Startup Incubator 1776 Teams with Accenture to Help Digital Health Startups Innovate and Succeed

WASHINGTON--()--Startup incubator 1776 has selected Accenture (NYSE:ACN) to provide guidance and insights to its growing roster of digital health startups.

“Our forecast estimates that start-up funding for digital healthcare, such as wearables and virtual care, will reach $6.5 billion by the end of next year. This growth continues to be fueled by open innovation across a broad spectrum of stakeholders with the same shared goal of advancing healthcare.”

“1776 is thrilled Accenture is with us in the mission to drive health care into the future,” said Evan Burfield, 1776 cofounder & co-CEO. “There is so much opportunity to improve health care dramatically, but it can’t be done unless talented new entrepreneurs and prestigious established institutions work closely together.”

Accenture will assign some of its health consultants to the 1776 campuses in D.C. and New York to help evaluate new portfolio companies for future viability and advise and engage with these and other emerging digital health companies.

“This effort will provide an environment for our healthcare clients to advance their innovation agenda with connections to a broader ecosystem of digital health startups,” said Brian Kalis, managing director of digital health at Accenture. “Our forecast estimates that start-up funding for digital healthcare, such as wearables and virtual care, will reach $6.5 billion by the end of next year. This growth continues to be fueled by open innovation across a broad spectrum of stakeholders with the same shared goal of advancing healthcare.”

Accenture joins a working group of premiere health-sector institutions at 1776, including the American College of Cardiology and MedStar Health. A key part of 1776’s incubation model is connecting startups to well established mentors and corporate partners like Accenture, who can introduce startups to potential customers, investors and industry leaders to take young companies to the next level.

About 1776

1776 is a public benefit corporation that scouts and funds high-growth startups around the world focused on solving society’s most fundamental challenges in sectors like education, energy, transportation and financial services. Launched by co-CEOs Donna Harris and Evan Burfield and headquartered in Washington, D.C., with additional campuses in Dubai, New York City and San Francisco, 1776 serves hundreds of startups and institutions worldwide through its innovation curriculum, mentorship, investment and programming. It hosts more than 500 international events per year that attract heads of state, Fortune 500 CEOs, influential investors and global press. For more information, please visit www.1776.vc and follow @1776 on Twitter and @1776vc on Instagram.

About Accenture

Accenture is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions – underpinned by the world’s largest delivery network – Accenture works at the intersection of business and technology to help clients improve their performance and create sustainable value for their stakeholders. With approximately 384,000 people serving clients in more than 120 countries, Accenture drives innovation to improve the way the world works and lives. Visit us at www.accenture.com.

Contacts

1776
Erin McPike, +1-202-247-0478
erin@1776.vc
or
Accenture
Jenn Francis, +1-630-338-6426
Jennifer.francis@accenture.com

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Release Summary

Startup incubator 1776 has selected Accenture to provide guidance and insights to its growing roster of digital health startups.

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