Blue Cross Blue Shield of Massachusetts launched a new program that will provide financial, strategic and mentorship support to startup founders of color focused on creating equitable healthcare services and solutions, Fierce Healthcare reports.
Startups participating in the Health Equity Business Accelerator program will receive a $150,000 investment and nine months of programming to help accelerate growth and foster innovation.
“This is not a philanthropic act; it’s a good investment and business decision,” said Andrew Dreyfus, president and CEO at BCBS of Massachusetts, in a statement. “By investing in these diverse start-ups, we’re able to help support the growth of businesses that are centering equity in their work and making advances in technology and services that will lead to improved health outcomes.” Read more.
