABS, we've experienced this convergence firsthand. Several of the more than 300 resident companies, both past and present, across our 10 sites are innovating in ways that cross both health and tech. To further encourage this trend, today I'm proud to announce Health Tech @ JLABS.
Through this new program, we will provide access to Johnson & Johnson Innovation's unparalleled healthcare expertise, and call upon our key technology partners through best-in-class communities, facilities, programming, and mentoring for this hybrid group of entrepreneurs. Health Tech @ JLABS will also provide unique insights on consumer, payor and provider pain points and the solutions they are seeking.
The program will provide expertise across four key areas:
- Smart Devices for Therapy Delivery
- Mobile Wellness Management
- Digital Disease Interception & Prevention
- Engagement with the Patient Consumer
Education has always been a foundation for JLABS, and with this new focus, we will offer tailored programming specific to Health Tech. These programs aim to educate entrepreneurs on the healthcare landscape, provide access to partners in both healthcare and technology spaces to teach technical efficiencies, provide education on the FDA approval process, and which ultimately helps get solutions to people who need them.
In addition to this programming, we are also announcing the first of four QuickFire Challenges focused specifically on the Health Tech space. The first will be the Health Technology Innovator QuickFire Challenge: Mobile Wellness Behavior Management. We are searching for mobile solutions using health tech to intercept & prevent disease; deliver intelligence devices for therapy; collaborate with providers & payers, and provide accessible healthcare.
Winners will be accepted into the Health Tech @ JLABS program for one year with residence at a JLABS based on availability. For more information regarding the inaugural Health Tech @ JLABS QuickFire Challenge, please visit jlabs.tv/healthtech
At JLABS, we help entrepreneurs, scientists and now technologists navigate the trenches of being a startup in an industry dominated by large corporations by offering expertise, access and infrastructure through a no-strings-attached model. I am extremely excited about the potential of Health Tech, and will continue to push for the best and brightest to succeed.