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Innovations in Health LatAm

Supporting startups in Argentina, Brazil, Colombia, and Mexico who build solutions addressing critical healthcare ecosystem challenges in Latin America.

  1. ABOUT THE PROGRAM
  2. ELIGIBILITY
  3. BENEFITS
  4. TIMELINE

About the Program

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The initiative, with funding from Johnson & Johnson Foundation, will provide resources to ten innovative startups in Latin America developing solutions in medical devices, logistics and medical services, managed healthcare, health coaching and wellness, and biopharmaceuticals. The accelerator aims to support startups that are addressing the needs of communities, including those outside urban centers and in areas where health services are limited.

About Innovations in Health LatAm

Despite efforts to improve healthcare quality and access across Latin America, the healthcare sector in the region faces a range of challenges. In many countries, health investments remain below the levels recommended by the Pan American Health Organization for optimal care.

To bridge these gaps, it is crucial to equip healthcare workers to connect directly with communities and integrate them into the healthcare system. Latin America has the potential to make substantial progress by leveraging innovative solutions, fostering collaboration between public and private sectors, and prioritizing investment in healthcare infrastructure.

Meet the Cohort

AfroSaúde

AfroSaúde (Salvador, Brazil) connects patients to healthcare professionals through a digital health platform, using technology to bridge racial disparities in healthcare access in Brazil.

Advisory Board

IHE AB Alejandra Cálad

Alejandra Cálad Londoño

Head of Innovative Solutions LATAM, Johnson & Johnson MedTech

IHE AB Andrea Kestenbaum OPTION 2

Andrea Kestenbaum

Co-founder, CEO, Positive Ventures

IHE AB Antonio Rodriguez

Antonio Rodriguez

Portfolio Analysis Finance Manager, Johnson & Johnson

IHE AB Vincent Barragan

Vincent Barragán

Impact Ventures Investment Director, Johnson & Johnson

IHE AB Ari Goldstein

Ari Goldstein

Partner, Explorador Capital Management

IHE AB Arnaud Thevenet

Arnaud Thevenet

Venture Partner, Zenani Capital

IHE AB Bruna Constantino

Bruna Constantino

Co-founder, Managing Partner, Positive Ventures

IHE AB Claire Bottero

Calire Bottero

Consultant, Life Sciences Data

Who should apply?

Eligible startups must:

  • Have legal incorporation as a for-profit entity in Latin America, with operations in at least one of the following countries: Argentina, Brazil, Colombia, or Mexico.

  • Have a market-based solution that tackles healthcare challenges in Latin America.

  • Have at least one full-time founder based in Argentina, Brazil, Colombia, or Mexico.

  • Be in compliance with local, fiscal, and business law.

  • Have a minimum viable product (MVP), and raised less than USD 1M in equity.

  • Have meaningful customer or business validation (not limited to revenue, it can also be successful pilot studies, number of users, and/or strategic partnerships).

Benefits startups will receive:

Mentorship

Ability to meet with and receive mentorship from prominent investors, potential strategic partners, customers, and other founders.

Financial analysis

Access to an investment analyst who will coach you one-on-one on building a financial model, identifying unit economics, and using financial metrics to drive both business and investor diligence.

Media exposure

Exposure to Village Capital’s program website and other communications collateral.

Networking

Access to a diverse and inclusive network of mentors and founders.

Continued learning

Access to live and asynchronous sessions tailored to a virtual learning environment to help their companies identify early milestones and prepare for their next round of capital (if relevant) or significant expansion.

Advice

Startups will also be able to participate in a virtual investor forum and mock-board meetings with representatives from financial institutions, corporations, experienced entrepreneurs, and relevant investors who are looking to provide support towards scaling.

Funding

Three startups from the cohort will be selected by their peers to receive grants of USD 50K, 15K, and 10K, respectively, from Johnson & Johnson Foundation to further scale their solutions.

Learn more about mentoring with Village Capital

Program Timeline

October 10, 2024

Applications Open

December 6, 2024

Applications Close

December 2024 to January 2025

Selection period

February 3, 2025

Cohort Announced

Program Workshops

  • Virtual Workshop 1: February 17-21, 2025

  • Virtual Workshop 2: March 10-14, 2025

  • Virtual Workshop 3: March 31 - April 4, 2025

Frequently Asked Questions

1. What is the main goal of the program?

Plus

2. Do you take equity for participating in the program?

Plus

The Latest

Salva Health, Sofya, and Kintsu Selected by Peer Startups to Receive Additional Grant Funding

The startups will receive grant funding of USD 50K, 25K, and 25K, respectively, to support their solutions

Salva Health, Sofya y Kintsu fueron seleccionadas por sus pares para recibir financiamiento no dilutivo

Las startups recibirán una donación de USD $50,000, USD $25,000 y USD $25,000, respectivamente, para apoyar sus soluciones

Salva Health, Sofya e Kintsu foram selecionadas por seus pares para receber financiamento não dilutivo

As startups receberão doações de USD $50.000, USD $25.000 e USD $25.000, respectivamente, para apoiar suas soluções