Overview

Innovate Health Tech NYC invites software and hardware developers and other innovators living or working in New York City to create new commercially viable technologies that solve urgent health care problems. Individuals, teams, and companies with 10 or fewer employes can compete, and will be required to demonstrate a functioning prototype of a pre-commercial technology in their submission. Technologies may include, but are not limited to, healthcare analytics tools, clinical workflow management tools, mobile health applications, and wireless health monitoring devices. Contestants are encouraged, but not required, to address healthcare priority areas identified by New York City.

The technology included in your submission must not have been sold or licensed commercially prior to the start of the submission period, without having undergone substantial updates (after January 28, 2013).

To get started, check out the basic requirements (for more information see the Official Rules and the FAQ page):

• Eligibility Requirements
• Technology Requirements
• Priority Areas 
• Submission Requirements

After the submission period, a panel of judges will review all eligible submissions and select nine finalists; the public will vote for one additional finalist to determine their favorite. All 10 finalists will be invited to present their health tech innovations at a Demo Day with leaders from the technology, healthcare, and venture capital community. Finalists will be provided with a three-part coaching session to prepare for their Demo Day presentation. Based on submission materials and the live Demo Day presentation, three winners will be selected to win cash prizes totaling $50,000.

Background

New York City is an emerging hub for innovation in healthcare technology. Innovate Health Tech NYC is an initiative of the New York City Economic Development Corporation and the Bloomberg Administration, developed in partnership with Health 2.0, StartUp Health, and ChallengePost. The goals of Innovate Health Tech NYC are to: 

• recognize the best emerging healthcare technologies by NYC innovators
• spur the creation of NYC-based healthcare technology companies and jobs; and
• address urgent needs in healthcare.

$50,000 in prizes

1. Create an account or log in with an existing ChallengePost account.
2. On InnovateHealthTechNYC.com, click on the Register button to confirm your interest in participating. This step ensures that you will receive important challenge updates.
3. Create a functioning software solution and/or hardware prototype that meets the requirements listed in the Official Rules.
4. Visit the Submission Requirements page for info on what is required on the submission form.

• Quality of the Idea
  Includes creativity and originality.
• Quality of User Experience
  Includes design, visual aesthetic, and ease of use.
• Potential Impact
  Includes the potential impact on an urgent healthcare need.
• Commercial Potential
  Includes feasibility of distribution to target users, scalability, and potential demand.
• Quality of Team
  Includes experience of team members, prior successes and capacity of the team to execute and bring the technology to market.
• Potential for Impact on NYC
  Includes the potential impact on the creation of NYC-based healthcare technology jobs.
• [Finalists Only] Presentation Quality
  Includes clarity and persuasiveness of the Demo Day presentation and technology demonstration.