Healthcare Innovation Cycle for "Digital Medicine" Solutions

Digital Medicine is a broad term for the subset of the Digital Health field that related to promoting wellness or providing medical care (see Digital Therapeutics Alliance Definition). Tracking data has been added that shows an example of an early stage team at risk due to a focus on technology. Select any Maturity Level to see the core Requirements or select the Requirements themselves to see a description and curated resources.

Note:To access the Resources that describe each Deliverable, use the Sign-in button above to create an account and then click on the Deliverable or the Innovation Maturity Level to see all Deliverables at that level and click on the one of interest.

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MaturityDisplay

Requirement

Initial seed investment

Initial seed investment from a financially motivate investor.
To actually demonstrate value, you need to convince somebody to make a financially motivated investment in your project. Seed funding permits first steps and demonstrates credibility.
Seed funding usually comes from the 3 F’s: friends, family, and fools. Increasingly, business plan competitions and accelerators are a good source of funds (usually <$50K) as well as networking and exposure. There are also many government programs such as the SBIR program in the US that provide non-dilutive funding.

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Resource Type
Regions/Markets