Program areas at Hopelab
Program activities related to improving mental and emotional well-being of young peoplehopelab continued its programmatic efforts to support the mental health and well-being of lgbtq+ and bipoc young people. Pivoting away from product development, Hopelab focused efforts on relationship-building, convening researchers, philanthropists, investors, and young people at an intergenerational retreat focused on improving youth mental health outcomes. In august, the responsible technology youth power fund granted $1.8 million in pooled funding to 26 youth-led initiatives dedicated to building a more inclusive, equitable, and accountable technology ecosystem. The young innovators in behavioral health awards, a program created in partnership with the meadows mental health policy institute and going digital behavioral health, recognized 30 winners for their contributions to access, awareness, and advancement of digital mental health care for young people in the u.s.
Investmentshopelab continues to expand its external investments initiative to invest in and partner with entrepreneurs, thought leaders, and innovators who are similarly committed to improving the health and well-being of teens and young adults. This capability allowed for the flexibility to support both for-profit and nonprofit teams dedicated to scaling social impact. Hopelab's investment approach combines early-stage capital with expertise in research, design, youth co-creation, and payment models to support the development and adoption of better, more diverse, and accessible mental health and well-being solutions for young people. In 2023 Hopelab made direct equity or convertible equity investments in the following companies: dynamicare health, Inc., trace app Inc., attention technologies, Inc., caraway Inc., vytyl health management, Inc., yourpath, flourish, personal best Inc., neuromotion Inc., youme healthcare Inc., oui therapeutics, violet services, Inc.
Advisory services to foster positive change in the creation of mental health products and serviceshopelab works in an advisory capacity with organizations and partners that create mental health products, services, and research. Each project is crafted to elevate the partners' initiatives through the capabilities of the interdisciplinary team with expertise across the fields of design, research, and youth co-creation. Initiatives include collaborative design experiences, consultations to help partners better understand the needs of stakeholders, impact assessment, and/or systems-oriented processes to refine product development. Many of the projects are part of Hopelab's investment approach which combines early-stage capital with expertise in design research, impact evaluation, prototyping, ui/ux design, and youth co-creation to support the development and adoption of better, more diverse, and accessible mental health and well-being solutions for young people from diverse populations.