Each startup will receive $100,000 in grant funding from Johnson & Johnson Impact Ventures
Washington, DC [September 1, 2021] — Village Capital, in collaboration with Johnson & Johnson Impact Ventures, an impact investment vehicle of Johnson & Johnson Foundation, today announced that Omaiven Health and Lucia Health Guidelines were peer-selected to receive investment as a part of Building A Culturally Competent Healthcare System, an accelerator program for tech-enabled startups focused on providing culturally competent care to Black, Indigenous, and People of Color (BIPOC), low-income, or other underserved communities.
“The pandemic has shed light on the stark reality that the US healthcare system is still plagued with inequity, making culturally competent care absolutely necessary as we innovate in healthcare,” said Matt Zieger, Chief Program Officer-Americas at Village Capital. “We are thrilled to support companies like Omaiven Health and Lucia Health Guidelines that are creating tangible solutions that directly advance health equity."
Omaiven Health and Lucia Health Guidelines were selected for investment by a group of peer entrepreneurs on the final day of Building A Culturally Competent Healthcare System, a four week long accelerator program managed by Village Capital in collaboration with Johnson & Johnson Impact Ventures. The ten entrepreneurs in the program evaluated each other through an investor lens, using eight specific investment criteria that leverage Village Capital’s Abaca Pathway. Omaiven Health and Lucia Health Guidelines were ranked “most investment ready.” The two companies are focused on the following:
The remaining companies in the Building A Culturally Competent Healthcare System cohort were:
For more information, contact Rustin Finkler at Village Capital (rustin.finkler@vilcap.com).
About Village Capital
Village Capital helps entrepreneurs bring big ideas from vision to scale. Our mission is to reinvent the system to back the entrepreneurs of the future. Our vision is a future where business creates equity and long-term prosperity. Since 2009, we have supported more than 1,000 early-stage entrepreneurs through our investment readiness programs. Our affiliated fund, VilCap Investments, has invested in more than 100 program graduates.