20Fathoms

20Fathoms is an active nonprofit startup incubator and technology hub based in Traverse City, Michigan. It provides coworking space, educational programming, networking opportunities, and access to capital for entrepreneurs and tech professionals. The organization has played a key role in supporting the growth of local startups—including those in digital health—and aims to diversify Northwest Michigan’s economy beyond tourism by fostering high-paying tech jobs. Its HealthSpark Accelerator specifically targets digital health solutions for rural healthcare challenges. The organization does not develop its own therapeutic products or maintain a drug pipeline.