Frequently Asked Questions

Got A Question About HS.Build? Check the FAQs Below

HS.B1 Late Application Deadline 01/02/18
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  • Where is HS. based?

    We’re based in London in the UK. The UK has the largest healthcare system in the world together with one of the best healthcare training systems. If you can make it in health or healthcare here you can make it anywhere.

  • Do I need an idea, team or startup experience to apply?

    Nope. We are unique in that we are focussed on exceptional individuals and early-stage teams with a passion for health startups. We look for talented individuals with coding, technical, business and health backgrounds that are the sort of people who have lots of ideas but haven't necessarily found the right idea yet and haven’t been able to find the right co-founder to work towards an idea much bigger than themselves.

  • What do you consider ‘health startups’? I’m not sure my idea fits into this?

    We love everything to do with both health and healthcare. Healthcare focuses on primary, secondary and community-based care and is primarily concerned with current hospital and community health systems that look to provide care to patients and the community. Within this is a huge range of opportunity from designing a medical device, to creating a software system for hospitals to creating an AI that helps elderly people at home.
    Health encompasses even more and includes fitness, well-being and consumer products that look to improve the health of individuals. More broadly public health startups such as ways to improve sanitation in the developing world or to improve the efficiency of humanitarian projects are fantastic.
    If you are not sure where your idea fits (remember you don’t need an idea to apply) feel free to drop us an email.
    We also offer some 'Wildcard' entries, meaning that if your idea or solution doesn't fit directly into health or healthcare but we see a benefit we will take you on.

  • Do I need to be a PhD, programmer, have industry experience to apply?

    We select outstanding individuals from lots of different backgrounds. Real-world industry experience is helpful but we live in a time when teenagers can create billion dollar tech startups and we are truly focussed on bringing together the best group of individuals possible to work on something special.

  • We already have a team. Can we still apply?

    HS.Build is focused on creating the foundations of a successful company. If you have a co-founder and idea but lack sales, contacts, customers, networks, a use case or just plain need some help we'd be happy to hear from you.
    We understand that the team is the most important part of any startup and we'll challenge your idea to ensure it and your business plan are sustainable in the long term and offer the maximum ROI possible.
    Any successful early-stage startup teams will enter into a bespoke HS.Build programme focusing on their needs. You'll start further down the programme and be meeting customers and investors sooner. Depending on your stage and goals we'll put a plan in place so that you receive maximum benefit.
    If you are further along in your journey and already significantly commercially viable you might wish to check out HS.Scale, if you are somewhere in between or we don't feel we can help you we'd be happy to recommend and intro you to some of our favourite traditional accelerators.
    When reviewing teams we look at the individuals involved and choose those we think we can help exponentially.

  • How should we apply as a team?

    We are all about talent and founders behind teams. If you are applying as a team the founders (those with >25% equity in the company) should each submit applications.
    You can add your team members in the references box at the end of the app.

  • When is the application deadline?

    HS.Build has set application deadlines for each new cohort. Application deadlines are typically 1-2 months before the start of a new build cohort.
    For the latest deadline head over to the Apply page.

  • What equity do you guys take?

    We take 4% equity of any startups successfully built through the programme. The HS.Build programme fee is waived for individuals who successfully apply and the 4% means that we are part of your startup team from day one and invested in helping you to succeed. The 4% equity only triggers when your startup successfully raises a seed round and we also have the option to invest in the most promising startups at this stage too.
    Advisor and NED equity is typically around 0.5-2% which is why we feel the benefits of HS.Build and the HS.Ecosystem reflect a fair deal.

  • What do we get?

    We look to add exponential value to both you as an entrepreneur/individual and to your startup.
    We put together teams that could not otherwise be made and through mentoring sessions set your team up from the earliest stage possible to succeed in health and healthcare. We’ll save you time and help you to navigate key hurdles for health and healthcare startups.
    On top of this our brand team works with you from day 1 and is essentially part of your early stage startup during the programme. This includes helping you develop a brand, website, marketing strategy and much more.
    You'll also be part of the HS. Ecosystem for life which includes invitations to private events, alumni networking, spots at the HS. Awards and Xpo together with ongoing support from our mentors and partners.

  • Do I get any investment?

    We feel that the best startups begin with bootstrapping from the earliest stages. We don’t provide any initial monetary incentives but actively help you gain funding, customers and provide you with the HS.Build platform to learn and grow. If you are just applying for investment you have probably come to the wrong place.
    We can invest or co-invest in the best startups following the HS.Build programme and reserve the right to do so.

  • What is so special about the HS. Programme?

