(Photo by Michelai Graham)
It looks like 1776 is making a comeback in the District with a new office and pitch competition.
The prominent D.C.-based incubator and coworking space is partnering with Ipsos to host a patient experience pitch competition for startups working to improve the healthcare patient and provider experience. The competition is set to be hosted at 1776 DC’s new location to be announced in the coming weeks, a press release states.
We are excited to partner with @ipsosus to launch our Improving the Patient Experience Pitch Competition focused on technological advancements that improve communications between healthcare providers and patients. Learn more about the competition here: https://t.co/xcfWHBXjwN pic.twitter.com/DljTrhzy6H
— 1776 (@1776) June 27, 2019
Headquartered in Paris, Ipsos is a global market research company and consulting firm.
To refresh your memory, 1776 temporarily closed its original incubator space here in December 2018 after it couldn’t reach an agreement over lease renewal terms with the 1133 15th St. NW building owner, DivcoWest. The incubator is making good on its promise of returning to D.C. this year.
This new pitch competition will be a one day event and requires an application to participate. Of those who apply, 10 companies will be selected to pitch on October 17 at the premiere event.
“With all the technological advancements taking place right now, the lack of innovation in the patient experience journey is staggering,” Ron Braunfeld, president at 1776, said in a statement. “We look forward to leveraging our ecosystem of entrepreneurs and emerging growth companies to help bring forward innovative approaches to help fix the patient experience journey.”
Selected companies will get pitch review, coaching and a free hot desk membership at 1776 DC leading up to the competition, from September 3 thru October 18. At the event, each pitcher will have five minutes to present and one minute of Q&A from the judging panel.
The winning startup will be able to work directly with Ipsos’ healthcare partners to improve their healthcare tech, find new customers and even try some partnership opportunities.
Applications opened up today and will close on August 1. The 10 selected companies will be publicly announced on September 3.
Some application requirements include:
- Must have an established team with one in-person member dedicated to pitch at the competition
- Must be based in the U.S.
- Monthly revenue must be less than $500, 000
- Product pilot or initial test trials must be started
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