Rhode Island Business Competition Names Winners –Med Tech Track Finalists Awarded by NEMIC with support from Rhode Island Commerce
Providence, RI - May 13, 2020 – The Rhode Island Business Competition announced the winners of the 2020 competition last night in an online awards ceremony. This year, the New England Medical Innovation Center (NEMIC) partnered with the Rhode Island Business Competition to manage the Med Tech Track of the competition with the support of Rhode Island Commerce.
Winning the Med Tech Track was ResusciTech, co-founded by Abigail Kohler and Gregory Fine, both recent Brown University graduates studying biomedical engineering and electrical and computer engineering. ResusciTech has developed a novel CPR feedback device that will give people the ability to perform CPR accurately with real-time feedback to increase survival rates of victims of cardiac arrests. ResusciTech received prizes of $10,000 in cash sponsored by Rhode Island Commerce, 20 hours of in-kind mentoring sessions by NEMIC, plus $32,525 in professional and consulting services from sponsorships of the Rhode Island Business Competition.
The two Med Tech Track finalists each received $2,500 in cash prizes sponsored by Rhode Island Commerce, ten hours of mentoring services provided by NEMIC, and $13,275 of in-kind services.
Med Track Finalists:
bosWell is developing a two-sided marketplace that connects health plans and providers to community-based organizations utilizing a free application for client management which links individuals at CBO touch points back to care teams. Principal applicant: Aristotle Mannan
Synapse Dental has developed a low-cost, highly effective device to mitigate dental pain in under 2 minutes for most dental pain issues. Principal applicant: Cosmo Haralambidis
In addition to the esteemed panel of Judges for this year’s competition, NEMIC pulled in local industry professionals, Dom Messerli and Jenna Marchal, to judge the preliminary applications for the Med Tech Track. Both Messerli and Marchal bring deep expertise in regulated medical device development and business knowledge to judge the commercial viability of the Med Tech Track applicants.
You can read the Rhode Island Business Competitions full press release here to explore the Entrepreneur Track finalists, prizes, and judges.
Sponsors of the 2020 Rhode Island Business Competition – Med Tech Track
Thank you to Rhode Island Commerce for sponsoring the Med Tech Track of this year’s Rhode Island Business Competition. Rhode Island Commerce granted NEMIC $15,000 in cash to distribute to finalists of the Med Tech Track.
About the New England Medical Innovation Center (NEMIC)
The New England Medical Innovation Center (NEMIC) is a not-for-profit Med Tech Venture Studio located in downtown Providence, Rhode Island. We support local, regional, and global Med Tech entrepreneurs and startups on their path to commercialization through education, advisory services, events, network, and a collaborative innovation center. Founded by Managing Partners, Aidan Petrie and Lydia Shin Schroter in late 2017, NEMIC has decades of combined medical device development and entrepreneurial experience. But what makes our work so impactful is our extensive network of local expert advisors and subject matter experts who simplify clinical access, regulatory (FDA) strategy/pathways, and ultimately facilitate connections between early stage startups and funding sources.
Navigating a regulated industry is hard. NEMIC can help. www.nemicenter.com
Download this Press Release Here