Join our results-driven open innovation program designed to connect you with the international health and insurtech community
Don't miss out on the chance to showcase your startup at WebSummit Lisbon 2023!
New insurance technology designed to improve customer experience.
/Digitalization and Automation
/New Business Models
Technology-enabled healthcare products
/Prevention & Early Diagnosis
/Patient Care & Health Management
/Wellness & Lifestyle
INSURANCE AND TECH-ENABLERS
Innovative tools, platforms, or technologies that facilitate and drive digital transformation, enhancing efficiency, productivity, and customer experience.
/AI, Machine Learning & Web
/IoT and Data Management
Sustainability is at the core of Protechting’s action, so it will be transversal through the program’s tracks.
Why should startups
Unique opportunity for ambitious entrepreneurs to supercharge their startup's growth.
UP TO €60K
Benefit from up to €60k backing to launch selected startup pilots.
Join for 3 days our startup island, network and meet with investors and potential customers.
Connect with our VC Partners: Shilling VC and Big Start Ventures.
Foster collaboration and cooperation across borders with others startups and partners.
Showcase and present your innovative solutions to potential investors, industry experts, and influential stakeholders.
Access to historical and
real-time database, compliant with current legislation, with more than 7 million active clients.
Access to bootcamps with strategic support & professional assistance.
Mentorship sessions with top insurance and health experts.
ROADSHOW TO CHINA
Embrace a unique chance to be part of our innovation journey to China, and discover potential partnerships waiting just for you!
Guiding you through this journey
Until 8th September
Up to 08 Startups
8 Oct to Nov 2023
Jan’24 - Apr ’24
Ready to join our exclusive
Open Innovation program?
Follow these simple steps:
Click “Apply Now” to access our online application form and complete the form with your startup information. Submit your application before the deadline: 8th September.
Shortlisted candidates will be invited for an interview.
Successful applicants will be notified and invited to join the program.
Who are we looking for?
Have a minimum viable product or prototype to be tested
with at least one
of the co-founders
working full time
Committed to participate in all remote and in-person moments of the program
For more detailed information about the program, please visit: terms and conditions.
Our industry experts
This intensive program is looking for new solutions worldwide in Healthtech and Insurtech, always guaranteeing that the global innovation process is sustainable and collaborative based.
Answers to Your Burning Questions
1. What is Protechting?Protechting is a dynamic open innovation program jointly led by Fosun, Fidelidade, Hospital da Luz Learning Health, and powered by Fábrica de Startups. This transformative initiative is specifically tailored to foster innovation for healthtech and insurtech. By connecting exceptional startups with its partners, Protechting creates unparalleled opportunities for collaboration and growth.
2. What does Protechting have to offer?- Opportunity to co-develop funded pilot projects along with partners from all over the world. - Opportunity to attend Web Summit 2023 in Lisbon, including a booth at our startup island and individual pitch practice to ensure you take full advantage of the event. - A program focused on pilot development, access to funding, product development, sales and marketing, amongst others. - Access to international players in Insurance and Health. - Access to the program partners’ different geographies. - Networking and partnerships with the program’s selected partners. - Feedback and mentorship from experts in the program’s areas of focus.
3. In which stage should startups be in order to apply?We’re looking for startups that have at least an MVP, ready to proof of concept.
4. In what language will the program be conducted?Protechting’s official language is English. This is an international program, with international partners and looking for worldwide startups.
5. Where will the program take place?Protechting 6.0 will be hybrid. Until the end of October 2023 all the program will be held online. After the "Online Pitch", there will be a selection of the Top 8 Startups that will attend Web Summit in November. After Web Summit, startups may meet in-person with project teams.
6. How many members of the team can be involved in the program?We encourage that a team participates with a minimum of 2 (two) and a maximum of 4 (four) elements.
7. Do you take equity in the participating startups?Protechting is a pilot-focused program that aims to foster collaboration between startups and corporates, therefore no equity is taken.
8. What are the selection criteria to participate in the program?The selection process, led by Fábrica de Startups in collaboration with a jury comprising our partners, is designed to meticulously assess various aspects of your application. A team of evaluators will be focusing on your product, team, market, business model and fit with each partner. Each track of Protechting assumes a Sustainability mindset, that is present throughout the whole program. Although not mandatory, a sustainability approach could give your application a boost while being evaluated.
9. If my startup is selected, what are the next steps?Once your startup successfully completes the initial online application process, a pre-selected group of startups will have the opportunity to participate in the Online Pitch. The startups with better performance at the online pitch and that shows more alignment with the purpose of the program will be invited to join the intensive Bootcamp, where their potential for partnership alignment will be further evaluated. Finally, the startups that exhibit the strongest fit with our partners will move to the Piloting Phase.
10. Can I apply with more than one startup?Yes, definitely. You can apply with as many projects as you believe would fit and benefit from the program. Each startup will require its own application.
11. Can I apply to more than one track?Yes, indeed. You can apply to both the Insurtech and Healthtech tracks.
12. What is the program cost?The program is free of charge for the startup participants.. There are no costs associated with participating in this program. There is also no equity taken.
13. Is accommodation provided during the program?A: Accommodation is not included, but we can assist you in finding suitable housing in Lisbon.
14. Can I apply if I’m not based in Lisbon or Portugal?A: Yes, we welcome and encourage applications from startups worldwide.
15. What kind of mentorship can I expect from the program?A: Our mentors are experienced professionals from the insurance and healthcare industries, as well as successful entrepreneurs, investors, and subject matter experts. They will provide guidance, insights, and feedback to help you refine your business model, develop your product, and grow your startup.
16. When does the program start, and what is the deadline for applications?A: The program begins on 20th September 2023. The application deadline is 8th September 11:59pm (CET Time). We encourage you to apply early, as spots are limited.