Tag: innovation

FTR4H is spreading its wings around the globe! After debuting at SXSW in March, we held a conference and a startup competition in India. We did quite a bit of research on the Indian market, so be sure to check all out blogposts about it!

Our next official stop is in China in June, but just before that, we are supporting an event in Ljubljana, Slovenia. The INFUSE Digital Health Networking Event for startups and experts, is taking place on May 26th in Ljubljana.

The event is organized by a medical journal Medicina danes and Technology Park Ljubljana – largest innovation ecosystem for commercialisation of knowledge and technology in SE Europe – in collaboration with the Slovenian Medtech community Healthday.si.
It is sponsored by MARAND, Bayer, MDNA, EU and SPIRIT Slovenia.

Here’s what’s on the menu:

Event moderator: Tjaša Zajc, Medicina Danes

17.00  WELCOME SPEECH; Tjaša Zajc, Journalist & conference moderator

17.15 – VIDEO: How is New Delhi hacking public health with mHealth

Q&A PANEL AND COMMENT: Where are we in eHealth compared to developing countries? What can we learn from them and each other?

mag. Katarina Kralj, Head of eHealth coordination at Ministry of Health Slovenia
Ozren Pezo, independent expert for eHealth, former Assistant Director for ICT at Croatian Health Insurance Fund HZZO

The Q&A will be moderated by Dorjan Marušič, Practicing Cardiologist, Former Member of the Expert Panel at European Commission DG for Health and Consumers (DG Sanco).

17.45 – CHIT CHAT with dr. Axel Polack: The hype around big data, genetic testing and gene modification technologies: progress or resurfacing of eugenics?

18.00 – KEYNOTE: Digital Health Trends: Forget the numbers, where is the impact?

Jesus del Valle, Head of Bayer’s Grants4Apps Accelerator

18.15 – PANEL: Rethinking the patient/customer, payment models, funding options

Dr. Jesus del Valle, Head of Bayer’s Grants4Apps Accelerator
Dr. Klaus Stöckemann, Managing Partner at Peppermint Venture Partners
Dorjan Marušič, Practicing Cardiologist, Former Member of the Expert Panel at European Commission DG for Health and Consumers (DG Sanco)
Stanislav Sirakov, Partner at LAUNCHub
Dr. Axel Polack, General Partner at the Joint Polish Investment found
Alex Farcet, Co-founder of Startupbootcamp – global network of industry focused startup accelerators

Details about the JURY MEMBERS of the Startup Competition at the INFUSE Digital Health Networking Event are available here.

19.00 – BREAK BEFORE THE “LAST CALL for Grants4Apps Startup Competition”

19.30 – STARTUP PITCH COMPETITION

20.30 – JURY DELIBERATION & AWARD CEREMONY

21.00 – NETWORKING PARTY TIME

Startups in all stages are invited to pitch at INFUSE.

It’s no secret around 80% of startups die after two years, due to lack of experience and funding. Accelerator programs get hundreds of applications and the majority of companies don’t even get a chance to present their solution in person. At INFUSE you can increase those odds.  By getting feedback from the decision makers, you can gain visibility, make new valuable contacts and increase you chances to get funding.

Three startups pitching will be chosen:

– one will get shortlisted for Startupbootcamp, which gives accepted teams mentorship and 15.000 euros,

– one will get shortlisted for Grants4Apps, which gives accepted teams mentorship and 50.000 euros,

one more developed will get a booth at MEDICA Trade Fair in Düsseldorf in November, at FTR4H Lab&Lounge in the US Pavilion!

The commercial price of a spot in the Future for Health Lab & Lounge at MEDICA is 3.000 USD. Future for Health (FTR4H) is a global Think Tank on Digital Health.

In 2010, an idea was born: to build an army of entrepreneurs to improve healthcare worldwide. That was the beginning of StartUp Health. According to their data, in five years, the organization grew to an allegiance of more than 30,000 investors, entrepreneurs and customers from all over the globe.

As is explained by its co-founder, Unity Stoakes, 4000 startups have tried to get in Startup Health so far, but only 180 have made it. What are they looking for?

10 specific problems

StartUp Health supports companies working in at least one of the so-called moonshots. (PICTURE)

 

 

Mindset

In the competitive process of choosing new entrants, the essential criterion is the mindset of the entrepreneur. They are looking for those that have a clear idea why they are doing what they are doing, who think long-term, want to work collaboratively, and are “batteries-included”.

