Concept

The program is aimed at teams of MSc, MDs, PhD students, and/or postdocs – as well as young professionals – who have a business idea for a product still in research and development in the area of medical engineering. Specifically, it targets projects that have achieved technology readiness levels from around level 2 (technology concept formulated) to level 5 (technology validated in relevant environment).

The MedTech Bootcamp will help you…:

check your …
…customers
…problem
…UVP
…solution
…to reach product-market-fit
by engaging with a lot of stakeholders
develop a roadmap through the Medical Device Law + a clinical validation plan
polish the team structure
professionalize your pitch in various formats

Program

1. Workshops + Knowledge Transfer

One of the four Bootcamp pillars are expert sessions and workshops. The rough structure for the five weeks is as follows:

  • Week 1  Market opportunities @unternehmertum
  • Week 2  Market access, intended purpose, pitch training, 1on1s @FAU
  • Week 3  Financing, investor relations, investor pitch @IESE Business School
  • Week 4  Regulations, legal topics, storytelling, 1on1s @FAU
  • Week 5  Stakeholder feedback, production, 1on1s @FAU

2. Mentor Program

  • Weekly Mentoring: every team has one dedicated mentor, that they meet once per week
  • 1on1s: pre-scheduled meetings with experts, that will meet all 10 teams; topics are for example Medical Device Law or Production planning;
  • Mentoring after the bootcamp: every team can select one coach from theEIT Health MCN network for the time after the bootcamp.

3. Deliverables

To increase pressure every team has a list of to-dos for each week. The biggest goal for those five weeks is to talk to at least 50 stakeholder!

4. Startup + Corporate Network

The 10 participating startup can tap into the great network the bootcamp and it’s partners provide. It‘s their responsibility to make use of it, to ask for contacts, be prepared, have questions ready.