NEMIC as a Venture Studio. Blog post by Managing Partner, Aidan Petrie
We have never been comfortable with the concept of "accelerator" in the Med Tech space. The notion may be appropriate in other arenas, but Med Tech commercialization is a marathon, not a sprint…
Call for RI Med Tech Companies to Showcase at Access RI Med Tech
Are you a part of Rhode Island's Med Tech Ecosystem? Are you part of an institution, non-profit, startup, design firm, research group, service provider, or just a general Med Tech enthusiast?
Register to showcase your work, products, research, or services, at the Med Tech "Science Fair", part of Access RI Med Tech, a showcase of Rhode Island's Med Tech ecosystem on May 7th, 2020.
4 Startups Accepted into Activate - Apply to this Seed Funding Preparation Program Now!
We are excited to announce that we have recently accepted 4 startups into the Activate program. Through Activate, Rhode Island based startups (or startups planning to locate to RI) can apply to be awarded professional services valued between $20,000-$37,000 to fill gaps in their business plan in preparation for successful fundraising. Applications are still open and considered for the program on a first come first serve basis.
Let's Recap our #MedTechMonday Podcast Series One Month After Launch!
At the beginning of February, we launched our new podcast series, in collaboration with The Rhode Pod, #MedTechMonday. Through this weekly series, we aim to cover Med Tech trends, innovation, entrepreneurship, technology advances, and opportunities for Med Tech entrepreneurs through NEMIC and the evolving Med Tech ecosystem here in Rhode Island.
Expanding our Global Presence - Welcome Shivin Khanna to the NEMIC Team
India is currently the fastest-growing economy in the world, with large markets and talent pools looking to expand beyond their geographical borders. From this growth and rapid development arise opportunities to collaborate and grow in high-technology sectors. The Med Tech sector, as well as the broader biotechnology sector, is in a hyper-growth phase and is positioning itself for success.
#MedTechMonday - A Medical Technology focused Podcast Series Launches Today
The Rhode Pod is a brand new podcast series launching today, Monday, February 3rd, that focuses on innovation, technology, and business in Rhode Island and beyond. This series will include two episodes per week, Med Tech Monday and Innovate | Communicate | Elevate.
PBN: After years of promise, R.I. medtech sector emerging from Boston’s shadow
After working for a large company for more than a decade, Dom Messerli was on his own for the first time in 2016.
He’d just launched a medical-technology startup out of his Bristol home specializing in spinal implants. A lot of work remained between the implant concept and the market, including clearing regulatory hurdles, and Messerli felt isolated.
“I was struggling, because I didn’t know anyone in the field,” he said. “I felt like I was this lonely guy in the medtech industry, and I just didn’t feel that there was anyone … who was doing the same thing.”
Boston Globe: R.I.'s old "Crimetown Economy" has limited future, says host of new podcast on innovation
Innovation is happening fast in RI across many sectors. From local startups to global companies, you will hear about it all on a new podcast “The Rhode Pod” launching February 3. There will be two episodes per week “MedTech Monday” with Danielle Sturm of NEMIC and "Innovate | Communicate | Elevate" with Tom Chiginsky, NEMIC’s Tech Partner in Residence and Founder of Audio Strategy.
Apply to the Rhode Island Business Plan Competition - Med Tech Track
The Rhode Island Business Competition aims to create and foster growth companies in Rhode Island that will increase local employment. It's all about helping emerging entrepreneurs achieve their dreams. This year, with support from Rhode Island Commerce, we are excited to announce a special track and prizes for applicants with medical technologies and digital health products.
Update from Korea
On her year-end trip Managing Partner, Lydia Shin Schroter has met with the Director of Ulsan National Institute of Science and Technology and past participants of our Global Med Tech Bootcamps.
Take a Flip Through the Healthcare Innovation + Technology Online Magazine
Curated by NEMIC’s Technology Partner in Residence, Tom Chiginsky, this online Flipboard magazine shares top news related to current technology trends in the healthcare industry.
Announcing ACTIVATE - Med Tech Seed Funding Preparation Program
Through Activate, startups can apply to be awarded professional services valued between $21,000-$37,000 to fill gaps in their business plan in preparation for a successful first round of fundraising. Learn more and apply now.
12 Korean Startups Explore Providence's Med Tech Ecosystem - Global Med Tech Bootcamp
November 15th, 2019 — November 3rd, 2020 NEMIC welcomed 11 Korean startups, 1 Korean Accelerator, and 1 Korean University to Providence, Rhode Island for our 3rd Global Med Tech Bootcamp.
Softball Recap: 5 Startups Knock It Out of the Park
October 25th, 2019 — New England’s premier Med Tech venture studio, the New England Medical Innovation Center (NEMIC) hosted its second Softball Pitch Event on the evening of Thursday, October 24th, 2019. Softball is an invite-only “soft” pitch event with an overall goal to introduce NEMIC vetted startups to a group of local Med Tech focused VC’s, Angels, and investors.
November Women's Health + Entrepreneurship Event Announced
Meet Debbie Lin Teodorescu the founder of SurgiBox, an on-the-go surgery solution. With SurgiBox, a surgery can be performed anywhere, such as in places without standard healthcare facilities or in emergency medical situations. Melissa Richter Bowley is the founder and CEO of Momunity, a platform to connect new and expecting mothers with care and support in their local community
Join our community of women’s health supporters and listen to our two entrepreneurs as they share their stories of why they started their business and how it has affected patients and women.
NEMIC Launches Grant Funded Activate Program supported by CommerceRI
PROVIDENCE, RI, October 22, 2019 – The New England Medical Innovation Center (NEMIC) is excited to announce they have been awarded an Innovation Network Matching Grant from Commerce Rhode Island to grow Rhode Island’s Med Tech ecosystem and support local Med Tech entrepreneurs. The award of $195,000 will support:
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Activation Program
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Expansion into the CIC Providence
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RI Business Competition Collaboration
Meet SMART, our Subject Matter Advisory Resource Team
SMART is our Subject Matter Advisory Resource Team made up of subject matter experts that support NEMIC and our community of startups by providing advice, insight, knowledge, and connections to ultimately advance medical technologies to market. Each member of our SMARTeam was handpicked as a top subject matter expert in their field. Many are known as professionals who support the cultivation of an accessible and supportive Med Tech entrepreneurial ecosystem in Rhode Island.
PBN: R.I.’s medtech innovators get much-needed support
FRESH ideas are at the core of the medical-technology industry, but as Aidan Petrie saw during his tenure as chief innovation officer at Providence-based Ximedica LLC, even the most dazzling concepts are dependent on knowing how to navigate a highly regulated field. Education can mean the difference between an idea that never takes off and…