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ActiveVerifiedChecked against the program's own website or official documents.

Northwestern Medicine & Techstars Healthcare Accelerator

HealthTech & MedTech · Run by Techstars · Chicago, IL

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
$220,000
Equity taken
5% minimum (5% common via CEA plus uncapped SAFE)
Program length
13 weeks
Format
In person
Location
Chicago, IL
Cohorts per year
1
Cohort size
Not published
Stage focus
early-stage healthcare
Sub-vertical
Not published
Demographic focus
Not published
Backers
Northwestern Medicine
Notable alumni
Not published

Terms notes: 3-month in-person Techstars accelerator with Northwestern Medicine (2026 class announced). Investment amount/equity not confirmed on a primary page I fetched (aggregator page did not state terms); Techstars standard is $220k, but left null per verification rules. Focus: patient experience, physician efficiency, precision medicine, digital therapeutics, health AI. DEADLINE/STATUS NOTE: March 2026 cohort deadline was Nov 19, 2025 (passed); 2026 class announced. Next application window (for 2027 cohort) expected ~Aug-Nov 2026 but not yet published, so next_deadline null.

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Terms in plain English

Techstars invests $220,000 in each selected company: $20,000 in exchange for 5% common equity under a post-money convertible equity agreement, plus $200,000 via an uncapped SAFE with most favored nation terms, with Techstars receiving a minimum of 5% equity overall. The program is a roughly three-month, in-person accelerator in Chicago, hosted at Northwestern Medicine's Mansueto Innovation Institute, with mentorship from Northwestern Medicine physicians and healthcare leaders. Cohorts are small, around six companies.

Who this is actually for

Early-stage healthcare startups working on patient experience, clinician efficiency, precision medicine, health AI, robotics, or digital therapeutics that want a major health system as a hands-on partner. You need to be able to work from Chicago for the three-month program.

Application windows

  • 2026 class (program March-June 2026): Opens Aug 25, 2025, closes Nov 19, 2025.

    Verified date not recordedSource

  • 2027 class, applications expected to open late August 2026: Timing expected, exact dates not yet confirmed.

    Verified date not recorded

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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.