Frequently asked questions
The acceleration program consists of two phases. The first is a pitch and working session at the DayOne Conference on September 9th, 2019 for the 15 selected ventures. After this phase the ventures will complete a final application for the second phase. The second phase of the acceleration program will last 6 months, from January 2020 to June 2020. Four ventures will make it to the second phase.
All activities will take place in DayOne lab in Basel. DayOne is an initiative operated by BaselArea.swiss, the office for promoting innovation and inward investment for the northwest cantons of Basel-Stadt, Basel-Landschaft and Jura. The ventures will receive grants of up to 50,000 CHF to be paid in tranches during the program based on approval of workplans and estimation of need. A portion of this, up to 10,000 CHF may be used to pay for coaching and other activities during the program. The ventures will get free use of creative workspace in the DayOne lab during the accelerator program. The program will consist of tailored activities that will give the ventures a chance to learn from experts and potential future customers from within the DayOne network, as well as other Accelerator participants, as they further develop their product or service.
We are looking for projects which are developing new approaches to improve the wellbeing and health of children and young people around the world. We are looking for ventures that address challenges of diagnosis, treatment and prevention as well as patient and carer communication and management. We further support solutions that boost healthcare workers as we believe they will help to make the system more sustainable and increase equity and access.
The program welcomes healthcare innovators, start-ups and entrepreneurs as well as intrapreneurs willing to accelerate their project outside of their corporate environment.
Ventures will be selected based on their ability to make an impact on problems affecting children and young people and which strive to;
Yes! We strongly encourage applications from LMIC and emerging markets. We believe that all five elements of the program can help and also that the experience of combining the experience of entrepeneurs with different perspectives is extremely valuable. The Basel ecosystem is a great place for ventures to test entry into the European market if that is a goal. Or if looking to scale globally in the LMIC context there are experts from the Swiss Tropical and Public Health Institute, University Basel, Impact Hub, Foundations as well as commercial groups with similar interests. We have experience of tailoring coaching to a variety of backgrounds and company stages and believe that together with our ventures we can jointly learn how best to help. Global funding customers such as WHO or FIND are also only a short train ride away in Geneva. Space in the creative workspace of the DayOne lab and the non-dilutive funding is of course applicable to all. We look forward to receiving your application. If you have any questions, please contact Douglas Haggstrom.
Applications can be made through the online application up-to the deadline: July 26, 2019. The DayOne team will make a shortlist of approximately 30 ventures, after which a selection committee of independent experts will select approximately 15 teams to pitch and work with experts at the DayOne Conference on September 9, 2019. The independent experts will include clinicians from the University Children’s Hospital Basel. The fifteen teams will then be invited to submit the final application material by September 27, 2019. Where the teams will have the opportunity to present more in-depth details of their innovation and highlight the next development milestones and their needs. In October, the selection committee will select the ventures that will be invited to join the second phase. There is a target of four ventures to be selected.
We will not support basic research, therapeutic molecule discovery projects, or drug development projects (e.g. clinical trials of therapeutics). If you are not sure if your project will fit the criteria, please reach out to us by email.
Yes. The acceleration program will be 6 months of intense, hands-on activities and events to sharpen your product and business model for market fit. The team’s physical presence in Basel will enable you to derive the most benefits. We recommend the establishment of an entity in the Cantons of Basel-Stadt, Basel-Landschaft or Jura so that you can benefit from all the services of BaselArea.swiss and other funding institutions during and after the program. The incorporation of a Swiss entity for non-Swiss applicants opens up significant opportunities for local funding and collaboration during and after the program. The incorporation of a swiss entity is also likely to increase the ease with which you can attain a work-permit.
If you live outside of Switzerland, and want to reside for longer than 3 months in Basel, you will require a permit. If you are an EU or non-EU national, you may want to write to the office directly to learn what you need for entrepreneurial work status in Basel at: firstname.lastname@example.org. ch
You can consult this website for more information:
Selected support will be provided to ventures to cover part of their costs for travel and accommodation at the DayOne conference. This will be at the discretion of Baselarea.swiss.
Yes. A member of your team will have to attend the DayOne conference to be eligible for the second phase. You will have to pitch in front of the audience and then work with those members of the audience who select your project to work on. There will also be optional activities on the day before and after the conference, these will be shared with the selected participants.
Fondation Botnar is a Swiss foundation established with the core purpose of improving the health and wellbeing of children and young people in growing secondary cities around the world. To achieve this, Fondation Botnar acts as a catalyst, connecting diverse partners and investing in solutions that leverage artificial intelligence (AI) and digital innovation. For more information visit: www.fondationbotnar.org.
BaselArea.swiss promotes innovation and inward investment for the northwest cantons of Basel-Stadt, Basel-Landschaft and Jura. The core function of BaselArea.swiss is to promote the strengths of the Basel region as a centre for business and to support both Swiss and foreign entrepreneurs and companies in the implementation of their innovation and business projects in the region. BaselArea.swiss maintains a network of innovators and experts and provides customers with access to knowledge and support. Since 2019 BaselArea.swiss has been responsible for the management of the Switzerland Innovation Park Basel Area. www.baselarea.swiss
DayOne was started in 2016 by a group of industry experts and is an initiative managed by BaselArea.swiss with special funding from the canton of Basel-Stadt. It is DayOne’s mission to create a world-leading hub for healthcare innovation built on the strengths of the Basel region. Its focus is on precision medicine that is understood as the convergence of diagnostics, treatment and digital health. The activities of DayOne aim at shaping an innovation ecosystem that through collaboration across disciplines and industries will have a strong impact on the future of health worldwide. www.dayone.swiss