    The main obstacles to health startups tends to be navigating procurement channels, understanding health ethics committees, compliance panels and how to prove that your idea can effect health.
    We have close links to the NHS which is the largest healthcare provider in the world together with advisors at the top level of health science and clinical committees to help quickly identify whether your idea is viable and to then help you effectively turn it into a business venture in the health space.
    We’re not a classic ‘accelerator’ and are more of an early stage incubator for health. Our brand team work closely with you once you have your idea (you can consider them part of your startup) and help you come up with an emotive brand, create a website and provide you with key startup infrastructure to get off to a flying start.
    HS. prides itself on its fun but hard-working attitude. We want to you have as much fun as possible while working towards an enormous goal: to revolutionise health and healthcare worldwide using tech and startups. Come join us.

  • Is healthcare really that important? I quite like the look of fintech.

    Healthcare worldwide is badly broken with Western countries nearing 20% GDP spend, making current healthcare unsustainable. Current healthcare systems are antiquated and alternatives are expensive and not tailored to key needs.
    Better use of data and technology has the power to improve health, transforming the quality and reduce the cost of health and care services. It can give patients and citizens more control over their health and wellbeing, empower carers, reduce the administrative burden for care professionals, and support the development of new medicines and treatments.
    This is a great opportunity to use your skills to build something bigger than yourself and to have a lasting effect on people’s lives.

  • Is my IP safe? Do you help with IP protection and navigating university IP committees?

    Yes on all 3 counts. Your IP is completely safe at all stages. We’ll help you secure your idea and make sure it is as defensible as possible during the programme. We actively work with University IP and will help you agree terms that work for both you, your university and your startup.

  • Can I apply to other accelerators after the programme?

    Absolutely! We will even help you choose the ones best suited to your growth goals. We favour classic accelerator models with a health vertical as we feel these provide health-specific startups with the best access to customers and growth prior to scaling.
    Once you have been through a standard accelerator and/or are looking to scale internationally or into the NHS you can then apply to the HS.Scale programme.

  • Do I need to relocate to join the programme?

    The programme is held in London and there will be regular events however we also encourage productive teams to work in environments best suited to them. There is no necessity to fully relocate for the duration of the programme all that we ask is that you can work productively with your co-founder. This can be remotely, at your own co-working space or in a Starbucks; the choice is with you.

  • Do you have a co-working space?

    As mentioned we don't require you to relocate and in the age of the internet, machine learning and giant robots (last point TBC) our future-founders prefer remote comms, guerrilla meet ups and focused networking when finding a co-founder and coming up with an early idea. Should you require your own space once your startup starts to take off we'll help you with this.

  • Do I need to incorporate my company in the UK?

    We’d prefer if you did however we deal with specific requests on a case-by-case basis. Our legal and banking teams can arise you on the best ways to incorporate and open bank accounts when you are ready. We know that founders want to be in charge of key decisions like these so we don't impose any one specific bank or way of doing things.

  • What happens if I quit, my start-up fails, I run into problems?

    Making a successful startup is tough and not all our companies will succeed. Companies that fail after the programme can be dissolved. If you run into problems or a co-founder leaves during the programme we can actively build you into another team or bring you back for a future cohort.
    If you decide that being in a startup isn't for you we can help you find a job better suited to your skills via some of our partners.

  • What are "late applications"?

    Late applications are those submitted after the application deadlines. If you submit an application after the deadline, your application is automatically tagged as “late”.

    Do you get penalised for submitting late applications?
    No. Your application will be reviewed on the merits of its content and not on its timing. You lose out on
    i) responsiveness – it will take us longer to get back to you since we received your app outside of the dedicated time set aside for application processing,
    ii) coverage – fewer partners review late applications which means there's a greater chance they'll miss your value prop, and
    iii) acceptance rate – late applications are generally competing for fewer slots, so it's harder to be accepted the later you apply.

    What happens when I submit a late application?
    Late applications will be processed ad-hoc, based simply on the availability of the partners to read and review it. We review all late applications with the same criteria as on-time applications, the only difference is that it will take a little patience to get your results.

    When will I get a reply if I submit a late application?
    While we do our best to process late applications as soon as we can, it depends on the availability of partners and the time they need to read and review the late applications. Partners are busy helping the startups we've funded so it may take anywhere from a couple of days to a few weeks before you'll get a reply.

    If you haven't heard from us, be patient. All that silence means is that we haven't reviewed your application yet. As soon as we do, we'll email you.

  • Do you have any tips for applying?

    Speak with previous applicants, read some of the books in the book club, be confident and sell yourself at the application and interview.
    When completing the application or answering interview questions try to give specific metrics; we're entrepreneurs too so we prefer action and substance over waffle. Also try and standout.

    The process is highly competitive so don't be disheartened if you don't get a spot first-time round. Reflect and keep at it.

  • I have a specific question not covered above

    We’d love to hear from you. Drop us a line and we’ll help as best we can.

Healthcare Startups