Bessel introduces accelerator program for medtech start-ups
cipbessel.com – Bessel and an Alabama technology center today said they are launching Hatch Powered by Bessel, an accelerator program for medtech start-ups.
Applications are currently open up for the 10-week program, which starts in Fairhope, Alabama, this summer.
The accelerator “combines the passion of start-up founders, the assistance of experienced clinical device experts, and the growing start-up community and financial investment in Alabama,” Bessel said in a press release. “… The program aims to gear up medtech start-ups to produce lasting and scalable innovations—breakthroughs that scale—and to give founders the entrepreneurial source community they need for long-lasting success.”
Start-ups selected for the program will receive a traveling stipend, access to occasions and workshops, and assistance on strategy, fundraising and implementation from lifescience industry business owners that will serve as coaches and advisors.
The start-ups may be offered financing for equity by Hatch Fairhope after the cohort wraps up with ending occasions in Fairhope, consisting of a demonstration day for the start-ups to pitch to financiers.
“There’s a skilled angel investor community that make effective clinical device financial investments and have the ability to follow their financial investments as the company progresses,” Bessel CEO Chris Danek informed MassDevice. “For instance, financiers in my start-up, AtheroMed, originated from this community.”
Hatch is a company center for tech-based business owners, moneyed by the Seaside Alabama Community University, the City of Fairhope, and the Baldwin Community + Financial Development Structure (BCEDF). The company helps its medtech start-ups access local scholastic health and wellness system USA Health and wellness Southern and the College of Alabama (UAB) Clinical Facility.
“Hatch take advantage of several local collaborations, and currently we can enter the medtech field through our collaboration with Bessel,” Hatch Experience Architect and Innovative Supervisor Keith Glines said in a press release. “Baldwin Region is such an innovation-rich community. The vibrant economic climate, job development, and access to considerable clinical and scholastic sources position Hatch Powered by Bessel for success.”