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Carolina Healthcare Innovation + Technology Alliance.

Healthtech Ecosystem

Carolina Healthcare Innovation and Technology Alliance or CHITA was created by RevTech Lab's Executive Leaders, Dan Roselli and Nat Clarkson. It is a newly formed non-profit organization and public/private partnership focused on facilitating collaboration between academia, providers, corporates, and government entities to advance healthcare innovation across North and South Carolina. The intent is to share resources between our members to best support health innovators across the region.

Healthcare Innovation

Challenges

Healthcare innovation is limited by insufficient collaboration among governmental, academic and private institutions as well as between those organizations and entrepreneurial companies

Fragmented Coordination – Hinders Success of Regional Innovation

Missing efficient marketplace to form mutually beneficial connections between startups, companies, academic and government institutions – limiting each party’s ability to grow, advance regional innovation, and attract external capital

Limited Individual Scale – Increases Costs and Diminishes Execution Capacity

Lack of coordination and insufficient individual scale leads to partial solutions duplication of effort – increasing cost per stakeholder. Orphaned IP results in lost opportunity and income

RevTech Labs'

Solution

A comprehensive healthcare innovation partnership by combining healthcare expertise, business acumen, investment, and strategic partnerships across the Carolinas

Combine corporate + academic + provider + investor resources to maximize success

Leverage proven accelerator model and deal sourcing strategy for effective program implementation

Centralize platform to facilitate & enhance innovation for all stakeholders, minimizing development costs

Enhance deal flow through parallel VC fund, reducing funding gaps

Consolidate deal flow to substantially enhance venture capital attention at a national and international level

Coordinate regional resources to match expertise with demand, achieve critical mass to attract further resources

Program Structure

We have multi-stage offerings with comprehensive resources for developing innovative healthcare companies. Each of these programs are tailored based on innovation stage.

Venture Studio + Academic Commercialization

Matching viable IP with executives & commercialization resources

Accelerator

Structured 3-month program for early-stage startups, provide access to mentorship and funding

Scalerator

12-month growth-focused program with a “commercialization residency” option

Resources for Ecosystem Partners

Integrated independent VC fund to provide needed growth capital and investment network

Virtual collaboration platform to enhance communication and consolidate best-in-class resources

Diverse network of regional academic, public & private stakeholders and the Global Accelerator Network (resources for 150+ top international accelerators)

Virtual & Physical Regional Incubators and Innovation Centers integrated with platform resources, specialized events and programming

Regional events to attract companies, investors & corporate partners

Targeted Outcomes

Advancement of healthcare innovation is a priority across the Carolinas, and ultimately benefits all stakeholders through bringing a critical mass of resources and investment to the region, increasing economic development, lowering the cost of innovation for corporations, providers, and academic institutions alike.

Government

Drive local economic development and solidify Carolinas as a hub of innovation