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Leumit Start teams up with WeCcelerate to create a digital health accelerator

Leumit Start teams up with WeCcelerate to create a digital health accelerator

Leumit Health Services has signed an agreement to create an accelerator aimed at mentoring startup companies and entrepreneurs, starting from the initial idea and ending with a functioning product with sales

CTech | 10:31  09.05.2022

Leumit Health Services has signed an agreement with WeCcelerate to create an accelerator in the field of digital health as part of Leumit's technology and innovation project - Leumit Start. The purpose of this joint accelerator, called Leumit Weccelerate, is to guide novice entrepreneurs in the early stages, from initial idea to a working product.

The joint accelerator will select initiatives in the health fields with a focus on digital health, with Leumit providing guidance and clinical advice, access to anonymous databases for data research, guidance for regulatory approvals, the Helsinki Committee, conducting clinical trials, pilots, and product implementation. WeCcelerate now accompanies starting entrepreneurs from the concept stage, through feasibility testing and market survey, preparation of a business plan, intellectual property aspects and legal issues, building a company and its administrative backbone, recruiting investors and more.

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Leumit Health Services recently announced the establishment of the Leumit Start project with the intention of increasing its activity in the health fields and presenting advanced solutions to Leumit’s clients, introducing advanced and innovative technologies for the benefit of its patients, improving the quality of medicine, and streamlining processes at the HMO. The project focuses on developing collaborations with leading startup companies, academia researchers, health organizations and other sources in various fields of digital health.

"WeCcelerate joining efforts with Leumit Start was natural. WeCcelerate has assisted companies on their long journey from the initial stages of the venture to a profitable and functioning company,” said CEO of WeCcelerate, Alon Pinhas. “Now, after teaming up with Leumit, we turn to novice entrepreneurs in the medical fields and offer our business model integrated with clinical consulting, access to anonymous databases, execute pilots, research and more."

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"The field of digital health has endless possibilities for improving the quality of medicine," said CEO of Leumit Start, Yizhar Laufer. "As part of the extensive activity of Leumit Health Services's innovation and technology venture - Leumit Start, we decided to work with WeCcelerate and create a joint accelerator in the field of Digital Health and Medical Devices. Through this new accelerator, we can appeal to the novice entrepreneurs as well and offer them full business guidance, clinical and regulatory support, which will help them realize their idea from mere concept to fruition and success.”

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