'MedTech’s Got Talent' young entrepreneur challenge

MELBOURNE, Australia - Aug. 7, 2013 - PRLog -- STC (the Small Technologies Cluster (http://www.stcaustralia.org/)) is pleased to announce the launch of ‘MedTech’s Got Talent (http://www.stcaustralia.org/entrepreneur-challenge/)’ a unique program to develop and refine skills in pitching a business concept, developing a technology roadmap and launching commercialisation activities for enabling medical technology innovations. The objective is to develop a more entrepreneurial culture and to grow Victoria’s medical technology cluster.

Who will win the inaugural ‘MedTech’s Got Talent’ entrepreneurship challenge? The STC is currently recruiting bright minds & entrepreneurial spirits to participate in the challenge. How it works:

·         Submit an Executive Summary (or if you don’t have an idea of your own but want to contribute, join a team—ask STC for details): Deadline is October 22!

·         The top 30 applicants will participate in the Rapid Fire Round (October 31) where eight product development mentors each select two teams (for a total of 16 semi-finalists) to mentor intensively through a 1-month training program leading up to The Finals gala pitch event

·         At The Finals, each team will have 3 minutes to pitch their business concepts-- five category winners will be announced

·         The selected 5 teams will receive a $20,000 voucher to undertake an intensive three-month accelerated technology road-mapping with their mentors alongside a host of valuable service prizes from Victoria’s strong enabling technology sponsors with space in STC’s ‘The Tap’ advanced technology coworking space

·         At the conclusion, they will pitch to real investors in a closed-door investor boardroom event

Who’s Eligible? Each business concept must be championed by an eligible participant: a currently enrolled student in a Victorian university, a currently employed post-doc in a Victorian organisation (university, research institute, hospital or company), or a recent graduate (<5 years) from any university and currently residing in Victoria.

‘MedTech’s Got Talent’ is generously supported by the Victorian Government’s Department of State Development, Business and Innovation, as an initiative of the Enabling Technologies Skills Strategy – Small Technologies. The Service Sponsors of the challenge are providing valuable in kind support to challenge participants: Griffith Hack, SecondNature and BioMelbourne Network. We are also working closely with marketing and media partners UniGateway, BioMelbourne Network, Startup Smart, MTAA, NICTA, ICT for Life Sciences and York Butter Factory.

 

Interested in sponsoring or providing in kind service package support to winning companies? Please contact Laura Faulconer (laura@stc-melbourne.com).