Do you have an innovative product or service technology for the Healthcare, Biotech, or Life Sciences sector?
Would you like some help and guidance at evaluating the commercial potential of your technology?
Would you like to get some exposure for your product?
Would you like to compete for cash prizes?
Sanofi Pasteur Healthcare & Biotechnology Venture Challenge
This competition is open to technology innovators, across Ontario, who are developing innovative technology that is ready for commercial application.
Team Formation
As a successful applicant, you will be invited to an event at York University’s Schulich School of Business, where you will meet top MBA students that want to participate in this competition and help your company craft an outstanding plan to commercialize your technology. You will form a team, which will begin working on the first phase of the competition – the Executive Summary.
Commercialization Seminar
You will be invited to attend a Seminar produced by Schulich School of Business, which includes faculty and guest speakers. The Seminar covers the steps for successfully launching a technology company in the healthcare and biotechnology sector.
Executive Summary
You and your team will then organize meetings to familiarize everyone with your technology and its market opportunities, and discuss routes to commercial success. You will produce an executive summary of your business, its market potential, and your commercial plan.
These executive summaries will be judged for commercial feasibility and 10 semi-finalist teams will be selected to produce a complete commercialization plan.
Expert Mentors
Each team will be assigned a Mentor with extensive experience in commercializing technology. The Mentor will advise the team on preparing a commercialization plan.
Commercialization Plan
Next, each team will submit a commercialization plan, which will be judged for commercial feasibility, growth potential, and risk. While only three teams will proceed to the final presentations, all teams that produce plans will gain business exposure at the final event.
Big Event
Finally the big day. Three teams on stage, each already a winner. Each making their final presentation on their business, and competing for the grand prize. Around the auditorium, all 10 teams that reached the commercialization plan stage will have a table-top display to showcase their technology to the many visiting entrepreneurs, experts, influencers and investors attending the event.
Next Step
It all starts with signing up, and agreeing to be part of this exciting annual event, sponsored by Sanofi Pasteur and run by ventureLAB™. Click Here to Register for HBVC 2012
Prizes
Cash and service prizes will be awarded for the top finalists with a Grand Prize of $7,500.
Contact VentureLAB for details.
