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Possibly dormantWe could not confirm a recent or upcoming cohort. It may have paused or wound down. Verify before applying.VerifiedChecked against the program's own website or official documents.

1501 Health

HealthTech & MedTech · Run by Healthworx (CareFirst BlueCross BlueShield) and LifeBridge Health · Baltimore, MD

Verified Jul 22, 2026Official websiteHow to apply

Every field is checked against a primary source where we can. How we verify.

The facts

All fields verified Jul 22, 2026
Terms model
Equity for cashInvests cash in your company and takes equity (an ownership stake) in return.
Investment
up to $125,000
Equity taken
Not publishedYear-long incubation + investment program: up to $125k per startup paid quarterly on progress, invested either on the terms of a concurrent priced/lead-investor round or via a standard SAFE (equity % therefore varies; null). Site fetched July 2026 still says 'Applications are Currently Closed' referencing the 2023 cohort; latest cohort announcement found was cohort 3 (Feb 2023, 8 startups). DEADLINE/STATUS NOTE: Marked possibly_inactive: no cohort announcement found after Feb 2023 and program site references the 2023 cohort as most recent; could not confirm a 2024-2026 cohort.
Program length
52 weeks
Format
Hybrid
Location
Baltimore, MD
Cohorts per year
1
Cohort size
5-8
Stage focus
early-stage healthcare
Sub-vertical
Not published
Demographic focus
Not published
Backers
CareFirst BlueCross BlueShield, LifeBridge Health
Notable alumni
Not published

Terms notes: Year-long incubation + investment program: up to $125k per startup paid quarterly on progress, invested either on the terms of a concurrent priced/lead-investor round or via a standard SAFE (equity % therefore varies; null). Site fetched July 2026 still says 'Applications are Currently Closed' referencing the 2023 cohort; latest cohort announcement found was cohort 3 (Feb 2023, 8 startups). DEADLINE/STATUS NOTE: Marked possibly_inactive: no cohort announcement found after Feb 2023 and program site references the 2023 cohort as most recent; could not confirm a 2024-2026 cohort.

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Terms in plain English

1501 Health is a year-long incubation and investment program in Baltimore run by Healthworx (CareFirst BlueCross BlueShield) and LifeBridge Health. Its published deal is up to $125,000 per startup, paid out quarterly based on progress, invested either on the terms of a concurrent lead-investor round or via a standard SAFE, with no exclusivity and no restrictions on future fundraising. The time commitment is light, a few hours a month of events and meetings. Note that these are the terms from the last active cycle; the program has not announced a new cohort since 2023.

Who this is actually for

Early-stage healthcare startups that want payer and health-system partners in the mid-Atlantic, particularly those who could pilot with CareFirst or LifeBridge. Because no cohort has run since 2023, do not build your fundraising or pilot timeline around this program without confirming directly that it will run again.

Application windows

No application window is on record for this program yet. Check the official website for the next cohort.

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Guides that explain these terms

Plain-English mechanics, with worked hypothetical numbers.

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Sources

Everything above was checked against these, verified Jul 22, 2026.