OYSTER Incubator: Call for applications open now

OYSTER Incubator is now accepting applications for its upcoming cohort! Whether you’re a team with a validated business idea or a young startup in the early stages of your journey, this program offers the opportunity to fast-track your success.

OYSTER Incubator is part of a larger entity, a digital health RDI (Research, Development, and Innovation) Center, soon to be established by OuluHealth stakeholders around our brand-new university hospital. OYSTER Incubator opened its doors in September 2024 with pre-incubator program.

Our program equips early-stage health and life science startups with the tools, resources, and connections they need to thrive:

• Business Development: Insights on business models, accessing markets, creating impact, and scaling internationally.
• Market Fit: Tailor your idea to meet real-world needs.
• Funding Support: Guidance on securing funding, investor matchmaking, and budgeting.
• Regulatory Expertise: Learn about device classification, standards, compliance, and approval pathways.
• Product Development: Prototype, create an MVP, and test with authentic end users.
• Tailored Training: Deep dives into strategy, IP/patent protection, pitching, marketing, reimbursement strategies, manufacturing, and go-to-market planning.
• Mentorship: Personalized support from experienced mentors.
• Networking: Access the OuluHealth ecosystem and its international partners.

• Location: OYSTER Incubator, Oulu
• Commitment: Frequent attendance at OYSTER premises (~every second week) with individual support available.
• Duration: Runs until May 2026, with continued eligibility based on milestone achievement.
• Language: Training is partially in English; proficiency is essential.
• Delivery: Executed by OYSTER Incubator with contributions from external experts.

• Teams with validated business ideas (via OYSTER Pre-Incubator or other sources).
• Early-stage startups in the health and life sciences sector.

• Application Deadline: December 16, 2024
• Interviews: Qualified teams/companies will be invited for interviews shortly after the deadline.
• Program Start Date: Late January 2025

Submit your application (including a pitch deck) by December 16, 2024, at OYSTER Incubator Application Form

For more information, contact:
Minna Komu
Email: minna.komu@businessoulu.com
Phone: +358 50 591 7721

OYSTER Incubator: Making the Future — Empowering health & life science startup