30 Sep 2020
Registration is now closed.
Online
Overview
Medtech product development requires long gestation periods with significant inputs of capital to build and scale a medtech product. Medtech startups and SMEs deploy a range of strategies to secure funding from multiple sources – government, philanthropic, bank loans and venture capital.
This webinar for medtech startups aims to provide insights about funding drawn from experts such as founders of medtech startups and SMEs, venture capital and philanthropic organisations.
The workshop is part of the Longitude Prize Sprint programme.
When: 30 September 2020
2.00pm British Summer Time (BST)
6.00am Pacific Daylight Time (PDT)
9.00am Eastern Daylight Time (EDT)
6.30pm India Standard Time (IST)
2:00 – 2:10pm BST: Introduction & setting the context Dr Satya Dash & Ruth Neale, Longitude Prize
2:10 – 3:15pm BST: Building a diagnostic company
Colin Denver, CEO, SpeeDx, Australia (30 minutes)
Dr Chandrasekhar Nair, Co-founder, Bigtec/Molbio, India (30 minutes) Dr Nair will speak about his personal journey in building BigTec/Molbio. How did he gain the investment that he needed and what were the keys to the success of a highly challenging product development process
3:15 – 4:00pm BST: Break-out session with start-up founders Workshop attendees will join small group break-out sessions with successful diagnostic company founders and have the opportunity to ask direct questions.
Break-out group 1:
Group 1 Facilitator: Dr Abel Ureta-Vidal, Serial Entrepreneur, Founder of Eagle Genomics, Investment Director at CMS Ventures, UK
Ray Martino, Specific Diagnostics, CA USA
Colin Denver, CEO, SpeeDx, Australia
Break-out group 2:
Group 2 Facilitator: Dr Julie Rosser, PreGenerate, Austria
Dr Chandrasekhar Nair, Bigtec/Molbio, India
Dr Tuhin Bhowmick, Co-founder Pandorum Technologies, USA
4:00 – 4:15pm BST: Break
4:15 – 5:10pm BST: Panel discussion with founders and investors moderated by Dr. Satya Dash, Member, Board of Directors, NCL-Venture Center, Pune, India
Panel members:
David Gill, St John’s Innovation Centre, UK
Manish Miglani, Impact Invesment, Nesta, UK
Radha Kizhanattam, Unitus Ventures, India
Dr Abel Ureta-Vidal, Serial Entrepreneur, Founder of Eagle Genomics, Investment Director at CMS Ventures, UK
The panel discussion will touch upon the following themes:
What are the salient features of fund raise process for product development and how do founders navigate the process?
What frameworks do venture capital firms use to make investment decisions?
What are nuances of fund raise in different geographies?
What are the public, philanthropic and other sources of funding that are available for medtech startups and SMEs?
What are the Do’s & Don’t’s of dilutive funding?
5:10 – 5:15pm BST: Closing remarks
Workshop Moderator
Dr. Satya Dash, Member, Board of Directors, NCL-Venture Center, Pune, India
