Deadline: 17-May-22
HITLAB is pleased to announce The Breakthrough Alliance (“BTA”) Research & Strategy Program to identify health related or healthcare technology companies (“Applicants” or “Innovators”) that may be best suited to implement a pilot project (“Pilot”).
BTA, a digital health research consortium, was created to accelerate a greater number of digital health innovations through the generation of exclusive, evidence-based research and insights.
The BTA Research & Strategy Program provides research and testing to innovative technology companies worldwide as determined by the research consortium.
Goals
Specific Program goals include:
- Enable health or healthcare technology companies to benefit from rigorous and cost-effective methods for generating meaningful, evidence-driven data that seek to validate their concept, prototypes, or products and attract key clients and investors.
- Expand the network of stakeholders granted access to digital health resources
- Accelerate the growth and development of health/healthcare Innovator solutions worldwide.
Benefits
There will be 3 tiers of prize winners which shall all receive in-kind services (in the form of a research study) from their research and evaluation team in addition to a presentation a one of their HITLAB symposia. 3rd place will receive a research study and a Symposia presentation, 2nd place a research study, Symposia presentation, and article (publication), and 1st place a research study, article, and a presentation at a HITLAB symposia/summit in addition to a long form video of their presentation in addition to a sub-cut social media video. All prizes must be used within 6 months of meeting eligibility requirements.
Selection of Winners
Submissions will be evaluated by the Administrator and BTA Board members using five key metrics and weights listed below:
- Innovativeness of Approach: Includes innovativeness of the product and approach, the scale of the problem is seeking to address.
- Scalability: Includes market size and realism of market size estimations supported by established management
- Sustainability: Includes completeness and realism of business plan and feasibility of the core team in supporting long-term product growth based on the current and future market
- Impact: The digital health solution or product is demonstrated to have an impact on the target population based on extent of potential impact on critical health care needs, and extent of product testing previously performed and required.
Eligibility Criteria
- This program is open only to Applicants who submit an application in accordance with the application requirements below and who meet the following criteria:
- If an individual, an Applicants must be at least 18 years of age at the time of entry, are legal residents of countries where such challenges are allowed by the laws of those countries (excluding the residents of Cuba, Iran, Libya, North Korea, Sudan, and Syria), as of the time of entry and when winners are announced;
- If a team of eligible individuals, the Applicant team must be composed of members who each meet the eligibility requirements for individual Contestants; or
- If a corporation, Limited Liability Company, partnership, or other legal entity, a Contestant must, at the time of entry:
- Be legally formed, maintaining its primary place of business in the United States;
- Have sufficient funding to continue operations for the next 12 months from any source;
- Have a functional product prototype available for testing
- The following individuals, teams, and organizations are ineligible to participate as Applicants or Innovators regardless of whether or not they meet the criteria:
- The Sponsor and all of its employees and representatives, and each of their family members and household members of the Sponsor’s employees and representatives;
- The Administrator and all of its employees and representatives, and each of their family members and household members;
- For the purposes of clarification, ‘family members’ include such individual’s spouse, children, step-children, parents, step-parents, siblings and step-siblings. ‘Household members’ include any other person who shares the same residence as such individual for at least three (3) months out of the year.
For more information, visit https://www.hitlab.org/breakthrough-innovator/