Emphasis on practicality
In order to make their selection, priority was given to startups that offer a practical solution without being too idealistic, taking into account the regulatory aspect. Here to tell us all about it is Corinne Marsolier, Director, Consulting and member of the Angels Santé network – the leading network of business angels specialising in healthcare in Europe.
"em>When I have to assess an innovation project, in addition to stability and team synergy, I pay particular attention to the value proposition and the impact it might have on the market. What sets it apart from the rest? Is the economic model viable and might it include or create a break in the market? Has the business model been tested? These are all questions that help consider large-scale and international distribution of the service, to look fast and far ahead."/p>
It being Angels Santé’s second year running as an EDF Pulse Awards partner, this is not Corinne’s first time on the selection committee, and she continues to be captivated by the energy shown by the startup applicants.
For Céline Sportisse, a coach in the category, "demonstrating a joint creation approach" with the many players from the health market is also among the essential selection criteria. "« "Project leaders must take into account the expectations, needs and constraints of each health player, even if they do not tick all the boxes. The economic viability of their project depends on it. In healthcare, the end users are not always those paying or those prescribing, but they all need to be convinced that they can trust us. It is also absolutely key to standing out from the competition"
Lastly, there is one more major challenge that startups in the Smart Health category must consider: their ability to cope with the legal and ethical responsibility involved. Practices take longer to be popularised because the reliability of the service must be proven and the possible risks and errors need to be assessed.