These companies were provided with seed funding, mentorship, and office space in exchange for equity.
[6] The firm has since ceased the internal founding of its own startups to focus on connecting corporate partners with entrepreneurs outside its own walls.
Healthbox, founded in 2011 and a strategic partner of BCBSVP, began as a three-month startup accelerator program that provides seed capital, mentorship, office space, and advisors to healthcare-related companies.
[11] Excelerate was named one of Tech Cocktail's Top 15 USA Startup Accelerators in 2012.
[citation needed] Sandbox has an exclusive partnership with BlueCross BlueShield Venture Partners to manage and invest BCBSVP Funds I, II, and III.