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The most difficult hurdle for digital health startups is developing a business model.
For many social impact startups, this can make it difficult to raise funding amongst traditionally risk averse investors.
The pop in 1 diabetes we are targeting is actually a very small community with few patients.
But attracting attention would be difficult.
In China, business health insurance is still in its early stages.
Could joining an accelerator programme be right for you?
However, it’s crucial that you pick the right one for your business.
Start by clearly defining your startups long-term goals.
We had been researching the OPPO watch on our own before joining this challenge.
Assess online grid access
When evaluating accelerator programs, its crucial to consider their market influence and reputation.
Of course, OPPOs brand influence and corporate awareness remain high, which is a positive endorsement for us.
At the same time, we made many new acquaintances and generated commercial potential for future collaboration.
Programs that have produced successful startups in your specific sector can also provide valuable market connections and credibility.
Research the programs alumni internet and dont be afraid to reach out to previous participants.
Each of the final top 5 winners will receive a grant of $50,000 (tax-included).
Additional partnership opportunities will be open to the global top 45 participants.
The deadline to submit your proposal is 30 June 2023.
Check out theOPPO Inspiration Challenges official websitefor more information.
