On May 28th, 2020, NEMIC held its first Curveball Pitch Night and first virtual pitch event with 3 startups pitching and 12 investors in attendance. Curveball at NEMIC is a play on and similar to their Softball Pitch Events.

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.

Read the full press release here.

Can you believe how fast April went by? As the NEMIC staff continue to work from home due to the status of COVID-19, we still strive on delivering you insightful episodes on a variety of topics. We had our own Tom Chiginsky deliver an episode co-hosted with Amazon’s Alexa! Plus we looked at COVID-19’s impact on the workplace and HR.

There is some confusion over the EUA guidelines, what they mean for innovators in the MedTech field, how to use them well and what to watch out for. Read the blog for clarity on EUA submissions.

Hello April! Take a look back on the most recent #MedTechMonday podcast episodes published in March. We had 5 guests join us over 3 episodes to discuss topics like venture studios, medically focused product developers, and tips for researches and early-stage entrepreneurs who are translating their research into market ready medical products.

Congratulations! You are ready to dip your toes into the commercial waters and begin the process of transforming your technology into a product or business. Not so fast. Before you do anything, there are 3 crucial things you need to know about intellectual property and talking about your idea in public realms. Take note: These tips can mean the difference between whether your innovation sinks or swims.

So you have a great idea for a new technology, or even better, you’re already deep into the research and development process. With a little financial backing, your idea could become a reality and change healthcare as we know it. That’s the dream, but there’s a big gap between developing a technology in the lab or clinic, and successfully fundraising for a medical technology startup.

Sharing PitchBooks Q4 Wellness Tech Report. Highlights include:

• VC funding totaled $2.6 billion across 632 deals last year following a decade-high of $3.9 billion in 2018

• Startups are pivoting marketing efforts to target large corporation’s insurance plans as workplace wellness providers

• Insurance Payment Models: We’re seeing traditional B2C wellness companies seeking FDA approval

Interested in we can support you, a #MedTech #Entrepreneur, during this uncertain time? We can help you bring your idea forward and reach your next milestone from home. Read our latest program update to find the best support for your venture.

We believe that Med Tech offers a very interesting investment opportunity and methodology. Strangely, the FDA's development process configures that methodology. How so..?

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…

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.

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.

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.

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.

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.

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.”

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.

Meet NEMIC Fellow Startup, U-CHU through 5 questions with Co-Founder & COO, Noah Hill. U-CHU is developing an integrated oral pH monitoring system to prevent tooth decay and oral health problems and is part of a NEMIC Individualized Program.