Lever, Mass Life Sciences Center Announce Health Tech Challenge
NORTH ADAMS, Mass. — Lever is now accepting applications for the Western Mass Health Technology Challenge, open to health technology startups in Berkshire, Franklin, Hampden, and Hampshire counties.
Presented in partnership with the Massachusetts Life Sciences Center (MLSC), the challenge will award $50,000 to the startup that presents the most scalable and investable healthcare products or services, with $25,000 to the runner-up. Entrepreneurs can learn more and apply at https://leverinc.org/western-
"We’re thrilled to continue our relationship with Mass Life Sciences and help new companies with the potential to grow, create jobs, and add to the amazing work being done by entrepreneurs in Western Massachusetts," said Lever’s executive director, Jeffrey Thomas. "This is a place full of smart people with great ideas. MLSC’s commitment to this Challenge series gives those smart people another vehicle to develop innovative work that can contribute to the regional economy while improving patient experiences and outcomes in healthcare."
The Western Mass Health Technology Challenge represents a three-year partnership with Lever and MLSC, which will provide funding for additional Health Technology Challenges in 2023 and 2024. MLSC also funded Lever’s Health Technology Challenges in 2019, 2020, and 2021. Since then, the 22 companies that participated have raised $17 million in additional funding and created at least 40 jobs in Western Massachusetts.
Participating companies complete Lever’s accelerated Challenge program, which gives them the opportunity to develop their pitches alongside expert mentors, conduct customer interviews, and develop a go-to-market strategy.
"To truly remain the global leader in the life sciences, we must continue to leverage our regional assets and drive the growth of life science clusters across Massachusetts," said MLSC President and CEO Kenn Turner. "Lever is an essential partner for the Life Sciences Center. We are proud to collaborate on this newest endeavor to drive innovation and support the entrepreneurial community in Western Massachusetts."
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