A local health care-focused accelerator is on the prowl for its third cohort.
SoCap Accelerate — which counts St. Elizabeth Healthcare and Northern Kentucky University among its backers — opened applications for its third class this week. The accelerator first launched in October 2020.
Applications can be submitted online and are due Sept. 12.
The program is aimed at helping health care-related companies grow and scale their businesses. Participants will be mentored on developing customers and building a product as well as marketing, legal and accounting guidance.
Unlike other accelerators, SoCap does not require founders give up any equity and does not supply funding.
SoCap is led by executive director Rico Grant, founder of CrownMob, a startup marketplace for Black haircare, and a longtime mentor of startups in the region.
Grant said in a LinkedIn post the program's 11 companies "have raised a total of $2 million, been accepted into top tier programs such as Techstars, obtained patents and classifications out the wazoo, received grants from Main Street Ventures and more."
