- I HAVE A GOOD IDEA, BUT HAVE NO HEALTHCARE EXPERIENCE. IS THIS PROGRAM RIGHT FOR ME?
Yes, definitely. Our goal is to bring diverse perspectives into healthcare. Don’t worry about the healthcare background. We’ve got that part covered. Bring your expertise in engineering, business, design, analytics, etc. and we’ll pair you with clinicians and administrators at Mass General to help you understand needs in healthcare and how your solution would best be implemented in a very complex clinical setting.
- WHAT STAGE SHOULD OUR IDEA BE IN?
Generally speaking, we want early-stage projects/ventures at the prototype stage. Co.Create aims to take these young, high-potential solutions and provide mentorship and support during ideation and solution design.
- WHO ARE WE WORKING WITH AT MASS GENERAL and MIT?
At MGH, you will be working directly with the Healthcare Transformation Lab (HTL). HTL’s mission is to improve the experience and value of healthcare through collaborative innovation. We have three main focus areas — open innovation, digital health, and technical and use case validation studies of emerging technology.
HTL will be your hub into the hospital and will facilitate introductions to clinicians and resources you will need both at MGH and externally in the Boston innovation community. In addition, HTL will provide you with a project management team for your group. Go to them for anything you need. They’ll help you navigate what would otherwise be a very complex web,
Regarding MIT, one of the core partners of the Co.Create program is MIT Hacking Medicine. They will be happy to tap into their diverse and experienced network across the Boston innovation community to connect your team with the specific mentorship that it needs in areas such as engineering, policy & regulation, and business.
- HOW DO I APPLY?
Submit your application on our website under the “Apply” tab.
- HOW MANY TEAMS WILL YOU SELECT?
We plan on selecting between 1-3 teams to participate in this first term.
- HOW MANY IDEAS CAN WE SUBMIT?
Submit as many ideas as you want!
- WHAT IS THE JUDGING CRITERIA?
Judges will base their decision broadly on the following:
- Need/pain point: How far-reaching is the problem being addressed? How much does this problem impact the patient experience? How much of a resource drain is this problem?
- Proposed solution: How well does the solution solve the problem? How “innovative” is this idea?
- Implementation: How feasible is this idea? Can it realistically be implemented in the hospital in targeted patient populations?
- Overall impact: How sustainable is this idea? Can the solution be scaled? Will successful implementation transform healthcare?
- “X” Factor – Are we drawn to the idea based on gut instinct?
- HOW DOES IP WORK WITH THIS PROGRAM?
We understand that IP ownership is a big deal. We are working very closely with Partners Innovation to come up with policies that will promote the translation of the project teams into venture-backed startups. MGH and MIT have a long history of successful collaboration, and we will explore using some of the policies around those collaborations for Co.Create.
We hope that you work very closely with our mentors to develop solutions that are sustainable and not worry about the IP around the solution. We will go over IP rules with winning teams before they are formally accepted into the program and several more times throughout the program so that everyone is on the same page regarding what IP ownership will specifically look like for their team.
If you have any concerns about this before applying, please email us at email@example.com, and we can make sure that we address any questions you have.
- DO YOU TAKE EQUITY IF WE’RE BEGINNING A STARTUP AROUND OUR IDEA?
No, we don’t take equity. We just care about is moving healthcare forward with your idea and setting you up for venture success after you leave the program.
- IS THIS PART OF A CLASS AT MIT OR A FELLOWSHIP?
No, Co.Create is not a class or a fellowship. It’s meant to be something you do outside of your classwork, either because you want to further a really cool idea you have or because you want to get an incredibly valuable jump-start to starting a new healthcare venture. You can choose to list it as work experience as a “Co.Create Transformer” at the Mass General Healthcare Transformation Lab.
- WHAT KIND OF TIME COMMITMENT IS REQUIRED?
The program will run until the end of the spring semester. We have a few things that will be required of you during this time, but we think they’re things you’ll want to do anyway. The first will be one-hour weekly check-ins with the project management team. These meetings are meant to help you with any problems you might have and to connect you to the right people in the hospital and externally. The other commitment is that you’ll be required at the end of the program to present the great things you’ve done to senior-level executives at MGH and the mentorship community. It’s our version of a “Demo Day” that accelerators typically hold, and it’s an invaluable opportunity for teams to get visibility and traction with senior-level Mass General executives and leaders in the Boston innovation community.