Support for startups needs to go beyond capital, to policy levels. Guidance is also needed for startups and enterprises on the policy side, especially for startups that include never-before-seen models. Regulatory sandboxing and policy experimentation can help support this.
Bridging the academia and industry gap can inspire innovation. By encouraging innovative ideas at educational institutions, transformative ideas can be catalyzed in younger generations that can translate into startup initiatives.
Better networking and collaboration are required between startups as well as with the government. Through a collaborative platform for healthcare enterprises, startups can get the opportunity to complement each others’ services and launch joint programs which have the potential to compound in impact.
Incentives are needed to mobilize capital toward healthcare startups from the private sector. By encouraging corporations to take part in blended finance initiatives, the opportunities for financing for startups can be improved to create a more investor-friendly environment.
Collected From Multiple Source
