About this Program
Boomtown HealthTech Accelerator, in partnership with Colorado Permanente Medical Group, is an intensive startup accelerator focused on bringing innovative technology solutions to healthcare. CPMG and the broader Kaiser Permanente system are widely recognized as being at the forefront of the healthcare reform. At Boomtown HealthTech, companies will have access to resources and experts from one of the best health systems in the world with an opportunity to pilot or otherwise validate participating companies products in a real world setting.
Selection criteria are early, seed stage companies (less than $1M raised) with limited to no commercial traction. Criteria is particularly targeted toward companies addressing the Triple Aim - improving quality and cost of care and the patient experience within large health systems. Boomtown will also consider 510k devices and diagnostics, wellness, drug discovery technologies and consumer facing products. Teams will participate in an intensive on-site (Boulder, CO) 12-week training program and have access to CPMG and other healthcare technology subject matter experts. Teams will leave well prepared to commercialize their product and pitch to investors. 90% of Boomtown graduates are running viable businesses, 80% are generating revenue and have been averaging raising over $600k after graduation.
- Funds up to $20k per team
- Takes up to 6.0% equity
- Accepts 12 companies