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AcexHealth: a new health start-up accelerator in Andalusia

April 30, 2021
AcexHealth: a new health start-up accelerator in Andalusia

AcexHealth, the new business accelerator specialising in the health sector in Andalusia, is born. It has been created by the Government of Andalusia, the University of Granada and the Chamber of Commerce.

This initiative was created with the aim of taking advantage of the great potential that this business sector has in the region and which brings together firms such as Biotech, Pharma, MedTech and Digital Health.

AcexHealth offers an accompaniment and mentoring programme for Andalusian companies and startups in this sector with the aim of supporting them in the process of growth, financing, scaling and commercialisation. Ten entities will participate in the initiative and the recruitment phase begins on 30 April and will run until the end of May. Andalusian companies or those wishing to transfer their operations to the region that have an innovation in the health market may participate in this call. Those interested should register on this website.

The programme envisages an initial investment of 30,000 euros, resources that will be used both to train ten participants and to help the companies themselves to find investors. It will be developed in eight thematic blocks: market analysis and competitive positioning; results and proof of concept; intellectual property; regulatory strategy; financing and negotiation strategy; business and financial plan; internal and external team; and development plan.

AcexHealth will also offer the opportunity to interact with the Boston ecosystem, one of the most important innovation hubs in the world for the biotechnology and healthcare technology sector.

There are 108 biotech companies operating in Andalusia, which represents almost 14.4% of the national biotech fabric, according to the ASEBIO report. This sector, which has a turnover of 441 million euros (2018 data), is characterised by being very stable during economic fluctuations, creates quality employment and generates wealth for entrepreneurs and investors.