The most important characteristics are passion, motivation, energy. “Most of the entrepreneurs we are working with are entering healthcare not because they would want to get rich, but because they – often due to personal reasons – care deeply about the problem they are solving.”

Perseverance

Are you someone who brings energy into the room or are you draining it out of the room? If you’re in the first group, you have a chance to get into StartUp Health. As emphasised by Mr. Stoakes, “this attracts customers and investors. A positive, hopeful attitude attracts other people with similar way of thinking.”

Long-term partnerships

StartUp Health is backed by Google, Amazon, Keiser Permanente, Cleveland Clinic, Allianz, SAP and other prominent corporations with which they have formed multi-year strategic relationships aimed at creating opportunities for capital and means of scaling solutions.

“We don’t believe in the model of short-term random mentorships programs,” says Mr. Stoakes, emphasizing they only want to work with partners that have a transformative mindset from the top down. These are organisations focusing on external innovation, because they understand real change comes from collaboration.

Find out more by listening to my conversation with Unity Stoakes in Medicine Today on Digital Health.

You can find, listen, subscribe, rate, follow, share the podcast in Soundcloud or in iTunes, follow news about it on Medium.

“Just creating an app does not mean you have a company. The key key question is: are you solving a problem?” These were the opening words  of Pradeep K. Jaisingh, Founder of HealthStart India, at the VC Panel at #FTR4H program at MEDICAL FAIR India in New Delhi. Panel was organised by HealthStart. The main aim was to highlight VC perspective on the digital health startups scene in India.

As said by Mr. Jaisingh, the basic background of technology needs to be that it improves the outcome. A solution needs to solve a problem and be sustainable. From the macro perspective, potential for disruptive innovation in India is big, said Mr. Jaisingh. Especially in terms of diagnostics, treatment and management of chronic diseases.

The doctor’s expectations in the near future are high. Artificial intelligence can be utilized to effectively synthesize patient information before his visit in the hospital or a doctor’s office.

What do the doctors need?

Private Equity Professional Mayur Sirdesai, Director at Somerset Indus Capital Partners, warned, the key issue in digital health technology and innovation is probability of adoption. “When a doctor has a line of patients in the waiting room, he can’t be bothered by entering data in the computer,” he mentioned. The second challenge is  payment for digital solutions. Revenue model of a startup is crucial to implementation of a solution in practice. In India, most payments are still out of pocket which might change with the development of the insurance market.

From the perspective of Shuchin Bajaj, Founder Director at Cygnus Medicare, a big potential in India is in putting more effort into medical education of other specialists and healthcare providers, apart from doctors. “We are to doctor-centric. I am a big fan of personalized medicine and “ayurveda” in that sense. These sciences look at the patient as an individual while medicine takes the patient as a dataset. Ayurveda does not treat the disease,” he said.

Needs and payments

Partha Dey, Healthcare Leader and SME at IBM India mentioned the need for more collaboration: “It is clear and we agree we need to walk together and collaborate. Technology can work as a platform and our idea is to use it to solve real life problems. We are working on longterm solutions. The first issue is always the business case. What do users need? What are they prepared to pay for? A lot of startups have ideas, but struggle with translation and implementation in practice.”

Vikram Gupta, Founder and Managing Partner at IvyCap Ventures Advisors described India as a unique market because of the payment system. “In the developed world insurance takes care of healthcare. Our environment drives behaviour. Hence healthcare consumption is different compared to the rest of the world. The opportunities here are of different nature than in other countries. One thing to look at is infrastructure. Ratio of hospitals does not match population needs.”  Huge opportunities lay in financial assistance for healthcare, concluded Vikram Gupta.

Meet our startups!

8 start-ups are present at our FTR4H lounge at MEDICAL FAIR INDIA in New Delhi. They are:

Focus 1: Children’s health

iNICU !!!WINNER OF THE #FTR4H INDIA AWARD !!!!!


iNICU stands for ‘Integrated Neonatal Intensive Care Unit’. The solution is leveraging IOT and Big Data,connecting generated source data from various devices.

iNICU is a one stop workflow solution to assimilate and disseminate neonate information. The application is designed to help improve management of all responsibilities of various professionals (Nurse, Resident Doctor, Senior Doctor, Pediatrician and Administrator) involved in the care of a baby.

growupright


A solution for an important but hitherto ignored area – Student Wellness. It helps monitor, track and control  children’s wellness in school, making it easier for parents and teachers recognize struggles of specific students. This makes it easier for the carers to find ways to help students cope with their problems easier and make most of their potentials.

