Startupbootcamp Chooses Miami For First U.S. Accelerator

By Nancy Dahlberg
The Miami Herald.

Startupbootcamp, Europe’s largest business accelerator operating in eight countries, will launch its first U.S. program in Miami, with $2 million in support from the John S. and James L. Knight Foundation.

The organizations will announce Monday that the Miami program will focus on supporting and scaling startups in digital health, building on both the city’s reputation as a center for healthcare and life sciences and its position as a launchpad into Latin America.

Startupbootcamp operates 10 accelerators across Europe and one in Singapore — each focused on an industry suited to the location — and has been actively looking to expand into the United States, said Alex Farcet, who founded Startupbootcamp in Copenhagen in 2010. Since then, Startupbootcamp has supported 290 startups, of which over 70 percent have received an average of $660,000 in funding and together have created 1,160 jobs.

After three trips to Miami in the past three or four months, Farcet was sold on South Florida. “It just feels like the right time. We think we are in the sweet spot of being early but not completely pioneers. Miami itself and the health focus, access and visibility with Latin America, the support of the Knight Foundation — a lot of things came together that felt right,” Farcet said. “Miami is ready, and we are ready for Miami.”

Farcet said Startupbootcamp will put its proven accelerator and mentorship model to work helping to find, support, fund and grow 30 digital health startups over three years. Startupbootcamp Miami will invite entrepreneurs from across the globe to apply; 10 companies per year will be selected to participate in the three-month program. Applications will be due Feb. 1 and the first program will begin next spring; entrepreneurs can find more information and apply at https://www.f6s.com/startupbootcampdigitalhealthmiami2016/apply.

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