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TheStreet Open House

Sprint And Techstars Launch Startup Accelerator For Mobile Health

Stocks in this article: S

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.

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