Serhii Tokarev spoke about the Generation H 3.0 HealthTech accelerator, which is opening applications to international startups for the first time
Generation H is a medical technology accelerator programme developed by SET University in partnership with the Tokarev Foundation. The HealthTech accelerator has opened applications for its third intake and, for the first time, expanded eligibility for participants. Ukrainian startups based abroad with an MVP or a product ready to scale can now apply to Generation H. Applications are open until 24 May. Serhii Tokarev, founder of the Tokarev Foundation and co-founder of SET University, made the announcement.
What does the Generation H programme offer?
Over the past two seasons, 30 projects have gone through the accelerator. The total amount of investment raised by graduates reached UAH 11 million. The startups made it into the TechCrunch Startup Battlefield Top 200, won various competitions, including EIT Jumpstarter and Google for Startups, and expanded into European and American markets.
Among the graduates:
- M Shield: a drug that prevents the spread of metastases
- TAYRA.AI: an AI medical assistant that automatically organises doctors’ consultations
- Ovul: an AI device for tracking fertility through saliva analysis
Given the market dynamics, the expansion of the Generation H programme to the international level is entirely justified: AI in healthcare is growing by 35–40% annually, and the global digital health sector has already surpassed $300 billion.
“I believe that the HealthTech sector is uniquely capable of having a real impact on quality of life in the shortest possible time. However, we need not only a high-quality product, but also an understanding of regulatory requirements, medical logic, and decision-making cycles. That is why mentoring and acceleration are indispensable in the HealthTech sector,” says Serhii Tokarev.
Programme participants can expect product crash tests, business model validation, personalised matchmaking and mentoring, workshops, and regulatory support. The mentors include industry professionals with real-world experience: Eric Henry, Senior Advisor on FDA Compliance at King & Spalding; Vladimir Nerubenko, co-founder of the Liki24 Foundation and TerraLab; Fergus O’Dea, Vice President of Commercial Operations at FIRE1; and Alexa Sinyacheva, a Techstars mentor and co-founder of Moeco.
“The launch of Generation H proved that Ukraine’s HealthTech sector has been greatly underestimated. We are now assessing whether Ukraine can become a global innovation hub. That is why, for the first time, the programme is being expanded to Ukrainian startups based abroad,” says the co-founder of SET University.
The programme format is hybrid. Foreign participants can work online without being required to attend in-person events. The grand prize is UAH 650,000.
