The Massachusetts Medical Device Industry Council (MassMEDIC) and Medstro, the social network for physicians, have issued an open call to clinicians, engineers, designers and entrepreneurs to submit their medical innovations to the MassMEDIC MedTech Showcase Online Challenge on Medstro.
The top 5 finalists will receive a special invitation to present their new business idea at the MassMEDIC MedTech Showcase to be held on Friday, October 30 at the Westin Hotel in Waltham, Mass. These finalists will have ten minutes to pitch their ideas to a panel of expert judges and an audience of investors, biotech executives and news media. In addition to the company presentations, program segments include an opening plenary session and luncheon speaker.
The Showcase attracts over 300 attendees, including industry representatives and potential investors and strategic partners. Finalists will also receive free admission to the event for themselves and a guest, a $350 value.
Submissions are open until August 31 at the competition website on Medstro.
“This is an incredible opportunity for clinicians with big ideas to meet with investors and biotech executives and potentially turn their idea into reality,” said Dr. Jennifer Joe, Medstro founder and CEO and Editor in Chief of MedTech Boston.
“MassMEDIC is excited to take advantage of Medstro’s online, collaborative competition platform and its vibrant online community to source the next great ideas from clinicians,” said Tom Sommer, president of MassMEDIC. “We see this as a great model to create valuable startup businesses.”
Jim Ryan has spent the past 20 years building global markets for US-based telecommunications and enterprise technology companies. Mr. Ryan exited five startups (2 IPOs, 2 acquisitions, 1 Chapter 11) and now uses his expertise as one of the three founding partners of Farpoint Ventures helping startups from the US quickly build global sales channels and bring in revenues from overseas markets. Mr. Ryan has closed over $1B in export business for startups.Mr. Ryan holds a Bachelor's degree from Harvard University and a Master's degree from Osaka University. He is a native speaker of Japanese, and is conversational in Mandarin Chinese and French.In between meetings, he has climbed Mt. Rainier three times, finished the Boston Marathon and Cape Cod Marathon, climbed Mt. Washington in all four seasons and hiked to the bottom of the Grand Canyon 10 times. He holds a Private Pilot license and enjoys flying his Cessna 172 around New England and beyond.
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