Challenges of HealthTech

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Hey Everyone,

We are back with a special Lean Startup Melbourne!

For this special installment of Lean Startup Melbourne we will be exploring the challenges that HealthTech startups face. We got some insight into the process of becoming a founder during our last meetup. That night showed us that there is a lot of variation in everyone's journey.

Founders of HealthTech startups in particular face different (and more challenging?) obstacles than other founders. To celebrate Slingshot and HCF partnering up to deliver a HealthTech focused accelerator program and addressing this issue, we will be exploring what kind of challenges founders of HealthTech face and how they have addressed those.

It will be a valuable night full of insights!

We'll be hearing from:

• Jarrel Seah (
Co-founder Eyeneamia

• Phil Goebel (
Co-founder Quanticare

• Leonore Ryan (
Co-lead Cardiac Rehab Solutions & Executive Manager CSIRO

• Craig Lambert (
Co-founder Slingshot Investments


HCF Catalyst is a three month accelerator program designed to take your health tech business idea and develop it into a profitable company as fast as possible.

To put it simply, here’s how the HCF Catalyst ‘Startup Accelerator’ works.

• Your Startup company aligns with one of our themes (

• You apply for the program

• If your Startup is shortlisted, you pitch to our team of investors and HCF management December 1 in Sydney.

• If your Startup is successfully accepted, you will join other successful Startups for an intensive 12 week accelerator program where we provide you with $50,000 investment to build and develop your minimum viable product (MVP)

• You present your company and MVP at our Demo Day event where investors, media, other companies in the health tech space and the Startup ecosystem are present.,

• Your company is set and ready for an investment or a potential commercial agreement with HCF.

In addition to the Startup accelerator, we are also running a Scaleup ( program for companies who have passed the initial startup phase and are ready to scale up to the next level.


And as usual, this event wouldn't be possible without our generous sponsors:


Slingshot (, which develops and manages leading corporate accelerator programs, has now partnered with HCF (, Australia's largest not-for-profit health fund, to launch HCF Catalyst, Australia’s first corporate-supported accelerator aimed at startups in the health tech space.

The program is open to Startups who are looking to turn their innovative health tech idea into a profitable business. Successful Startups accepted into the program will receive an initial investment of $50,000 in exchange for 10 per cent equity and the opportunity for second-round investment of up to $100,000 from the Slingshot Venture Fund.

There is also a Scaleup program for established startups to gain access to a large audience to grow their business.

For further details on the program, visit


The Wade Institute is an immersive learning environment and location of the University of Melbourne’s Master of Entrepreneurship.

Our role is to attract individuals with a passion for entrepreneurship and to unlock their capacity to perform at their highest level.

Not your ordinary learning centre – the Wade Institute offers a malleable floor space where students can create anything from a customer lab to an open plan co-working space to achieve the results their businesses need. With state of the art technology and 3D printing this is a space to create, make and innovate.

Come and talk to us at Lean Startup Melbourne on 27th October.

Ready to learn more? (


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SoftLayer was founded in 2005 and is headquartered in Dallas, Texas. We were acquired by IBM in July, 2013.

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Bluechilli are a fantastic company who have just started making investments in Melbourne. A combination of a VC, Digital Agency, Incubator and Accelerator, they are keen to partner with sales and marketing focused startup founders on their technology builds.

So if you have a great idea but no tech founder, hit em up! You can check them out online: Bluechilli (