Think Big Partners, a Kansas City-based early-stage startup accelerator, is teaming up with Kansas City-based tax services providerÂ H&R BlockÂ to put onÂ Hackovate Health, a competition thatÂ challenges entrepreneurs to dream up apps to help consumers navigate a health care landscape impacted by the Affordable Care Act.*
"There are significant financial considerations for millions of consumers under the new health care rules," Bill Cobb, president and CEO of H&R Block, said in a press release.Â "Technology-based innovation has the potential to address many of the consumer-based financial implications that stem from the rollout of the new health care law."
H&R block is the major sponsor of the event and will award three winners monetary prizes â€“ $15,000 for first, $5,000 for second and $2,500 for third â€“ and the opportunity to meet with senior management. Winners will be selected by a panel of judges.
Ideas must be submitted on the event's websiteÂ by Jan. 31. Ten finalists will be chosen in early February. Those finalists will present their ideas Feb. 27 at Union Station in Kansas City, Mo.
*Updated Nov. 29 at 3:20 p.m. - The article was revised to reflect the correct spelling of "Hackovate." A previous version of the story referred to the event as Hackavote Health.