(Photo by Flickr user Ted Eytan, used under a Creative Commons license)
Applications are now open for DreamIt Health’s second Baltimore cohort.
Teams selected for the accelerator program get benefits including $50,000 in seed funding, mentoring, access to clinicians and medical executives, pro bono legal services and $50,000 in Amazon Web Services credit. DreamIt Health typically takes an 8 percent equity stake in participating startups.
Additionally, DreamIt Ventures can offer up to $250,000 in follow-on funding after an accelerator startup gets its first investment led by a professional investor, according to the blog post.
All DreamIt Health members work out of the Bond Street Wharf in Fells Point, in space leased from Johns Hopkins University.
The Baltimore accelerator is led by Jason Hardebeck, formerly of gb.tc.
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