2021 Program 

APPLICATIONS OPEN MAY 1, 2021.

APPLICATIONS CLOSE JULY 31, 2021.

COHORT SELECTIONS MADE SEPTEMBER 15, 2021.

PROGRAM KICKOFF NOVEMBER 2, 2021.

PLEASE NOTE: In 2021, the HealthTech Arkansas program will be focused exclusively on companies delivering cardiovascular technologies (devices, digital health and diagnostics), or innovations that can be targeted primarily to cardiac patient populations (e.g. remote patient monitoring). As such, we’ll be accepting applications this year only from companies that meet these criteria. We believe this focus will allow us to concentrate on a clinical area that’s important to the State of Arkansas and our healthcare providers and give us the best opportunity to improve clinical outcomes in our state.

Early stage HealthTech companies are encouraged to apply to our virtual program! Five companies are chosen each year to participate, and those five companies receive the following benefits:

  • Transfer what you've learned in a past accelerator into true clinical engagement.

  • Guaranteed pilot projects with at least two Arkansas providers, giving you the chance to improve your product/service/technology and demonstrate value to our providers. These pilots have the potential to convert to commercial contracts based upon the value you demonstrate.

  • $75,000 of up-front investment in the form of a SAFE agreement or convertible note.

  • Access to the HealthTech Arkansas Fund and our investing partners for potential follow-on investments.

  • A clinical mentor assigned to your team from each provider with whom you execute a pilot project. That mentor - in conjunction with the HealthTech Arkansas team - will work exclusively on your behalf to help make your pilot project the most successful it can be.

  • No requirement to be onsite for a fixed duration during the program. You’ll fly in and out of Arkansas to work with our providers just as you would with any other pilot project. All other content and communications are conducted remotely by phone and video conference.

  • Access to the robust, statewide mentor network assembled by the HealthTech Arkansas team.
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Requirements for your participation:

  • Be ready to conduct a pilot project on Day 1 of the program. Your technology needs to be built out and validated.

  • Have participated in a current or past cohort of another major healthcare accelerator program.

  • Have data from other pilot projects. In other words, we can’t be your first pilot.

  • You need to have raised at least $500K in external capital.

  • Willingness to accept $75K of up-front investment in the form of a SAFE or convertible note, with a cap and discount rate negotiated with the HealthTech Arkansas team.

  • Willingness to issue a $25K SAFE or convertible note to HealthTech Arkansas in exchange for the value of being in the program.