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This workshop will be a forum for start-up and SMEs developing diagnostic tests to:

Hear from successful entrepreneurs who have built diagnostic companies, what do they think were their key factors for success?
Hear from venture capital investors about what they expect and need before making investments.
Meet in small break-out sessions in which you will interact directly with other medtech startups who have built or are in midst of building their enterprises and share insights.
Participate in panel discussion where you can ask both medtech leaders and venture capital fund managers about the intricacies and nuances of dilutive fund raise.

Note: this webinar is the second in the Longitude Prize Sprint series.

More details can be found on the Longitude Prize website here. Registration is limited, if you have trouble registering please send an email to longitude.prize@nesta.org.uk

Agenda

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 (30 minutes)

Dr Chandrasekhar B. Nair, Bigtec/Molbio (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 session 1:

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 session 2:

Dr. Chandrasekhar B. Nair, Bigtec/Molbio, India
Dr Julie Rosser, PreGenerate, Austria
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.

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
Dr Tuhin Bhowmick, Co-founder Pandorum Technologies, USA

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

Longitude Prize Sprint Workshop: How to Attract Investment