
Prosper HealthTech Accelerator Spring 2027
$50K for 5% common equity + optional $40K convertible note ($90K total)
- Deadline
- Nov 8, 2026
- Applications
- Closed
- Location
- Birmingham
- Duration
- 12 weeks
Applications are closed
The application window closed Nov 8, 2026. This page stays here for the record.
About this program
The Prosper HealthTech Accelerator (PHTA) invests in five high-growth startups per cohort. It is open to any startup creating cutting-edge health technology, and aims to make Birmingham, Alabama the center of health technology solutions in the Southeast. Its mission is to find and fund the most audacious and disciplined healthcare founders; the program is ideal for early-stage companies that tackle major healthcare challenges. Selected teams build in Birmingham for 12 weeks alongside a network of healthcare partners and mentors.
Key Benefits
- $50,000 for 5% of the Common Equity via a Stock Purchase Agreement (required to participate), plus an optional $40,000 convertible note, for $90,000 total initial investment
- Three months of hands-on, high-touch go-to-market and fundraising consulting, plus access to the PHTA network and capital
- Twelve weeks of individualized coaching and mentorship from the gener8tor team during bi-weekly, one-on-one meetings
- One-on-one meetings with 100+ connections including serial entrepreneurs, industry experts and investors
- Weekly cohort programming featuring topics tailored to each cohort
- End of program showcase to pitch to entrepreneurs, mentors, investors and community members
- $1M+ in deals and perks from vendors like IBM Cloud, Rackspace, Amazon, PayPal, Zendesk, Hubspot and Microsoft
Eligibility
- Any startup creating cutting-edge health technology; ideal for early-stage companies that tackle major healthcare challenges
- Best fit: companies with two or more of innovative technology or IP, high utilization, impactful solutions that cut costs or save lives, strong market potential, clinical validation, and a founding team with healthcare industry expertise
- Accepting PHTA's terms is required to participate; terms are fixed across cohorts and not negotiable
Program Structure
- 12 weeks, in person in Birmingham, AL, Monday to Friday; only one team member is required to attend in person; no virtual option
- Five startups per cohort
- Application deadline: November 8th, 2026
- Program kickoff: January 21st, 2027. Program end: April 16th, 2027
- After the program: a 5-minute monthly progress update; PHTA gets information rights but no board seat
Program questionnaire
What Gener8tor asks on its own application. Nothing is answered here, prepare these, then apply on their site.
- 1
First Name
- 2
Last Name
- 3
Email
Email - 4
Personal Pronouns
Choose onePlease select your personal pronouns. Why do pronouns matter? Read more here: https://lgbtlifecenter.org/pronouns/
He/Him · She/Her · They/Them · Use my first name · Prefer Not to Answer · Ze/Zie
- 5
Phone Number
Do not include your country code.
- 6
LinkedIn
Link - 7
City
- 8
State
For US and Canadian applicants only. If you are outside of the US or Canada, please enter "Other."
- 9
Country
- 10
Program
Choose severalProsper HealthTech Accelerator Spring 2027