Female-founded healthcare startups invited to join new accelerator by Flat6Labs, Organon 

Organon, a global healthcare company, in partnership with Flat6Labs, the MENA region seed and early-stage venture capital firm, launched the Femtech Accelerator Program to support female-led startups operating in the digital healthcare space in MENA. The partnership was signed at the Expo 2020, USA Pavilion, marking the launch of Organon in the Middle East, North Africa and Turkey. The partnership is the kickoff of the company’s vision to work closely with partners in the region to empower innovative women’s healthcare programs.   

Dina El-Shenoufy, Chief Investment Officer at Flat6labs, added, “Globally, both the current startup landscape as well as the healthcare industry are male-dominated spaces. If we are to achieve greater gender equity, while supporting economic development across MENA, we need to do more to support female entrepreneurs and advance women’s healthcare. Our newly launched Femtech accelerator will meet this need and that of greater digital innovation in the healthcare space while demonstrating the importance of cross-industry collaboration to further the goals of female economic empowerment.”

Those startups selected to participate in the accelerator program will be female-founded and demonstrate that they can address unmet women’s needs in line with Organon’s mission to advance women’s health. Ten of the best startups will be invited to join the two-month intensive accelerator program following a selection process and receive support in turning their idea into a Minimum Viable Product (MVP) and securing venture funding.

Flat6labs will provide business and technical training and access to their local and regional partner networks. Participating startups will be connected to businesses, local and international experts, and access big data and new opportunities. Organon, meanwhile, will mentor participants, connect them with global industry experts, and provide access to their entire business network, including internal teams and external partners.

Watch this space for updates.