XLerateHealth is accepting applications for its fall 2015 class. XLerateHealth is a 12-week early-stage health care company startup launched in 2013 at the Nucleus Building at 300 E. Market St. This will be third class of eight to 10 startups to go through the program.
All teams can apply for a $20,000 stipend for a 6 percent equity stake. They also get office space in NuLu for the duration of the program. The accelerator runs from Aug. 3-Oct. 29.
In a press release, co-founder and chairman Bob Saunders said, “Typically, we expect teams to consist of two to four individuals with a mix of both technical skills and domain knowledge.”
The other co-founders include COO Jackie Wilmot, Louisville Chief of Innovation Ted Smith, and lawyer Bobby Fererri. The program boasts more than 100 mentors across the U.S. and abroad.
The program combines classroom time, one-on-one time with mentors, and intensive customer discovery. Apply online here.