Healthbox will run a competition to find 10 entrepreneurial teams from around the US to participate in a three-month programme and receive $50,000 in seed capital.

Sandbox Industries, a US-based venture capital firm that manages the medical group BlueCross BlueShield Association’s corporate venture fund, has started an incubator for healthcare companies.

Healthbox will run a competition at www.healthboxaccelerator.com to find 10 entrepreneurial teams from around the US to participate in a three-month programme and receive $50,000 in seed capital.

The launch comes a year after Sandbox started the Excelerate Labs programme, which has its second competition starting next month.

Nina Nashif, vice-president of Sandbox…