Focus 2: data optimization, presentation, utilization

Vertes Cloud


Empowering transformation along enterprises in various verticals, mainly in the field of Education & Learning solutions. A mixed approach with Open Source & proprietary offerings enable institutions achieve higher levels of transformation, in much affordable way.
Abda Digital


Abda Digital (a Tech Vedika Pvt. Ltd. spin off) has been establish with vision to develop innovative products specifically for the mobile and digital space. The inception of Abda in November 2015 marked commitment to focus on product ideas that could help organizations communicate with their target audiences in the best way using less time.

Focus 3: Women’s health

Doc n me

Management software for obstetricians and gynecologists is offering End-to-End Solution to all ObGyn Practice Management Challenges. This solutions offers a new way of communication between the expecting mother,  obstetricians and gynecologists. Between visits in the doctors office, the mother can ask questions with the help of a platform.

Focus 4: Cardiology, trackers, sensors

Cardiotrack


Cardiotrack brings portability to healthcare diagnostics. Cardiotrack health sensors provide clinical grade reading for 12-lead ECG, SpO2 and blood pressure. Robust design makes Cardiotrack an ideal solution for home healthcare, tele-health, doctor’s clinic, nursing home or primary healthcare.

A3RMT

This solution is altering the delivery of critical life saving health care monitoring during emergency and preventive diagnostic capabilities. This is done at a much lower price-performance points, thanks to innovative synthesis of digital signal processing, image processing, biomedical components, algorithms, wireless and communication technologies. The first sets of solutions are in the realm of wireless remote patient monitoring.

Track my beat 


TrackMyBeat is a healthcare technology and analytics company, offering a complete health and wellness management system. It focuses on the prevention of lifestyle diseases. The subscriber can proactively manage his or her health through automated alerts. The product also highlights the efficacy of various interventions and activities in improving the user’s well-being.

If you’re a part of the Digital Health universe and based in India, there’s only one place you should be during 6-8 April. MEDICAL FAIR INDIA, taking place in New Delhi, invites you to explore the FTR4H Lab & Lounge at MEDICAL FAIR INDIA 2017, Pragati Maidan, New Delhi.

The event is sponsored by: IBMIntel and eSec Forte.   

Our ecosystem partners are: HealthStart, Medhoop, InnovatioCuris, T-hub, ib-hubs, Smart Cities Lab, InnovatioCuris, HealthCode.io.

AGENDA 

April 6th (draft):

14:00 – 14:05 Introducing FTR4H / Mark Wächter, FTR4H Chief Evangelist / MWC.mobi
Mark Wächter, FTR4H Chief Evangelist
14:05 – 14:20 Digital Health – a global snapshot / Tjaša Zajc, FTR4H Global Audience Developer
14:20 – 14:40 Infrastructure Services for healthcare customers/ Mr Ashish Kothari, Associate Director – Infrastucture Services, IBM Global Technology Services – Cloud
14:40 – 15:00 Digital health Solutions alongside the healthcare continuum / Satish Choudhury, eSec Forte
15:00 – 15:10 DOC n Me / Samidha Garud
15:10 – 15:20 Track My Beat
15:20 – 15:40 Tech Mahindra 
15:40 – 16:00 FTR4H Fireside Chat
FTR4H (Future For Health) is an international platform, which enables discussions, meetings, dialogs and networking among thousands of Digital Health start-ups, corporations and investors, including accelerators and media from around the world. We explore how Digital Transformation effects the healthcare industry: Mobile – Feature Phones, Smartphones, Phablets, Tablets, Wearables, VR Headsets, IOT – Internet of Things – Sensors, Drones, Robots, 3D-Printer, Smart Things like Cars and Homes, Data – Smart Data, Self Data, Genomics Data, Safe Data.Future for Health acts as a think tank and definer to connect all global Digital Health Ecosystems in markets like China, Europe, India, Israel and the US with MEDICA – a hashtag to categorize what drives Digital Health: #FTR4H

April 7th (draft):

