MASSDEVICE ON CALL — Microsoft (NSDQ:MSFT) is dipping its toes into digital health, teaming up with Becton Dickinson & Co. (NYSE:BDX) to host a single class of digital health startups in Israel starting in August.
The program is accepting applications now for a 4-month program that will provide startups with mentorship, workspace, tools and other resources to get the companies off the ground. Microsoft doesn’t plan to take an equity stake in the companies it will host, but Becton will offer optional convertible investments, according to a press release.
The accelerator is located in Tel Aviv, Israel, where Microsoft has hosted a series of startup programs. The new initiative marks the 1st time and last time that the accelerator will devote an entire class to health-focused projects, according to MobiHealthNews.
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