Program
The CRAASH Barcelona program comprises three phases: The first one is focused on validating proposals and analyzing their suitability for the market and targeted patients. In the second phase, participants will immerse themselves in the European healthcare market and work on developing communication skills. The third phase involves immersing in the US healthcare ecosystem and focuses on helping teams establish valuable contacts.
Validation
In this phase, teams define their value proposition and validate their problem-solution and solution-market fit, specifically for the healthtech market.
Teams get out of their comfort zone, conducting discovery interviews with key stakeholders to understand their needs, test hypotheses, and develop and validate value propositions and business models.
Each team is assigned a mentor (a successful healthcare entrepreneur, a commercialization expert and/or an investor) who provides one-on-one mentoring throughout the program. Furthermore, teams interact each week with a panel of executives from the CIMIT Accelerator Team in Boston, present and defend their findings, attend lectures and do readings. Each team will be connected to an investor with the same field of interest, who will follow the team's progress, share investment advice and help them gain self-confidence when approaching investors.
- Program introduction
- Get together and networking
- Mentor and team introductions
- Stakeholder mapping
3 days
September 12-14, 2023
Onsite
European immersion
During the European immersion, participants dive into the Catalan, Spanish, and German healthcare and life sciences ecosystems.
Teams learn how to communicate and refine their pitch to investors. They also have the chance to forge connections with other top European health startups through a collaboration with the Life Sciences Accelerator in Baden-Württemberg .
Teams will spend 3 days getting to know the Catalan and Spanish ecosystems and get intensive training on investment and persuasive communication.
October 23-25, 2023
Teams will have the opportunity to join the members of Life Sciences Accelerator in Baden-Württemberg and CUBEX ONE and CUBEX 41 by Next Menheim during 4 sessions to learn about usability testing, user experience, brand design, health legislation and rules in Germany and negotiation skills.
Teams will also have the chance to forge connections with other top European health startups.
7-10 November, 2023
US immersion
CRAASH Barcelona gives participants networking and market validation opportunities with experts and institutions from the top healthcare and life sciences ecosystem in the world: Boston.
Teams have the chance to forge online connections with the Boston ecosystem and pitch their projects to investors, industry veterans and entrepreneurs with a successful track record the investment community in the region.
Once a year, a cohort of alumni interested in raising capital in the U.S., establishing their company in the U.S. or establishing strategic relationships with U.S. stakeholders will be able to participate in a face-to-face immersion. A committee formed by members of CIMIT and Biocat will evaluate which projects can get the most out of this immersion and therefore, which ones will be able to go to Boston.
During this online immersion, teams will learn how funding rounds work in the US, how to conduct effective outreach, how the healthcare system and reimbursement are structured, how the health industry regulations work and how to know when it is the right time to start doing business in the US.
December 2023