12:00 – 12:05 Introducing FTR4H / Mark Wächter, FTR4H Chief Evangelist / MWC.mobi
12:05 – 12:20 Digital Health – a global snapshot / Tjaša Zajc, FTR4H Global Audience Developer
Tjaša Zajc, Journalist, FTR4H Global Audience Developer
12:20 – 13:20 HealthStart VC Talk
Pradeep K. Jaisingh (Chairman, HealthStart), Apoorva Patni (Currae Healthtech Fund), Mayur Sirdesai (Somerset Indus Capital Partners), Vikram Gupta (IvyCap Ventures Advisors Private Ltd.), Dr. Tarun R (Utilis Capital Advisors)
13:20 – 14:30 LUNCH BREAK
14:30 – 14:50 How Mobile Health restructures healthcare delivery / Kunal Bajaj, Director at eSec Forte
14:50 – 15:10 Digital hospital and Cognitive Technology / Mr Partha Dey, IBM
15:10 – 15:20 Digital Health Trends in Asia and Business Opportunities / Dr Karthik Anantharaman, CMO at BPL Medical Technologies

 

***MEET, GREET and MINGLE WITH THE DIGITAL HEALTH COMMUNITY***

 

16:00 – 16:45 Pitches for the FTR4H India Award
16:45 – 16:55 Jury Deliberation*
*The jury:
Dr Vishal Bansal – Investor, Mentor, Technology Enthusiast & Docpreneur
Pradeep K. Jaisingh – Chairman HealthStart India
Mark Wächter – FTR4H Chief Evangelist & Mobile Strategist
Dr. Tarun Ramole – Digital Health Evangelist, Director Utilis Capital
Tjaša Zajc – FTR4H Global Audience Developer & Journalist
Muthu Singaram, CEO, IIT Madras HTIC Incubator
16:55 – 17:10 Award Ceremony
17:15 – 18:00 Mingle and network with the Digital Health community

Join us at our Meet, greet and mingle event. Register HERE.

 

 

This event is enabled by:

3 reasons why wearables are dead

Wearables and measurements. Which Point of Care devices are just gadgets and which ones bring actual better outcomes for patients? Here’s what’s wrong with wearables.

 

1. Questionable data gathering

When used for prevention, it has become clear by now, that a person gets tired of using a wearable or a health app in only a few months. It is important to note that this holds true mostly for relatively healthy people, not patients with serious illnesses.

2. We are measuring what we can, not what we should

British researcher Prof. Dr. Anthony Turner, Head of The Biosensors and Bioelectronics Centre at Linköping University Sweden: “we haven’t yet made the sensors we really need, we are using the sensors that we happen to have.” That is why in recent years investors have been more interested in other sensors: ingestibles, implantables, etc..
We are entering an era of sensors for complex chemical reactions and molecular recognition in the body. “This requires more regulation and caution in testing and development,” says Prof. Dr. Turner. However, we can expect more significant improvements and outcomes.

3. Questionable measurements

Apart from data being questionable due to inconsistent data gathering by the user, another issue is data reliability. If you wear your phone with a tracker and two tracking wearables for activity measurements, you are bound to get different results. Similar is true for home Point of Care devices. Are they then useful or harmful?
If you will ask laboratory technicians, they will tell you that Point of Care devices are far from laboratory accurate. But in which cases is that relevant? As Prof. Dr. Turner says, “from a laboratory perspective and for research purposes you always look for the best. However, Point of Care devices for patients just need to be good enough for managing conditions and early warnings. Personal devices for diabetes are not as accurate as clinical laboratory, but it doesn’t matter – they are good enough for management decision.”

You can listen the whole conversation with prof. dr. Anthony Turner here.

 

So what can we conclude out of all this? Wearables are simply a step in the evolution of health technology. Sensors are still promising us all a bright future. They bring:

1. Automation

More and more of them are embedded in the environment. Measuring is becoming seamless, taking away the issue of consistency with gathering data.

2. Savings

Biosensors have had a very long and successful history of miniaturization. “It took 20 years for that to happen for wearable blood glucose monitors, while glucose meters evolved from a huge instrument of 40,000 dollars to a device which today costs 7-17 dollars,” illustrates Prof. Dr Turner. For inventors, the biggest issue is, what kind of business model will work. But the final judgement from a financial perspective is clear: massive savings could be achieved.

