Summit Matchmaking Opportunities

Application Are Closed

Timeline

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  • February 12

    Applications Due

    Applications Due

    February 12, 2020
  • February 27

    Application Judging

    Application Judging

    February 27, 2020
  • March 4

    Innovators Receive Feedback from Application Judging

    Innovators Receive Feedback from Application Judging

    March 4, 2020
  • March 20

    Investors, Healthcare Organizations, and Research Institutions Select Innovators for Meetings

    Investors, Healthcare Organizations, and Research Institutions Select Innovators for Meetings

    March 20, 2020
  • March 30

    Innovators Notified of Meeting Schedule

    Innovators Notified of Meeting Schedule

    March 30, 2020

Market-ready Matchmaking

The MedHealth Summit connects healthcare organizations and research institutions with market-ready digital health and medical device companies offering innovative technologies that can address their challenges.

How Market-ready Matchmaking Works

If you are a market-ready company interested in getting your innovations in front of these types of organizations, please review the following problem statement and requirements, then apply to participate. Applications will be vetted by a MedHealth-coordinated review committee and recommended for meetings. Please note, however, that applying for this component does not guarantee meetings. Meetings will be announced two to three weeks prior to the MedHealth Summit, which will be held on April 16, 2020, at the Hall of Legends in Ford Field.

Current Participating Organizations Include:

applied Medical Device Institute, AVIA, Bluewater Health, Detroit Medical Center, Edeavor Detroit, Henry Ford Health System, Johnson & Johnson Innovation, MATTER Health, ResearchOne at WSU, Sam Circle Venture, Samaritas, TransForm Shared Service Organization, University of Michigan-Flint, VentureWell, and WE-SPARK Health Institute.

Providers, consumers, and healthcare stakeholders in Southeast Michigan and Southwest Ontario often lack the information and/or resources to make appropriate choices for accessing the right level of care, which can lead to unnecessary use of higher-cost resources. There is a significant opportunity for solutions that optimize the sharing of electronic health records, deliver reliable telehealth services, responsibly leverage artificial intelligence, and deliver quality information for consumer-driven healthcare decisions. Specifically, MedHealth stakeholders seek digital health and medical device concepts that help them address challenges in health data utilization, rewarding outcomes over volume and better facilitating the management of chronic illnesses.

Stakeholders desire innovative concepts that:

  • Capture and curate health data from a variety of sources: diaries, wearables, logs, provider input, clinical health records, payment information and history, pharmacy and prescription information, clinical trial data, family health data, and more
  • Better link consumers, providers, and other key stakeholders to information about consumers’ behaviors and health through avenues such as Web-based and mobile dashboards and applications
  • Enhance patient-provider engagements
  • Use artificial intelligence or machine learning to reduce or eliminate gaps in care
  • Provide targeted, accurate, and timely guidance about care options, appropriate care sites, consumer costs, and care delivery locations
  • Help identify and eliminate cybersecurity vulnerabilities
  • Integrate or work in parallel with electronic health records
  • Monitor chronic disease symptoms and treatment protocols to prevent readmission, optimize resource utilization, and drive improved outcomes
  • Incorporate remote monitoring devices, telehealth, predictive analytics, and big data

  • Must be a legally established and incorporated business in the United States or Canada
  • Must have a fully functioning prototype at the time of application submission or ready-for-market entry within three months of the summit’s end
  • Must have the technical capacity to modify the product for a pilot
  • Must meet all applicable regulatory requirements
  • Must have the analytical capacity to collect and analyze data
  • Must have been founded no earlier than February 1, 2014
  • Must have three to 25 employees and founders that are actively involved in company management
  • Must have revenues not exceeding $5 million USD annually

Investor Speed Dating

Medical device and digital health startups will have the opportunity to participate in a speed dating–style session with angel and venture capital fund representatives at the summit. Investor participants in 2019 included Baird, Bloom Burton, Great Lakes Angels Fund, Invest Detroit Ventures, Invest Michigan, Sam Circle, Tamarind Hill, and Wavemaker Three-Sixty Health. This year’s investor participants will be announced in the weeks ahead!

Company representatives who want to participate are required to submit an application. The application for investor speed dating will close on February 12, 2020, or when maximum capacity is reached. All registered startups will have anywhere from one to five meetings. Please note that only one person per company is allowed to participate in this component of the event.

How Investor Speed Dating Works

You will have ten minutes to pitch your startup for each scheduled investor meeting. In the first five minutes, explain the most important parts of your technology, including the problem your technology solves, your competitive advantage, how your business makes money, and what resources and capital you are seeking. Save the last five minutes for questions and answers. At the ten-minute mark, you will hear a buzzer that signals it’s time to either attend your next scheduled meeting or exit the speed dating area.

Current Participating Investors Include:

Applied Licensing, AVIA, Backstage Capital, Baird Capital, BELLE Impact Fund, Blue Water Angels, Cantilever Business Partners, CIG Capital Advisors, Detroit Venture Partners, Draper Triangle, Emergent Holdings, Georgian Partners, Grand Angels, Ka-Zoo Angels, Growth Capital Network, HealthX Ventures, Invest Detroit, JP Morgan Healthcare, Michigan Angel Fund, Narrow Gauge Ventures, North Coast Tech Investors, Northwestern Capital, OCA Ventures, Pointe Angels, Red Cedar Ventures, Tappan Hill Ventures, and Woodward Angels