Opportunities for Digital Health Startups: NB Deadline Jan 31 2016

 

  1.  Finland’s Vertical VC to invest over $160K into Africa’s digital health & wellness startups
Vertical VC, a Nordic digital health and wellness startup accelerator based in Helsinki, Finland is looking to invest over 150,000 Euros ($163,440) in seed funding into Africa’s health technologies and smart life startups. The accelerator’s Spring 2016 Batch application closes in 10 days and is calling for startups from Africa and across the world to apply and be part of the program. The accelerator program is run twice a year for 4 months at a time and each time up to 15 early stage companies are selected to attend.

Apart from the $160,000 in seed capital, selected startups meet Vertical VC’s partners, have access to its  co-working space, a training program which focuses on going from minimum viable product to minimum meaningful product, organizing of financing, assistance, and connections within marketing and international product distribution and a partner network to help startups with technology, market insights, distribution and beyond.

Some of its partners include Samsung, Sonera and Ingram Micro. The application deadline is Jan 31st and applications are open for startups from Kenya and Sub-Saharan Africa.

  1. Total Startupper of the Year

In Africa as elsewhere, many young people aspire to start their own business and build a brighter future, which is why we’ve created the « Startupper of the year by Total » challenge. Ideas deserve support, especially great ones. And promising ideas deserve a helping hand.

In each of the 34 countries, “Startupper of the year by Total” jury will evaluate the innovativeness, boldness and originality of your project, along with its social and economic impact, feasibility, sustainability and potential in terms of growth, development and employment.

  1. AIA Konica Minolta Digital Health Accelerator 

The AIA Konica Minolta Digital Health Accelerator is an intensive 12-week programme designed to help entrepreneurs build and scale their business rapidly. Run by a dedicated team in Singapore, the programme supports entrepreneurs and early-stage businesses on their quest to deliver innovative solutions across the sphere of digital health. Up to eight startups will be selected to join the first-of-its kind programmethat kicks off in March 2016 in Singapore and lasts for three months.

Pays to preach?

We live in an information age. Consistency in information marketing is all important in brand creation. If it takes 10,000 hours to become an expert why not spend a few hours sharing your expertise with the world.

I live and breathe the empowerment of those in the business of healthcare in particular and small to medium enterprises in general. Why do they excite me so much? It is because they are founded by enterprising and innovative people who seek to make a social impact on their communities and often an even wider demographic.

Oftentimes risk takers are lonely people who need a people person to empathize, listen and guide. Someone to basically lead you up the garden path and give you the freedom to choose what you do from that point on.

I am such a person – a teacher and guide of sorts. God gave me a certain skill set and I give witness to him by exercising those skills that he has so freely given me.

In the last week I have seen a Pharmacist and Dentist who can attest to the power of a one on one meeting with me. Do you want to power your dreams and make a difference in our world? Talk to me on +254720297433 or email melvin@wealthinhealthcare.co.ke and schedule an appointment.

First call for  Enterprising young Women in Dentistry

It is a new year and a subset of professional young women in Dentistry want to launch out into the deep and set up their own solo or group practices or join hospital groups. Am I talking to somebody?

If you are interested give me a shout on melvin@wealthinhealthcare.co.ke or call 0720297433 and I will provide more details of a program that I run which will help you develop a business plan and be prepared to face investors and potential partners in your dream enterprise. At the end of the program there will be a business plan competition with exciting prizes for the winners.

Think big, start small, start now – call or email me stat.

Who is Dr Melvin D’lima

Dr Melvin D’lima is a Business mentor and certified business skills trainer for health care professionals. He runs a company called Wealth in Healthcare which aims to empower health workers to start and grow their private enterprises. He recently organized The Realigning Healthcare as a business conference which was held in November 2015, in conjunction with the Kenya Medical Association. He is a regular speaker at KMA ,KDA and the Kenya Pediatric Association conferences.

 

Ebola, A Nurse’s Perspective

A must read and a very good account of the thoughts of a frontline infectious disease worker.

dtolar

So a few months ago the country was enthralled with the idea of a few patients, infected with the Ebola virus, coming to the United States. Up until this point, we had been safe from Ebola due to the fact that bats can’t fly over the Atlantic. Some people were completely indifferent, while others had seen Outbreak one too many times. Most were a healthy mix, somewhere in between, but what bothered me the most was both the lack of education and the poor information that was spreading more virulently than the virus could ever hope to.

First, I want to stress that I am a nurse, not a virologist, and hopefully throughout my post you will see that I am not pretending to be one. I have a Bachelor’s in Nursing and am currently a graduate student. I have worked extensively with Infectious Disease Specialists. I have been exposed…

View original post 2,738 more words

The way forward for mature Professionals in Private Practice by Melvin D’lima

Are you in your golden years, seen your kids through college, finished your mortgage payment/s and staring retirement in the face.?

You have built up your practice steadily over the years have a sizeable number of clients in your files and can be assured of repeat work for many years to come?

But it is now time to travel, enjoy that retirement home or play social golf. Good enough but you need a residual income besides your investment portfolio and your retirement benefit plans.

This is the time to establish the value of your practice and move into a strategic role with a shareholder dividend at the end of each calendar year.

Sounds good so far? Your options are varied – but there must be an injection of new blood into the governance of your practice or new products/services/branch networks for your practice to be attractive to investors

Call 0720297433 for a chat about this.

If you can’t take the heat of competition, get the losers plate by Melvin D’lima

Many professionals don’t invest enough in upgrading their hard and soft skills and within 3 months they are out of sync with current thoughts and practices,

Every skill, every equipment and material has its use by date. Innovate or perish like the dinosaur.

Nature abhors a vacuum. Somebody else will move into the space left by your out of date Human and material resources.

We live in a global village. Professionals can and do cross borders. They can and do invest multinationally.

Local medical professionals are aghast when foreign professionals form a consortium, acquire equipment worth over US$ 2 Million and start taking away business from locals

What if these investors are also practitioners who are more experienced than their local counterparts.
Everybody in the business of healthcare must keep up the reinvestment cycle and it is not easy because every year there is something new.

Welcome to the real world of hard knocks. Do you have a strategy for upgrading Human and material resources? Need one? Call 0720297433 for a chat about this.

Private Practice Exit strategy 101 by Melvin D’lima

There comes a time in the life of a private practice when it is time to hang your coat/boots/gloves and walk into the sunset.
Will your practice, furniture and fittings have anything more than their book value (i.e after depreciation)?
Does your patient base have monetary value? The rule of thumb is that 20% or more of your patients will leave your practice when your familiar face is no longer there to comfort them.
There are many steps in actualizing a merger, acquisition, takeover or offer of an Initial Public Offering of your private practice. These procedures will all be conducted by specialist third parties including Lawyers, Accountants, Valuers, Governance and Risk compliance experts as well as others from your industry or trade.
In doing their due diligence they are going to look for a paper trail of many things on your path to wealth creation including turnover, tax compliance, creditors, debtors and others.
They will ask for your ranking in your profession in terms of quantifiable parameters. To avoid embarassment at that point you need to do something about
All practices are finite -the time to plan for your exit is now. Ready, get set, go ….
Do you need an audit of your exit preparedness? Look no further call +254720297433 now

Because every professional must practice profitably