‘Wildcatting’ health tech acceleration in Texas

Instead of oil wildcatting, well gushers out of ‘Giant’ and the travails of the Ewing family in Dallas, think…tech accelerator. Health Wildcatters is introducing the RockHealth-StartUp Health-Blueprint Health model to the Southwest. Executive director/co-founder Hubert Zajicek, MD announced an initial class of 15, with applications accepted in May. The program starts in late August and extends for 12 weeks. On completion, each company will receive $35,000 in seed funding in exchange for 8 percent equity. The Southwest has had some incubator action–in Texas at NTEC (where Dr. Zajicek was previously medical technology director) and Arizona’s SEEDSTART [TTA 5 Feb]–but accelerators have largely stayed glued to the poles of San Francisco/Silicon Valley, San Diego, New York and Boston. However, both Dallas and Houston are major US–and international, mainly Mexico, Central and South America–health delivery, educational and tech hubs. The Wildcatters have raised $1 million from about 30 investors, including physicians and local entrepreneurs, many of whom will also invest time as mentors. According to Mobihealthnews, they include Mike Bartlett, founder of vision test app makers Vital Art and Science and Michael Gorton, founder of telemedicine provider Teladoc; another major investor is Green Park & Golf Ventures. Co-founders and partners are Gabriella Draney (also of related Tech Wildcatters), Clay Heighten, MD and Carl Soderstrom. Dallas Morning News article. More information on their website.

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