HEALTH NEWS: Time is running out for healthcare startups to apply to the MedCity INVEST Pitch Perfect competition!

There’s by no means been a extra thrilling time in healthcare, notably for entrepreneurs. Funding in digital well being reached $14.2 billion final 12 months, in line with StartUp Well being. Life science firms raised $23.three billion throughout 1,308 offers, in line with the Nationwide Enterprise Capital Affiliation and PitchBook Enterprise Monitor. Biopharma, diagnostic, medical system and well being IT startups are growing modern approaches to enhancing high quality of care and remedy choices.

The MedCity INVEST convention in Chicago April 23-24 presents a discussion board for firms to current a few of their intriguing applied sciences to a roomful of traders and healthcare stakeholders in one of many largest and most numerous occasions of its sort within the Midwest. However time is operating out to be a part of this occasion.

The deadline to use for the 2019 competitors is Jan. 15. Click on on this hyperlink to use!

With a purpose to take part firms should fulfill at the very least one in every of these necessities:

  • Raised at the very least $1 million
  • Raised a Collection A spherical
  • Have at the very least one certified institutional investor or strategic investor which you could establish

Candidates must also be on the lookout for new funding within the subsequent 12 months.

When filling out the 2-page government abstract portion of the applying, please be particular about what you see because the unmet want within the market, your organization’s worth proposition, how your product works and its underlying expertise and your go-to-market technique. Please additionally embody pilot outcomes or different related info you are feeling units your startup aside from different candidates.

As a information, traders shall be screening functions based mostly on the next standards:

  • Enterprise Thought
  • Market Alternative
  • Income Mannequin
  • Founder’s Expertise

We’ve confirmed a number of traders to function judges for the competitors, and plan to announce extra within the coming weeks when they’re finalized. They embody: Matt McAviney, principal at New Enterprise Associates, Wouter Meuleman, director of enterprise investments at Illumina Ventures, Adam Koopersmith, companion at Pritzker Group, Nicole Walker, companion at Baird Capital, John Mattison, chief medical info officer and assistant medical director for Kaiser Permanente and Jessica Zeaske, companion with Echo Well being Ventures.

Apply as we speak!

Picture: Warchi, Getty Photos

, , , , , , , , , , , , , , , , , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *