Sprint (NYSE:S) is seeking an elite group of entrepreneurs with big
ideas for improving health care using mobile technology.
Leaders of early-stage mobile technology companies from across the
United States now can apply to be in the inaugural class that will work
in the Kansas City area at the Sprint Mobile Health Accelerator, powered
by Techstars. Those who are selected will participate in a 3-month
intensive mentorship program starting in March 2014 and receive up to
$120,000 in funding.
Sprint, with a rich history as a leading-edge technology company, is
supporting this startup accelerator initiative as a way of driving
innovation at a transformational time in health care. From remote
patient monitoring to e-prescriptions to making sense of ever-growing
volumes of data, technology is poised to reduce costs, improve
productivity and increase quality in health care.
The effort also adds to the growing momentum of the Kansas City hometown
region of Sprint as a burgeoning hub for life sciences, animal health
and health technology ventures. The area already has a notable
concentration of private and university research laboratories and
hundreds of established companies in the pharmaceutical, animal health,
crop science and medical technology industries. Entrepreneurs,
innovative companies, investors and others all are coming together to
transform research and ideas into cures and innovative approaches
helping people and animals.
"Wireless innovations are helping people around the world by improving
health care, empowering people with disabilities and promoting
wellness," said Dan Hesse, CEO of Sprint. "Sprint is joining visionary
entrepreneurs with experts to mentor them in a program proven to help
startups gain traction. We eagerly anticipate the resulting wireless
innovations in health care."
Kevin McGinnis, vice president-Development at Sprint, is taking a
leadership role in expanding and strengthening the company's work with
entrepreneurial startups. He believes the Sprint Accelerator will make a
vital contribution to the region's success.
"Kansas City increasingly is gaining recognition on the national level
as an emerging entrepreneurial technology center," McGinnis said.
"Sprint has been expanding its work with startups and other ventures
that are developing intriguing innovations. The Sprint Accelerator will
act as a catalyst for growth in this market."
The Sprint Mobile Health Accelerator, powered by Techstars, will provide
entrepreneurs in this field an unparalleled opportunity to strengthen
their businesses with the guidance of leading technology experts from
Sprint, top technology companies in the area and from around the
country. At the end of the startup accelerator program the entrepreneurs
will have the chance to pitch their business plans to angel investors
and venture capitalists.
"To me, Kansas City is an obvious place that has an up-and-coming tech
community to rival other top geographies," said David Cohen, founder and
CEO of Techstars. "The presence of leaders in the mobile health care
space makes this the perfect home for the accelerator. We have been
watching Kansas City from afar, seeing it come together, and now we're
excited to join. It's great to see Sprint giving first through their
tremendous network of resources and executive knowledge. It makes all
the difference for the companies we fund through the program."
Apply at sprintaccelerator.com
The Sprint Accelerator is accepting applications now through Dec. 6.
Finalists will be notified in early January 2014 and the 3-month program
is slated to begin in March.
The focus is to help startups build the future of mobile and health care
that change the world one patient or consumer at a time.
More information is available at sprintaccelerator.com.
Techstars is known as the No. 1 startup accelerator in the world. With
seven other Techstars programs in top startup locations (Boston,
Boulder, Chicago, New York City, Seattle, London and Austin), Techstars
is highly selective and invests $120K in each company funded through
$20K in seed funding and an optional $100K convertible debt note.
Techstars is backed by over 75 different venture capital firms and angel
investors. After leaving Techstars, participating companies average more
than $1.5M in outside venture capital raised. More information is
available at http://www.techstars.com/.
Sprint offers a comprehensive range of wireless and wire line
communications services bringing the freedom of mobility to consumers,
businesses and government users. Sprint served more than 53 million
customers at the end of the second quarter of 2013 and is widely
recognized for developing, engineering and deploying innovative
technologies, including the first wireless 4G service from a national
carrier in the United States; offering industry-leading mobile data
services, leading prepaid brands including Virgin Mobile USA, Boost
Mobile, and Assurance Wireless; instant national and international
push-to-talk capabilities; and a global Tier 1 Internet backbone. The
American Customer Satisfaction Index rated Sprint as the most improved
company in customer satisfaction, across all 47 industries, during the
last five years. Newsweek ranked Sprint No. 3 in both its 2011
and 2012 Green Rankings, listing it as one of the nation's greenest
companies, the highest of any telecommunications company. You can learn
more and visit Sprint at www.sprint.com
Jason Gertzen, 913-315-1590