On June 26th, Pilot Health Tech NYC culminated in a demo day and celebration at the Alexandria Center for Life Science – NYC. Pilot Day was attended by 200 leaders from the City’s health tech, healthcare and venture communities, who were treated to dynamic presentations from this year’s winning teams. The winning teams took home a total of $1,000,000 in funding to validate new technologies through pilots in clinical settings.
In March, NYCEDC and Health 2.0 held Matchmaking Days to bring together startups and healthcare institutions that would develop pilot proposals to address critical health needs. A panel of expert judges including researchers, practitioners, and investors selected the 11 winners.
The $1 million in Pilot funding will be used to support pilot projects that will engage thousands of patients in New York City over a period of 4-12 months. The pilots will generate the essential early data that can help startups raise investments and secure their first major customers. NYCEDC and Health 2.0 will provide networking assistance, educational resources and mentorship throughout the process.
The theme of the night at the Alexandria Center was that healthcare innovation is looming large in the City. The role of Pilot Health Tech NYC for bringing new innovated ideas to the market is undeniable. In fact, last year’s winners have raised over $150 million in private investment since winning the awards.
The 2014 winners of Pilot are:
Smart Vision Labs / SUNY College of Optometry
GeriJoy / Pace University
Alvio by QoL Devices / Montefiore Medical Center
Hindsait / NY Blood Center
Nonnatech / ElderServe
Canopy Apps / Visiting Nurse Service of New York
Urgent Software / Mount Sinai Health System
AllazoHealth / Accountable Care Coalition of Greater New York
Healthify / VillageCare
Tactonic Technologies / NYU Langone, Rusk Rehab Center
Fit4D / HealthFirst
Pilot Day’s success is only one indicator of a growing, vibrant health tech and life science community in New York. See the official press release and recent press coverage from the Daily News, MobiHealthNews & MedCity News for more information. Additionally, check out NYCEDC’s many programs in support of these industries.
Congratulations to all 2014 winners! Stay tuned as we follow the winning Pilot teams to see how their pilot projects are doing.