Tues, June 27th, 2017, 4:30 PM – 7:00 PM Central
FOR MEDTECH, BIOTECH, MED DEVICE, & IVD STARTUPS
MEDTECH & BIOTECH STARTUP NETWORKING NIGHT SPONSORED BY IMUA SERVICES & UNIVERSITY ENTERPRISE LABS
University Enterprise Labs, 1000 Westgate Dr, St. Paul MN 55114
Join us for an evening of community, connection, and collaboration. Network with like minded entrepreneurs, startups, students, researchers and anyone interested in starting their own business in the medtech, biotech, medical device, or IVD fields.
$9.97 early bird through June 22nd
$14.97 general admission through June 27th
each ticket includes appetizers and drinks
BECOME A SPONSOR….GET YOUR BRAND OUT IN FRONT OF RTC’S NEWEST STARTUPS:
Sponsor tables available for $74.99 and include admission for 2, 6 ft. table, logo on event page, and a 1 minute company highlight
I did something new this week and we did a dual recording with my guest, Charlie Birney who produces the Launch Podcast which features stories about startups. Listen to his edited version of our conversation (which will be different than mine) here.
We dove into the specifics of Launch Workplaces, who’s gracious enough to host the Imua Services medtech & biotech startup networking event at their Rockville location on May 11. To find out more info and register, click here.
Launch is a boutique co-working space provider with several locations in the greater D.C. / Maryland / Virginia area whose offerings go way beyond just space. Charlie talks in depth about his favorite parts of being a tenant there as well as one thing that makes them unique — startups get featured on their Launch Podcast! Speaking of that, we talk about how to leverage a podcast as a host and a guest for PR and to help amplify your company’s message.
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Sprout found himself in a bad situation when his momma pig fell on him. This is a huge problem in the farming industry. According to Matthew Rooda, CEO of startup SwineTech says that 116 million piglets died last year because of this and his company is on a mission to make sure that number drastically decreases. Their product Swineguard detects piglet squealing then delivers a small shock (similar to a dog collar) to the momma pig so she moves out of the way and doesn’t crush the piglets.
As for Sprout, he’s in good hands with his community of humans taking care of him at Crossfit North Reston, where his owner Melissa works out. The crossfit community has really stepped up to rally around saving little Sprout who was almost put down from his injury. Now, his road to recovery includes specific exercises to strengthen his muscles but could use your help. Since you all come from a background in medical technology, what other ideas do you have that can help little Sprout?
Medical Device Tax Repeal
This past week, Washington was abuzz with what will happen if the ACA is repealed. For medical device manufacturers, the question about the medical device tax repeal is top of mind. This tax, a 2.3% for innovation on new products, was enacted to raise funds for the ACA. It was so unpopular and stifled innovation so it was suspended for 2016 and 2017. The battle has begun to see what will happen in 2018.
The tough thing for the industry to swallow was that medical device manufacturers were taxed pre-revenue, making it difficult for the entrepreneur or startup to get their business off the ground. That lead to the suspension.
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Want to hear from real startups about their journey in medical device development? You got it right here…
When I was at the OCTANe Medical Device Investor Forum recently, I had the chance to interview several startups about their journey, what their technology is, and what advice they would give to someone just starting out. They’re battling the rough waves of development but they get right back on their board when they fall off. I hope this inspires you to do the same and IMUA with your idea!
- The best part of a startup journey according to Rich Hanson of PhageTech and Byron Shen of Velox Biosystems [5:18]
- A brief history of Milk Tracker by Avento Technologies [6:52]
- The hardest part of being a startup according to Mandy Gagedeen of SugarCube [10:22]
- Why it’s important to know how fit and adjust personality and leadership style in startups from Neto Sosa of Velox Biosystems [12:05]
- Why startup is more than just building a business or being cool [14:41]
Jiji the Penguin from the Mind Research Institute:
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