 

Want to know more? Tune into the sixth episode of Medicine Today on Digital Health podcast. You can find, listen, subscribe, rate, follow, share the podcast in Soundcloud or in iTunes.

Future 4 Health - © Mikko Lemola/Shutterstock

There are currently more than 260,000 mHealth apps on the market, according to data from Research2guidance. Whereas this may be exciting news, the sheer number may also be overwhelming for patients and doctors. How can you know what is useful and what is not? One way hospitals are solving the app reliability challenge is by building in-house innovation incubators.

To get to know how that works, listen to a conversation with Ashish Atreja, the CTO of Sinai AppLab at Mount Sinai, in the fourth episode of Medicine Today on the Digital Health podcast.

He are 5 reasons why in-house innovation incubators are good news.

1. Accelerating change

Innovation arms in hospitals are exciting because they help introduce novelties into the rigid healthcare systems.

2. Providing reliability

New solutions are designed by high profile specialists in hospitals. Consequently, solutions are tested inside the hospitals and perfected before they are put on the market.

“I would never give or prescribe medicine to any of my patients that has not been approved in some formal capacity. Why should I prescribe an app?” says gastroenterologist Ashish Atreja, MD, MPH. If you’re a startup, he might take a look at your solution. Why?

One of his jobs as the CTO of Sinai AppLab is onboarding new technologies built by startups outside Mount Sinai. After all, he emphasizes, “it’s impossible for one incubator to do and know everything.”

Ashish Atreja

3. Ease of recommendation

It is easier for doctors to recommend in-house solutions, because they have better access and understanding of the innovation process and reliability of an app compared to the flood of other mhealth digital health offerings on the market.

As Ashish Atreja explains, Mount Sinai even build a platform which allows physicians to prescribe evidence based apps. “We curate the best apps based on the evidence, security and safety. There’s a whole team of people rating the best apps, looking at the published evidence and bringing them to the market place.”

4. Financial benefit

Innovation arms generate new revenue streams for hospitals.

5. Encouraging innovation

When a support environment for creativity is in place, doctors who want to innovate can test and develop their ideas. They also get all the entrepreneurial support in scaling and improving their ideas, so they can reach patients faster.

In 2012, Cleveland Clinic experts designed the Medical Innovation Playbook – a detailed report on the diverse and rapidly evolving technology commercialisation programs of the USA’s top medical centres. It includes an overview of nearly 10,000 invention disclosures, 6,400 patent applications and almost 2,000 issued patents.

Want to know more? Tune into the fourth episode of Medicine Today on Digital Health podcast. You can find, listen, subscribe, rate, follow, share the podcast in Soundcloud or in iTunes.

India’s LinkedIn of Healthcare in the making

India has more than 5 million qualified professionals working in the healthcare industry. There are around 1 million doctors and 2.5 million nurses. This workforce is growing at a rate of more than 10% per annum.

If India is a puzzle to you, this short interview with Mayank Sharma, one of the owners of Medhoop – a platform for healthcare professionals and industry in India, will give you a nice introduction into the current state of the trends in the digital health startup community in India. And why it is a good investment to take part in events such as Medical Fair India 2017, held from 6-8 April in New Delhi.
“We aim to create an ecosystem in the healthcare industry for all the industry stakeholders. Everyone, from medical students, colleges and teaching institutes, healthcare providers, Health-tech, medical devices and consumables industry, thought leaders and startups, can connect seamlessly and grow together,”  This is Sharma’s brief description of Medhoop. The size of the country is keeping the healthcare industry in India fragmented. The disconnect is making the industry inefficient and uncompetitive. For this reason, digital health development is so much more promising here.

 

Let’s start with the basics. What are the three digital health trends to watch out for in India? 

Mayank Sharma, one of the owners of Medhoop.
The Indian healthcare industry is now growing 360 degrees. Healthcare providers are not only focusing on developing world class healthcare physical infrastructure, but also on integrating technology. All this aims at making treatment and information closer to patients. Among major trends I would highlight mobile health (mHealth), on-demand healthcare, EHR/EMR solutions, healthcare aggregators and telemedicine.

 

How developed are these segments?

