Meet the minds behind NEMIC
Our Managing Partners, Aidan Petrie and Lydia Shin Schroter linked up in 2017 when they found that their backgrounds and specialties in the Med Tech field fit like puzzle pieces. Aidan, a seasoned entrepreneur and product developer, imagined the idea for NEMIC after finding a need for Med Tech companies who were 1) too early stage and 2) did not have the funding to work with his most successful venture, Ximedica. Lydia’s successful background as a C-level executive in global finance and angel investor focused on early stage Med Tech startups, was the perfect fit to help fill the need.
Together they cultivated a Med Tech Hub, NEMIC, in Providence to share their extensive knowledge, network, and connections to funding sources for local, regional, and global startups. Through NEMIC’s education, events, programs, bootcamps, and collaborative space they are able to share their own knowledge and connect entrepreneurs to their network of subject matter experts to ultimately being more system changing and patient focused technology to market.
Learn more about our Co-Founders and Managing Partners below.
Lydia Shin Schroter, MBA
NEMIC Managing Partner
Lydia Shin Schroter is a Co-Founder and Managing Partner at NEMIC. A serial entrepreneur, she co-founded Galaxy Power Inc, which was acquired by Bell Fuse. Lydia is an active angel investor focusing on early stage MedTech and high-growth startups. She is a member of Mass Medical Angels and Cherrystone Angel Group. She has an active portfolio and has served as a director or advisor with the companies within her portfolio and to several international startups in Med Tech and high-tech sectors. Lydia has participated in many panel discussions and presentations both in USA and overseas. Lydia has held teaching positions at Brandeis and Yonsei University (Korea) on entrepreneurship and financial strategy. She holds a MBA and CPA certificate.
Prior to founding NEMIC, she has built her successful career in global financial institutions and in not-for-profit sector, holding c level executive titles. Highlights of her experiences include providing cross border financing solutions for fortune 500 companies, establishing enterprise risk management function reporting directly to the Board, and heading up administrative functions that consists of accounting, finance, IT and HR.
As an active Korean business community leader, she co-founded and serves on the Board of TekOne, a non-profit that fosters entrepreneurship among Korean and American Engineers and Sciences group and the president of Boston chapter for International Network of Korean Entrepreneurs, a global business network.
You can connect with Lydia on her Linkedin here.
Aidan Petrie, MID
NEMIC Managing Partner
Aidan is a founding Partner of NEMIC (New England Medical Innovation Center) and a Fellow of the Provost at RISD, focused on intersections between user centered design and healthcare. He is a member of Cherrystone Angels and a mentor and adviser to multiple startups.
Aidan's passion for innovation and design has helped bring hundreds of products to market that range from simple drug compliance aids to wearable therapeutics, home monitoring products and complex surgical systems.
Aidan was the founding partner of Ximedica, one of the worlds leading medical device developers. Ximedica integrates regulated devices with connected systems to provide the next generation of healthcare solutions. Aidan remains the Chief Innovation Officer Emeritus.
You can connect with Aidan on his Linkedin here.