Today marks the end of the seventh round of SmiLe Bootcamp. The ten-week program prepares entrepreneurs in healthtech, medtech and eHealth to develop and market their innovations and to attract venture capital.
At today’s DemoDay, participants pitch their business ideas to a panel of business angels, investors from Almi Invest and representatives of the Connect investor network.
DemoDay is the culmination of an intensive business development program that SmiLe has now carried out for the seventh time. SmiLe Bootcamp (formerly known as Health2B) ranks among the top 15 healthtech accelerators in Europe and the top 5 in Sweden, and is held for national and international entrepreneurs who have given the program 5-star reviews.
There have been nearly 300 applicants to the seven rounds, of which 49 projects or companies have been accepted. In this year's edition, the participants represent seven nationalities. Two of the projects come from Austria and the rest from Sweden.
At today's DemoDay, participants pitch their business plans to a highly experienced panel of investors – business angels, Almi Invest (one of Sweden’s most active startup investor) and Connect investor network – who provide individual feedback to the entrepreneurs.
During the course, participants have improved their business concepts through market verification and advice from experts and SmiLe’s coaches, who have extensive industry experience from both startups and large global companies. Lectures and workshops presented on SmiLe’s digital platform provide participants with broad knowledge of the requirements and opportunities of the life science industry.
SmiLe’s sponsor companies AWA, Høiberg, Zacco, Setterwalls and Prevas presented lectures in their areas of expertise and also contributed prizes for the participants.
“It is incredibly gratifying to see how much more confident the participants are now in their roles as entrepreneurs. Everyone has made great progress based on the feedback and support they received in the program, and I am confident that we will be hearing more about these companies in the future,” says Ebba Fåhraeus, CEO of SmiLe Incubator.
For more information, please contact: Ebba Fåhraeus, CEO of SmiLe Incubator, +46 (0)73 4000433, firstname.lastname@example.org
Participants in the seventh edition of SmiLe Bootcamp have the following projects:
Leia – redefines postpartum with an AI powered solution that offers personalized and actionable insights to parents.⠀
Light bio-metal – offers bio-degradable metal implants allowing a faster and efficient healing of bone fractures.
MediVård – uses AI and advanced data analytics to support early detection of osteoarthritis.⠀
Neuroface – is the breakthrough EEG analytical tool for high accuracy quantitative classification of mental disorders.⠀
Paintit – uses patient-centered data collection and AI analysis to support pain management.⠀
Remonni Health – validates the pain of chronic pain sufferers, enabling physicians to make better care decisions.⠀
Somareality – creates virtual reality trainings for medical professionals in the fields of pediatrics and neonatalogy.⠀
WIP – enables physiotherapists to supervise a correct rehabilitation, starting with incontinence.
SmiLe Incubator is a life science business incubator based in Medicon Village in Lund, Sweden. SmiLe helps entrepreneurs commercialize their ideas. There are currently 25 companies in SmiLe which, together with alumni companies, have attracted more than EUR 460 million in venture capital to date since 2014. SmiLe offers excellent business coaching, a broad international network of contacts and a dynamic community, as well as well-equipped laboratories which is unique of its kind in Sweden. SmiLe is a non-profit organization and receives basic funding from Region Skåne, Lund Municipality, Lund University and Medicon Village. SmiLe´s sponsors are Agilent, Sparbanken Skåne, Awa, Høiberg, Prevas, Setterwalls, Zacco, Aqilion. SmiLe’s listed alumni companies have a market capitalization of EUR 1,3 billion (Q1 2021). www.smileincubator.life