Peach Health Technologies from Ghana selected for Merck KGaA Accelerator in Kenya for their 2017 Program.
Launched last year, the equity-free Accelerator Program runs for three months and is specifically designed for digital health startups in Africa. Two editions have been held with six startups (three each) participating.
Applications for this third edition was announced last year. Following the applications and scrutiny phases, Merck KGaA has now selected Ghana’s Peach Health Technologies to take part.
Developed during the Merck KGaA Health + Innovation Hackathon Accra, Peach Health Technologies is a mobile, cloud-based electronic medical records system for hospitals and healthcare providers in developing countries.
The platform can be used to collect, store and access the health care information of patients. Community health officers will be able to find all the information they need to detect complications in time, anywhere, at any time.
Selected alongside Peach Health is RxAll, a platform for fighting drug counterfeiting in Africa using Artificial Intelligence (AI) and Secure Data Kit, a program for data management of global health supply chains.
“We were impressed by the high number of good-quality applications we received for the fourth round of our program in Darmstadt and the third round in Nairobi, and are happy to see the worldwide proliferation of promising startups in our three main fields – healthcare, life science and performance materials,” said Michael Gamber, Head of the Innovation Center in Darmstadt.
He added, “The increasing demand for capital support for startups in the health sector is also reflected in our Accelerator applications.”
The startups will receive an equity-free financial support of up to US$30,000 and accommodation & office space in the centre of Nairobi, Kenya for mentorship and coaching sessions.
Also, they’ll get access to a global network with 50,000+ industry leaders and investors; travel & conference opportunities; and the possibility of taking part in a Silicon Valley extension program.
The program will run from March – May 2017 and will culminate in a Demo Day where the startups will pitch to potential investors and partners.