21 Rhode Islander’s Graduate from NEMIC’s Med Tech Leadership Program in Partnership with Back to Work; Program Concludes with an Educational Pitch Night

21 Rhode Islander’s Graduate from NEMIC Foundation’s Med Tech Leadership Program in Partnership with Back to Work; Program Concludes with an Educational Pitch Night

Providence, RI - May 20, 2021 – The 2nd cohort of NEMIC’s Med Tech Leadership Program participants graduates after educational pitch event on Monday evening, May 18th.

The Med Tech Leadership Program is NEMIC’s signature educational program designed to teach innovators, entrepreneurs, industry, clinicians, investors, and anyone interested in learning a holistic view of regulated medical technology development, best commercialization practices, and business leadership for regulated medical technologies. This program includes topics like, developing regulated devices and technologies, examining current industry trends, protecting a technology, building and leading a business, developing an investable business plan, raising capital, and more. The programs curriculum was created based on firsthand research interviews with industry professionals, CEOs, venture capitalists, angel investors, and seasoned Med Tech entrepreneurs. Read more about our curriculum research here.

Med Tech Leadership Program

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The 2020-2021 cohort had 21 participants graduate after completing 50 hours of live virtual classes and workshops. Participants also received 2 hours of individual mentoring meetings with NEMIC Leadership. Throughout the 6 month duration of the program participants learned to translate their medical technology and idea into an investor pitch deck and business plan.

The Winners

The winners were decided by popular vote made by their peers and course teachers. Each participant was rated on Energy & Presence, Visual Presentation & Flow, Novelty of the Idea, Impact to the Problem, Commercial Viability, and Overall Pitch.

1st Place: Aurie - Souvik Paul

2nd Place: Condition- Josephine Kalshoven, Trey Crisco, Yao-Tai (Al) Huang

3rd Place: Glia Trap - Yusuke Suita, Sarah Batchelor, Jean-Pascal Wisard


The Graduates

This cohort was made up of 4 Founders, 1 Professor, 3 Engineers, 6 University Students, 3 Industry Professionals, 2 Clinicians, and 2 Researchers including, Anthony Dutra, Trey Crisco, Tarakesh Mallampati, Daniel Rivera, Sebastian Calvo, Josephine Kalshoven, Melissa Simon, Aayush Setty, Alex Azary, Brian Thomas, Rajeev Nagpal, MD, Souvik Paul, Shaolei Lu, Nagendran Tharmalingam, MD, Jean-Pascal Wisard, Anne Schmults, Yao-Tai (Al) Huang, Thomas Carruthers, MD, Sarah Batchelor, Varshith H Anilkumar, & Yusuke Suita.

Participant Feedback

“I thought the program was great, even for a med device company that's a bit further along and already in the execution phase of development. The course provided essential education on the fundamentals of medical device development and filled a very necessary gap in the ecosystem today; medical devices are so much more complicated (for good reason!) than most consumer, enterprise, or technology products, and first-time founders need all of the assistance and coaching that they can get their hands on. I went into most lectures with a solid base on what was being taught, and still was able to take away key learnings from the lectures/sessions.” - Souvik Paul, CEO & Founder at Aurie

“There was excellent comradery between the NEMIC facilitators during the sessions and the community atmosphere that NEMIC creates is priceless. The new professional connections I made were great. Although most of the content from the sessions were new to me, I was still able to take away something. Even if I didn't present a product, I at least have a place to go for help in the future when I'm ready.” - Daniel Rivera, Mechanical Designer

The Teachers

We would like to thank our class and workshop teachers immensely! This program would not be possible without the leadership and knowledge of our teachers. Thank you David Josephs, Brian Demers, Tom Lutzow, Joe Dobkin, Elizabeth Roche, Susan Macdonald, Tom Varrichone, Talia Serrecchia, Tom Hutchinson, Chris Dimatteo, Candice Kelly, Denise Clark, Brian Morley, David Mok, Jeff Thomas, Douglas Gray, Stephanie Chamberlin, Mari Anne Snow, Jenna Marchal, Thorne Sparkman, Dom Messerli, John Bates, Aidan Petrie, and Lydia Schroter.

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The Med Tech Leadership Program is made possible by a partnership with the RI DLT Back to Work Program.

The New England Medical Innovation Center

The New England Medical Innovation Center (NEMIC) is a not-for-profit Med Tech Venture Studio located in downtown Providence, Rhode Island.  They support local, regional, and global Med Tech entrepreneurs and startups on their path to commercialization through mentoring, education, programming, events, networking, and a collaborative innovation center.  Founded by Managing Partners, Aidan Petrie and Lydia Shin Schroter in late 2017, NEMIC has decades of combined medical device development and entrepreneurial experience. But what makes their work so impactful is their extensive network of local expert advisors and subject matter experts who simplify clinical access, regulatory (FDA) strategy/pathways, and ultimately facilitate connections and strategies between early stage startups and funding sources.

Navigating a regulated industry is hard. NEMIC can help. www.nemicenter.com

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