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We combine deep design skills with wide industry understanding across all disciplines of the Health and Digital spaces.
More than MVP’s, at Vertical accelerator we help turn concepts into minimum meaningful products fit for market, appealing to customers and delightful to users.
At Vertical our goal is to get you to another pace of development, to help you find who the user is, to develop the product and find the right go-to-market channels. This usually means getting you to the point where you have a product impressive enough to secure your first paid customers and can start to scale your business.
Our four month program will ignite your digital health, wellness and nutrition startup.
The program is focused on growth and scalability, with design & user experience, distribution & customer acquisition, and lean startup practices and metrics. In short, we help you build and validate your product and find distribution partners for growth.
Our program is divided in 3 main vertical blocks: product & design excellence, go to market and investor relationships combined with 4 cross-disciplinary topics : customer and team excellence, impact and finally general development, mentoring & hands-on help.
We have hand-picked an international team of over 200 mentors including medical and nutrition experts, brand and communication designs specialists, marketing & operations executives, serial entrepreneurs, venture capitalists and angel investors to new a few. Your team will get to meet our mentors via our 1-on-1 mentoring sessions every Wednesday afternoon, tailor-made meetings and social activities.
The Fall batch 2017 starts on August 28, 2017 and ends on December 1,2017 with the attendance and booth presence of our Fall batch 2017 at one of Europe’s biggest tech startup conference, SLUSH. Each one of our Fall batch 2017 startups will get 2 tickets/team and 2 half-days of booth visibility at the event in our Vertical booth.
As a Vertical startup you get to work at our new co-working space in the 5th floor of one of Europe’s biggest startup hubs, Maria 0-1, in Helsinki city center. The co-working space offers your team modern working facilities, access to our meeting rooms and event space as well as usage of our kitchen and lobby area, all free of charge.
In addition, we organize interesting and international healthtech events regulary, and international investors and guests visit us on weekly basis.
With our industry leading partner companies we offer startups direct access to industry insight, cutting edge technology and global market outreach. You’ll get to build your product with our partners, work head to head with Samsung R&D people, and brainstorm with Sonera healthcare team.
Our partners are the best in their fields and share your interest to bring life changing products to the market. You will benefit from their international market knowledge and customer base, and receive invaluable coaching.
Our partners have special platforms and programs in these fields, and will be opening them for Vertical startups. These include Samsung S Health APIs & workshops, as well as involvement of other key partners, such one of the biggest food companies Fazer & the biggest hospital in the Nordics – HUS – The Hospital District of Helsinki and Uusimaa.
At the end of the program we invest up to €150,000 in the most promising startups that participated in the Vertical program. The acceleration program is free for you as a startup, but we withhold the right to a first right for refusal for making an investment into your company.
We provide relocation grant of €2500 to some of the startups.
Our ideal candidates are young, ambitious teams who have put passion into developing a product that will change people’s lives and health for the better. We seek to work together with entrepreneurs that have a proven concept requiring support to reach growth and scalability.
The teams will be selected over two rounds. The first is an application on the site. The application closes on May 21th. After that we will schedule Skype calls with TOP 50 startups from the list. After that we will invite TOP 25 startups to two intensive Selection Days in our headquarters in Helsinki. Selection Days will take place on June 20 & June 21st. During the Selection Days startups will have intensive 1-on-1 meetings with our mentors, friends from the investment and industry circles. By the end of June you will know if you could join the program. The program starts on August 28.
If you like what you see and find yourself wondering whether you could be the next, go ahead and pitch your great product to us!
Have questions? Check out the FAQ or get in touch directly!
We are part of your team. We don’t just advise you, we work with you shoulder to shoulder each and every day to build successful stories. At Vertical our goal is to get you to launch your idea to the world. This usually means to get you to the point you have built something impressive enough to get your first paid customers and start to scale your business.
Together, with our team, partners and mentors, we will brainstorm, plan, design, sell, and if needed start all over again with you – we share your passion to build companies.
You can find the high-structure of the program in the section above.
Our partners are an integral part of the Vertical accelerator program. In fact, their curiosity prompts us to look at specific trends and requirements. In other words we work together with them to find and select the most promising companies to revolutionize healthcare together. Our program has been designed to facilitate such collaboration from day one. Our partners provide you with the latest tools and technologies for you to build your success and we can promise you a unique and direct access to these industry leaders.
Our corporate partners are various industry leaders across the value chain. They will interoperate and connect to redefine and provide tomorrow’s healthcare solutions together with our startups.
Latest technologies from various domains of expertise are converging to disrupt traditional healthcare. Tomorrow’s healthcare innovations will be built on a foundation of several competences. We are providing a new way to accelerate innovation where industry expertise and lean startups are blended. Each of our partners brings a unique access to technology, market insights, distribution and beyond to our portfolio companies. In that respect, expect more large companies to join us soon.
At Vertical we count with a network of 200+ mentors. They are medical experts, serial entrepreneurs, venture capitalists, angel investors, journalist and other professionals that will provide you with the best experience, help and network out there.
Yes, we invest up to 150 000€ in the most promising companies taking part of our program.
Yes, as a part of the program we offer our teams 6 month of free co-working space in our newly renovated facilities at the biggest startup hub in the Nordics, Maria 01, in Helsinki city centre.
We expect at least 2 people of your team to relocated to Helsinki for the duration of the program to fully leverage the opportunity. You can choose who will be joining us but we require that they have decision power in order to make changes happen. We also recommend you to send different team members at different stages of the program in order to make the knowdlege transfer easier.
We’re looking for early-stage companies that are solving real problems in healthcare and people’s wellbeing. We select companies based on the team, idea, business model and the potential to disrupt global industries. We try to assess the founders’ ability to interact and benefit from interactions with our partners, mentors and community.
Our partners are our biggest asset, eager to work with innovative entrepreneurs so we look for teams that have synergies with their requirements. Ultimately we look for companies that have strong potential for collaboration with one or more of them, companies that can benefit from the platforms, distribution channels and expertise of our partners provide.
We run two programs each year. One in the fall and another one in spring. Each batch takes in 10-15 companies. Companies can stay at our space up to 6 months free of charge as well as using our event facilities.
We have a three step process, including – an online application, a video or in-person interview and a final selection event where we invite our team and partners to maximize business match from day one.
We typically respond to applicants within a few days at each stage and accept teams on a rolling basis. We try to be as founder-friendly as we can, given that we have been in your shoes and understand what it’s like to start a business.
The TOP 25 teams will be invited to the Selection Days in Helsinki where you get meet with our team, mentors and industry partners. TheTOP10-15 teams will make it to our next batch.
We don’t take equity from participating startups, but in exchange for the program Vertical receives a right of first refusal to invest in the company with a 25% discount within one year. When we do invest, we receive normal stock, which is just like founders’ stock. You maintain complete control of your company and we remain committed to make you successful. If you make a deal with one or few of our industry partners we might get a finders fee from that deal. This way we ensure that our team as interested in making things happen for you, as you would be yourself.
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