Frequently Asked Questions
If selected, how much of my proposal will be funded?
PILOT Health Tech NYC will provide up to $100,000 in funding for each selected pilot program with the following parameters: 1) each selected winner will receive no more than 50% of the cost of an individual pilot program, and 2) the host/innovator pair is responsible for providing funding or in-kind resources for the remainder of the budget, which must be of equal or greater value than the amount awarded. If selected, the two parties are free to decide how the PILOT Health Tech NYC funding will be allocated between host and innovator. The budget submitted as part of the application should be an accurate representation of the cost of the pilot program.
Who can apply to PILOT Health Tech NYC?
Any NYC-based pair of 'innovator' and 'host' can apply jointly to PILOT Health Tech NYC. The 'host' must be an organization or individuals providing healthcare services and must be able to allocate resources to plan and implement the pilot project. The 'innovator' must have a readily available tech-based product focused on improving healthcare and fewer than 50 employees and less than $10M in funding. Only joint 'host' and 'innovator' applications will be accepted. Please see eligibility requirements here.
What are the benefits of this program?
10 pilot projects will receive up to $100,000 each to be distributed between host and innovator. The winners will also receive pilot planning and implementation support, two workshops on topics to be determined by a survey of needs (e.g. regulatory issues, standards), and participation and promotion in major health events and conferences. In addition, selected winners will gain public exposure and access to key professionals, tools, and data within institutions that can help shepherd the pilot project. Please see prizes and perks here.
I am an innovator -- where do I find a host to pilot with?
If you are an early-stage healthcare technology company or 'innovator,' you can find a host by filling out the 'Find a Pilot Partner' form by Sunday, February 10, 2013. Hosts will select which companies they are interested in piloting with and we'll reach out to the companies that are selected by hosts for roundtable discussions at the matchmaking sessions.
If I find a host or innovator on my own, can I still apply?
Yes, you are not required to go through the matchmaking process through the PILOT Health Tech NYC program. We encourage you to email us indicating your intent and require that you submit a joint host/innovator application in order to be eligible.
If I don't get selected during a matchmaking session, what should I do?
If you do not receive a match, we still encourage you to find a potential host organization using your own network and submit a joint proposal by the May 27th deadline.
I already have an established partnership with a host for a pilot that is launching in 2013. Can I still apply?
Check with us just to be sure by contacting info@pilothealthtechnyc.com. But in general, yes!
If I want to do a pilot project with more than one host or innovator, what should I do?
Both 'hosts' and 'innovators' are allowed to submit more than one pilot proposal with different partners. However, each pilot proposal submitted must be significantly different from one another in order to be eligible. For example, an 'innovator' cannot submit the same pilot proposal using all of the same products with several different 'host' organizations, and vice versa. Each joint proposal must be unique in its own way.
Who gets to keep the funding from the PILOT Health Tech NYC program?
PILOT Health Tech NYC will provide up to $100,000 in matching funding to 10 winning applications. The 'host' and 'innovator' are free to decide among themselves how to allocate that funding.
How is PILOT Health Tech NYC different from existing NYC incubators and accelerators like Blueprint Health, Startup Health, and the Digital Health Accelerator?
PILOT Health Tech NYC is neither an incubator nor accelerator, but rather a program that focuses on the commercialization and dissemination of innovative health technologies. PILOT Health Tech NYC seeks to connect a large number of early stage health technology companies with a diverse set of New York City-based healthcare service organizations to support the creation of new pilot projects. The program offers up to $100,000 in grant funding per pilot project, with no equity required for participation, to support technology development by the innovation and offset the costs of support and implementation by the host. The 'host' and 'innovator' are free to decide among themselves how they want to split the $100,000 in funding.
Can 'innovator' companies based outside of NYC apply to PILOT Health Tech NYC?
Yes, 'innovator' companies based outside fo NYC can apply to PILOT Health Tech NYC. However, if the company is selected as a winner, it must demonstrate how it plans on establishing a substantial presence in NYC. 'Innovators' will be asked to demonstrate their plan in the application forms.
Please note, however, 'host' organizations must have a substantial presence in NYC in order to participate.
Are 'innovator' companies required to pilot with only the 'hosts' listed on the website?
Absolutely not! As long as the host is an NYC healthcare service organization and meets the host eligibility criteria, 'innovator' companies are welcome to apply with hosts not listed on this website.
Other questions? Email info@pilothealthtechnyc.com.