OverviewTo address the pressing and interconnected challenges of global health, sustainability, and economic development, the RMZ Foundation, The CoWrks Foundry, and the Yale Institute for Global Health (YIGH) created the Sustainable Health Initiative (SHI). The mission of SHI is to improve the health and wellbeing of the people of India and around the globe by leveraging technology and local ingenuity to launch innovative start-ups for dramatic social, health, and environmental impact. Each year, the program will select and develop up to 10 innovative start-ups focused on areas of need including: infectious and vector-borne diseases; non-communicable diseases; maternal, child, and newborn health; water and sanitation; and urban health and the environment.
Seed Funding and Accelerator CurriculumSelected start-ups receive $70,000 in seed funding with an expectation that they will provide the RMZ Foundation with an up to 15% equity position in the start-ups as a term of participation. Starting in June, start-ups will be expected to commit 6 months to participation in The CoWrks Foundry accelerator curriculum. Yale-based start-ups will receive additional funding to participate in the first 2.5 months of the curriculum (June – August) in Bangalore and will complete the curriculum through weekly online recorded and/or livestreamed modules. Throughout the curriculum, start-ups will be mentored by Yale faculty and have access to a network of Indian industry experts that will serve as coaches to support the development of their idea. The program will support the start-ups in their efforts to secure funding beyond their initial phase.
Eligibility and Requirements
This Award is open to teams of up to 3 individuals, including Yale faculty, students, and alumni. Applications must be submitted by April 5, 2019. Key criteria for selected proposals include:
- Impact: How much difference will the startup make in improving health?
- Burden: Will it address a pressing health challenge?
- Feasibility: Can it realistically be developed and deployed?
- Knowledge Gap: Does the technology advance health by creating new knowledge?
- Appropriateness: Will it be affordable, robust, and adjustable to the health care settings in India and other developing countries, and will it be socially, culturally, and politically acceptable?