Last week the e-health company No Tinnitus won the entrepreneurial program STING Test Drive Health. During March and April the 15 selected companies have had the chance to develop their business ideas in health. The winner, No Tinnitus, is a digital health company using mobile technology to reach and treat their users.
The teams in the STING Test Drive Health , all of which have early, innovative business ideas in areas such as stress, diabetes, smart alcolock and digital translation tools for healthcare, have during seven evening workshops developed their ideas and business models, and gotten the chance to learn what it means to build a company. The program is organized by STING and sponsored by the Innovation Offices at Karolinska Institutet and Stockholm University and Openlab at KTH.
At the finals, companies pitched their business ideas before a jury consisting of Christina Bendz , Head of the Innovation Office at the University of Stockholm; Pär Nordström, Investment Manager at Almi Invest; Ivar Björkman, Manager at Openlab and Erik Brandberg, Partner at Gullspång Invest.
The jury selected No Tinnitus as the winner, which creates an individualized treatment through its app with the potential to cure severe tinnitus in 30 days with the help of the user’s favorite music. The winner received SEK 10 000 with the following motivation:
“For a curative application, presented in a realistic way, with the potential to reach a huge market with the help of superstars – if the method actually delivers the expected results. The winner of the STING Test Drive Health 2016 is No Tinnitus”.
– Test Drive Health has been both fun and educational. The lecturers and course leaders have helped us see both the path and the goal. Thanks to them, we will avoid many mistakes. We are filled with energy, hugely excited and very grateful, says Donald Altin, one of the founders of No Tinnitus.
– During the spring round of STING Test Drive, we have seen e-health solutions to problems in very different areas – it creates conditions for creative discussions and very exciting meetings, says Gisela Sitbon, Program Manager and Business Coach at STING (Stockholm Innovation & Growth).
The next round of STING Test Drive Heatlh will be held in spring 2017. Follow STING on Facebook to stay informed about our programs and events.