NEMIC’s Mid-Summer Recap
NEMIC’s Mid-Summer Recap
Many Ventures Moving Forward in our Med Tech Community
As we head into the strategy season for education-focused groups like NEMIC, we took a moment to reflect on the past year which has seen unplanned, but significant progress for our Med Tech community.
Our goal is to support the community around Med Tech, both incubating local companies and attracting companies to the region. This year, locally, we saw 26 individuals and 11 companies go through our signature Med Tech Leadership Program. Participants originated out of Brown University, URI, RISD, Lifespan, and more. Participants of this program receive an inclusive education experience preparing them for the journey of Med Tech entrepreneurship and commercialization. All participants completed 24 classes within our 6 education modules: Foundation Courses, Product Development, Go-to-Market Strategy, Building a Company, Funding a Company, and Pitching a Company. Learn more about the program and sign up for our waitlist here.
We ran two well-received Innovation Design Sprints focused on preparedness for the next healthcare crisis and its impact on underserved communities. 18 participants teamed up to choose an end-user with an associated problem exacerbated by the COVID-19 pandemic, partnered with a team design lead and pitched their solution to our panel of judges. We want to thank our Team Design Leads: Paul Osimo, Catherine Jameson, Chris O’Connell, Corwin Ackerman, Marcel McVay, Rebecca Li, and Allie Surdovel.
Currently, we are concluding our Digital Health Accelerator with 7 active companies participating. Just in this past year, several have filed for patents, conducted detailed market validation efforts, and received continued support from our network of advisors pushing them forward in their development efforts. We are currently working with companies out of the Nelson Center for Entrepreneurship at Brown University, i-lab at Harvard, the Engine at MIT, and more working remotely out of Scotland, Korea, Taiwan, and India. Through our global outreach, we can attest that Rhode Island has captured the interest and reputation as a place to be for Med Tech startup success, venture support, and resources.
Ultimately, we want to see Med Tech companies at an early-stage gain traction by hiring expertise, raising money, and being supported toward the commercialization of meaningful technologies and we have seen just that. We have seen primary technologies from Lenoss Medical, IntusCare, Jeeva, Q2Behave gain traction but also seen the creation of professional service groups such as Brian Morley-Emerge Health, Michele Wu-Wu Consulting, Matt Leffers-Lighthouse Medical Solutions, Jenna Marchal-Marchal Consulting, and more.
Looking forward into the Fall, we are excited to announce new NEMIC programs that will make our educational content and services more accessible to the local market and bring a focus to the strength of our ecosystem regionally and globally.
We are forever thankful for Rhode Island Commerce, particularly Stefan Pryor and Christine Smith and the Rhode Island Department of Labor and Training and their Back to Work program.
Additionally, we thank our educators:
Tom Hutchison, Tom Lutzow, Denise Clarke, Christopher DiMatteo, Candice Kelly, Joe Dobkin, Susan McDonald, Elizabeth Roche, David Mok, Mari Anne Snow, Stephanie Chamberlin, John Bates, Talia Serrecchia, Thorne Sparkman, Dom Messerli, Locke Lord, Brian Demers, Ella Hood, Dave Josephs, Stephanie Chamberlin, Jenna Marchal, Octo Product Development, Loft LLC, Ayan Bhandari, Aidan Petrie, and Lydia Shin Schroter.
We appreciate the continued support from our partners, community, and stakeholders.