The mHealth space is probably the hottest in the segment. It is being further augmented by wearable gadgets that monitor health statics on a real-time basis. There are startups integrating existing technologies with concepts like telemedicine, doctor on call and remote monitoring of patients. On-demand healthcare is fit for an urban population which seeks everything instantly. If possible, they want it available on their smartphones. Startups understand this need. EHR industry is on the rise, looking to capture all the information they can. Not only to provide better health care for patients, but also for system improvements. From cutting treatment costs, research purposes, giving patients access to their health records online, to changes in regulatory environment.

 

What does the startup community in India look like? 

“Today India is among the top countries in terms of growth of startups. It is exciting, buzzing with innovation, passion and energy.”

India has been a country of startups for a long time. But the real recognition is happening now – with the rise of Startups Unicorns. We have Flipkart, Snapleal, Taxi aggregator Uber (prime competitor to Uber in India), online payment solution Paytm. Social media and growing internet penetration has opened an altogether new growth avenue for startups.

 

What about the digital health community specifically?

The digital healthcare community in India is growing at a very rapid pace. From hospital/doctor appointment booking solutions, EHRs, diagnostic lab aggregators, mobile health devices – innovation and new ideas all around. Today we see a lot more entrepreneurs in the digital health and healthcare space compared to 5-8 years ago.

 

What contributed to this acceleration?

At first, the healthcare community has been hostile to new technologies and experiments due to the inherent nature of its business. But slowly, the awareness levels and aspirations of doing things faster and better is positively affecting healthcare innovations and digital health technology. Companies like Practo have already made it big and are serving international markets already.

 

Which cities are leading in terms of accelerating innovation? How does Delhi rank in this community?

Bangalore leads the list, closely followed by Delhi, Gurgaon, Mumbai, Hyderabad and Chennai. Not surprisingly, we also have beautiful healthcare and health-tech ideas coming out from comparatively smaller cities like Jaipur and Ahmedabad. I myself come from Hathras, a very small town, and now residing in Delhi, so let’s say innovation has no boundaries.

 

What were the digital health biggest investments in 2016? 

There is significant development and a number of startups working on services like pharmacy or lab services aggregators, remote monitoring healthcare devices and online doctor or hospital discovery. Startups which attracted major investments in 2016 were majorly from the SaaS segment. Practo, Healthkart, 1mg, and Goqii were among the front runners in a list of healthcare investments by investors.
“There is significant development and a number of startups working on services like pharmacy or lab services aggregators, remote monitoring healthcare devices and online doctor or hospital discovery.”

Which are your Top 3, 7 or 10 startups for 2017? 

This is a tough question for such an exciting space like digital healthcare in India. But if I divide the digital healthcare space into segments, I would say the following:
In-Doctor Network space: the two companies clearly standing out are DocPlexus and Curofy. Both of them are fulfilling the need of doctors to be able to consult cases online right from their mobile phones and build their own professional network. It would be interesting to see what route they take next.
In-Doctor Discovery segment: booking platform Practo had disrupted the industry before anyone could even think of an idea such as online booking of appointments. Lybrate (online doctor database gives you access to over 90,000 highly trained medical experts) has been able to stick it out in 2016 and will, it seems, continue to do so. Then there is CrediHealth, with the tagline ‘Your Medical Assistance’ doing exactly the same. Within its services, it offers second opinions, doctor selection and surgery planning to an altogether other level. I am sure these companies will be further innovating and disrupting this space.

 

Where can Startups present their solution to the wider public? Are there many events such Medical Fair India?

There are multiple events on medical equipment, lab equipment, medical specialty-specific devices and pharma in India.

 

You are a partner of Medical Fair India. Where do you see the benefit of this collaboration?

It matches with our belief that as a healthcare ecosystem partner, we have a responsibility to represent all the healthcare stakeholders and engage with them. This year Medical Fair India combines equal opportunities for healthcare companies as well as medical and healthcare technology startups, which is an encouraging trend.

 

What can startups expect from Medical Fair India? 

The most important part of such expositions and fairs is networking with various industry stakeholders. Participation offers understanding of new dimensions of the industry, understanding the demands, meeting customers, buyers and a lot more. This season Medical Fair India integrates FTR4H (Future For Health) platform where healthcare technology startups can participate. Medhoop also plays a critical role of bringing these startups to forefront, connecting them with industry, prospective customers, investors and a lot more. Among other things, we are organising mentorship hours for startups. So there is a lot for startups to gain.