Bringing medical innovation to the market requires extensive expertise that contributes to a successful launch and sustainable business model.
It also requires finding the right partners, experts, and resources that will guide your go-to-market strategy. Kinetic, Healthcare Innovation in Motion is a partnership between Northeast Ohio Medical University and Bounce Innovation Hub formed to develop, support, and accelerate innovations in healthcare and life sciences across Ohio and throughout the Midwest. We engage proven and experienced health tech Entrepreneurs-in-Residence and advisors to deliver a wide variety of support services.
Bounce Services to Support Your Startup
Entrepreneurs-in-Residence (EIRs)
Bounce’s EIRs are experienced startup founders who have successfully scaled their own companies. Healthtech EIRs include both individuals and consulting firms that help you set goals and milestones, build operational momentum, and engage with the NEO entrepreneurial ecosystem. Their industry expertise and personal network connections can support you in all stages of your startup venture.
Professional Services
Receive free and discounted professional services, including FDA regulatory and reimbursement strategy, basic quality management systems, pitch deck development and refinement, financial projections, marketing, legal, and human resources support. Bounce staff and EIRs can help you identify your needs to determine what services can best support you. In 2023, the average Bounce healthtech startup received more than $16,000 of free EIR and professional services. Startups still within their Launch Pad period do not get access to free services.
Prototyping and Testing Facilities
Healthtech entrepreneurs can engage with Bounce through our collaborative program with Northeast Ohio Medical University (NEOMED) called Kinetic: Health Care Innovation in Motion. This program gives you access to resources housed at NEOMED including access to lab space, a prototyping lab, preclinical testing facilities, and connections to medical professionals.
Free Coworking
You’ll gain access to Bounce’s Generator (coworking facility) at no additional cost. The Generator houses two floors of open coworking space, private offices, event and meeting spaces.
Conference Rooms
Receive 3 credit hours of conference room space per month to hold team, board, advisor, or investor meetings in a professional setting. These credits can be used to reserve Bounce’s small conference rooms; you’ll also get reduced rates on our larger event spaces and classrooms.
Workshops and Assistance
Receive priority access to Bounce’s Beyond Startup Workshop Series, a hands-on workshop series helping entrepreneurs achieve their next level of growth. These workshops are held twice per month and cover essential topics like branding, marketing, sales and accounting. You’ll also receive access to the Help Desk where facilitators work one-on-one with entrepreneurs to complete business certifications or required federal filings.
Community
Participate in additional opportunities for in-person and virtual engagement with other Ohio-based startup founders within their industry, including bi-monthly happy hours and networking events, and a dedicated Slack channel for Bounce founders.
81% of healthtech startups set a preliminary or amended regulatory pathway and 2 startups submitted a product for FDA approval in 2024.
Powered by SBA
In 2024, Bounce was awarded a Regional Innovation Cluster award from the Small Business Administration. Through this work, we are growing an innovation ecosystem cluster through our Kinetic network and partners to enhance support for health tech startups developing new materials. Cluster partners include Northeast Ohio Medical University, Jumpstart, Project MedTech, Wave Strategy, the Polymer Industry Cluster and many others.
Funded in part through a Contract with the U.S. Small Business Administration.
We believe in the power of founders. At Bounce Innovation Hub, we equip talented founders with essential tools and resources to navigate the complexities of entrepreneurship.
Our tailored programming supports each stage of your journey, fostering critical thinking and encouraging innovative solutions. By prioritizing your development, we create a dynamic environment where you can thrive, make informed decisions, and drive impactful change.