05 Mar Resources, Collaboration and Southern Charm: Why Dallas is Great for Healthcare Startups
Dallas Startup Week has managed to draw large crowds despite the stubborn weather. With more than 100 events taking place in over a dozen industry tracks, startup veterans and newbies alike filled downtown offices and coworking spaces to take part in the largest startup event of its kind in Dallas.
One track that set out to fill the week with programming, panels, and parties is healthcare. Healthcare is a big deal in Dallas-Fort Worth. In fact, the industry adds $52 billion to our regional economy and four national healthcare systems call the metroplex home.* And with a dedicated healthcare accelerator, events like Startup Week: Health Edition, and major medical research institutions like UT Southwestern, it seems like healthcare entrepreneurs should really be asking “why not Dallas?”
Health programming kicked off the week with a panel titled “Health Startups 101: Secrets to Launching in DFW.” Each of the three panelists had their own reasons for launching in Dallas but all cited the low cost of doing business and access to resources as key in their decision to call Dallas home.
Health 2.0 Dallas, Society of Physician Entrepreneurs, BioNorth Texas, DHealthcare Daily, and Health Wildcatters are just some of the meetups, associations, media outlets, and accelerators that healthcare startups have access to in North Texas.
There are financial resources too. Last week, Dallas-based startup Lantern Pharma, Inc. announced they secured an investment just shy of $1 million from Dallas based Green Park & Golf Ventures and other private investors.
The collaborative startup community was another factor mentioned by panelists as a reason they felt encouraged to start their business in Dallas. “People here are just nice,” Matt Schwartz a California native and Chief Technology Officer of Dallas-based EasyEye said.
With the entire DFW startup community coming together for Startup Week, it appears that while Dallas does things big, that rule doesn’t always apply to our egos.
Startup Week Dallas—Health
Interested in learning more about the health-startup scene in Dallas? There are three more healthcare events coming up for Startup Week:
Why Beautiful Design Matters to Health, Software, and Application Development. Thursday, 2pm. Chase Basecamp, 1700 Pacific
The Road to Exit Roundtable. Friday, 2pm. Chase Basecamp, 1700 Pacific
Happy Hour: Meet the Next Wave of Health Startups in DFW. Friday 5pm. 1807 Ross Avenue, Suite 300.
*Source: Dallas Regional Chamber’s 2014 Regional Economic Development Guide