During the 2-month program of the EIT Health Bootcamp: MedTech, ten teams of young and ambitious engineers from all over Europe transformed their ideas into successful startups, while learning and working on business creation and validation. On the 9th of November, the award ceremony of the winning team of our EIT Health MedTech Bootcamp took place at the Portershed in Galway. OPSYON from Munich won the first place with their business idea to generate new and effective immune-oncology therapeutics with reduced systemic toxicities.
During the EIT Health Bootcamp: MedTech the teams went through three different phases. The 1st phase took place UnternehmerTUM in Munich. At UnternehmerTUM the teams got a business design toolbox for developing and implementing a sustainable future business plan. Furthermore, every startup had the possibility to receive individual coaching and to build a network with investors and experts.
The 2nd phase took place at the Friedrich-Alexander University Erlangen-Nuernberg (FAU) and ZiMT in Erlangen where the startups used validation as the key to a successful startup and business idea. Aside from the ZiMT and d.hip space the locations for trainings and courses were the ZOLLHOF Tech Incubator and JOSEPH’S in Nuremberg as well as the Machine Learning and Data Analytics Lab of the Computer Science Department During individual coaching sessions and free lab time the startups had the possibility to fine-tune their products and get feedback from experts.
In the 3rd phase the teams started their three weeks roadshow through Europe. The first stop was in Barcelona at IESE Business School where the teams got an interesting overview in sensory-motor rehabilitation, current cancer research projects, and financing new ventures as well as financial accounting. The second stop was at YES!Delft where the Dutch healthcare system was discussed. Furthermore our teams had the possibility to pitch in front of the Yes!Delft network and during EIT Health LaunchDay. The final stop was at NUI Galway with BioInnovate and BioExcel as partners where the teams got an overview about the Irish MedTech ecosystem, intellectual property, and regulatory affairs. Moreover, the final took place at NUI Galway.
The second place went to ReMeDi from Munich, who designed a tele-robotic medical device that enables doctors to examine patients over long distances. Deepsense from Paris scored on the third place and is working on cardiac and respiratory monitoring devices that allows a follow-up of babies without electrodes.
The winning team, OPSYON, had the chance to present their business idea again at the EIT Health Summit 2018 in Lodz. OPSYON also won this event and made the startup the winner of all six EIT Health Bootcamps.