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    Psychiatry Innovation Lab

    A Mental Health Innovation Zone Event

    Speaker at the 2024 Innovation Zone
    Award recipient at the 2024 Innovation Zone

    The Psychiatry Innovation Lab hosts an annual live, shark-tank-like competition where aspiring entrepreneurs present their business ideas to a panel of expert psychiatrists, seeking funding (cash prize) and the chance to win a trophy. This event takes place in the Mental Health Innovation Zone at the APA's annual meeting.

    In 2024, our finalists were Lucid.Care Labs, EmpathyRx, and Health Innovated LLC.

    Attendees at the 2024 Innovation Zone

    We invite you to submit your groundbreaking pitch aimed at improving mental health care delivery and/or advancing psychiatric diagnosis, treatment, or patient management. Although the application window is currently closed, it will open in Fall 2024. Stay tuned for updates.

    If you are interested in being a sponsor for the 2025 Psychiatry Innovation Lab, please contact [email protected] to learn more about opportunities for participation.

    Submission Guidelines

    Individuals and groups interested in submitting their ideas should complete this submission form by or before Tuesday, February 2, 2025. The form includes uploading a 3-5 minute video recording of your innovation pitch. Your video can be uploaded in the form of a YouTube link, an MP4 file, or any other easily shareable video format.

    Speaker onstage at the 2024 Innovation Zone

    In your video, please address the following questions:

    1. Introduce Yourself & Your Motivation: Share insights about your background and why you’re passionate about participating in the PIL.
    2. Define the Mental Health Challenge: Clearly outline the specific problem within the realm of mental health care that your innovation seeks to address.
    3. Present Your Solution: Detail your proposed solution, and if applicable, discuss any preliminary research or evidence supporting its efficacy.
    4. Business Model & Monetization Strategies: Explain how you plan to sustain and grow your innovation through a business model or monetization strategies.
    5. Identify Your Target Market: Define the demographic or group you aim to serve with your innovation.
    6. Highlight Your Competitive Advantage: Elaborate on what sets your idea apart and gives it an edge in the mental health care sector.

    Contact Us

    For more information, contact [email protected].

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