The new initiative aims to nurture early-stage entrepreneurs focused on enhancing healthcare through AI. Credit: LALAKA/Shutterstock.

Pre-seed venture capital company Techstars, CareFirst BlueCross BlueShield, and Johns Hopkins University, have entered a partnership to initiate a healthcare accelerator programme in Baltimore, US.  

This initiative aims to nurture early-stage entrepreneurs focused on enhancing healthcare through artificial intelligence (AI).  

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Referred to as ‘Techstars AI Health Baltimore’, the programme is powered by Johns Hopkins and CareFirst. 

It will leverage the university’s expertise in converting research into market-ready enterprises, Techstars’ proven accelerator model, and CareFirst’s commitment to improving healthcare access and affordability.  

The accelerator will operate in-person in Baltimore, a hub for healthcare innovation.  

Besides, the programme is an extension of the successful Techstars Equitech series, which concluded in May this year, in collaboration with UpSurge Baltimore, the city’s technology ecosystem facilitator. 

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Techstars AI Health Baltimore is set to become Techstars’ premier healthcare accelerator.  

Adam Phillips, previously at the helm of Techstars Equitech, will head the 13-week programme.  

The programme is dedicated to assisting entrepreneurs at the helm of healthtech, medtech, as well as biotech startups.  

Participants will benefit from capital investment, experts’ mentorship, and support to sustain the healthcare industry’s complex landscape and regulatory framework. 

The call for applications has opened on 26 August 2024 and will close on 20 November 2024. 

Techstars chief investment officer Andrew Cleland said: “The application of AI to healthcare will enable new avenues of innovation, creating more powerful solutions for patients more quickly. 

“Entrepreneurs are at the centre of this change as they apply technology to improve care and, ultimately, impact people’s lives.

“Their ability to collaborate with prominent health systems like Johns Hopkins and CareFirst, plus Techstars’ programming, capital, and connections will help multiply that impact.” 

Johns Hopkins Technology Ventures startup acceleration head Myra Norton said: “By collaborating with Techstars at the intersection of healthcare and AI, Johns Hopkins aims to bring more entrepreneurs to our ecosystem and catalyse more startup activity to bring high-impact healthcare innovation to market.”