Luz Saúde Reinforces Participation in Protechting
Luz Saúde participates for the third time in Protechting, a program of start-ups selection and acceleration promoted by Fidelidade and Fosun, with the purpose of supporting the development of international projects contributing to improve people protection in three strategic areas: Healthtech, Insurtech and Fintech.
The reinforcement of Luz Saúde investment in the area of Healthtech is done via Hospital da Luz Learning Health, the group’s company dedicated to the advanced training of professionals, translational research and innovation, in the areas of healthcare providing and management.
By promoting the production and diffusion of knowledge, and the latest technology and practise in healthcare providing, inside and outside Luz Saúde group, Hospital da Luz Learning Health offers the basic clinical frame fundamental for the successful development of start-ups in healthcare, potentiating their growth and thus creating value for patients.
As a result of the two first editions (2016 and 2017) of Protechting, four start-ups – EctoSense, Amiko, UpHill and NeuroPsyCad – continue to develop their projects with Hospital da Luz Learning Health, contributing to the creation and implementation of innovating solutions.
Grounded on the shared vision of Fidelidade and Fosun, that defines entrepreneurism as essential source of innovation in building future societies, the Protechting program views to promote a culture of innovation welcoming and development, facilitating access to important resources for the advancement and realization of business ideas.
For Isabel Vaz, Luz Saúde CEO, “Hospital da Luz Learning Health is a key partner in the Protechting program, ensuring and promoting connections between start-ups and professionals in the area of health”. Namely, she explains, “Hospital da Luz Learning Health collaborates with start-ups to improve the concepts that they present and intend to develop, offers the clinical frame to test new products and participates in the design and implementation of the necessary clinical trials to measure the efficacy of the developed products. After this acceleration phase, Hospital da Luz Learning Health continues to work in close cooperation with the start-ups, viewing a single purpose: to create value for patients”.
Guo Guangchang, Fosun Group chairman, stresses, in his turn, that “Protechting is a strategic project for the international consolidation of Fosun and, in a perspective of corporative social responsibility, also for supporting the development of an innovating ecosystem at global level”. “We are very pleased to work together with three of the companies that integrate our portfolio – Fidelidade, Luz Saúde and Hauck & Aufhäuser – in this program, which supports those who believe and promote a better future”, adds Guo Guangchang.
The third edition of Protechting accepts enrolment until April 30. The selection phase will be in May and the pitch day, for access to Boot Camp, will be in the beginning of June.
The three best projects of this edition will be awarded a roadshow in China, with access to some of the top world investors, also benefiting from funding up to 350 thousand Euros or integrating their business in Fosun, Fidelidade, Luz Saúde or Hauck & Aufhäuser.
The winner of the best business project will also receive a 10 thousand Euros prize money.
Increasingly positioned as an acceleration program of international reference, Protechting attracted in the first edition (2016) 133 start-ups from 24 countries.
In the second edition (2017), it involved 119 start-ups from 33 countries, three start-ups being selected as winners – Amiko, Bdeo and Visor.ai –, which subsequently competed, in China, in Protechting Innostar, an important competition dedicated to innovation, promoted by Fosun Group in partnership with Ningbo government of China.
This international competition was won by Bdeo, chosen among 13 start-ups from China, USA, Spain, Italy and Portugal.