Participants in the fourth session of the Health2B healthtech accelerator presented their companies at Tuesday’s Demo Day. The audience consisted of about one hundred investors and colleagues in a fully packed room at SmiLe Incubator.
“The entrepreneurs in this group are extremely market-focused and have exciting products. I predict that many of the companies will have external funding from investors who were here on Demo Day,” says Stefan Mossberg from SmiLe, head of Health2B-accelerator.
At Demo Day companies walked down the catwalk through the crowd and pitched their business ideas. Nick Hawtin, business developer and pitch trainer, was moderator. Each company was quickly assessed by SmiLe’s expert panel, consisting of:
The panel gave instant feedback on what they thought about the business potential of the companies and gave each company their best on-the-spot suggestions for networking contacts.
“Being involved and ‘kick starting’ the development of these companies, and providing them with the best prospects to succeed with their business ideas after their time in the accelerator, is a fabulous experience,” says Ebba Fåhraeus, CEO of Smile Incubator, who arranges the accelerator.
The companies have made tremendous progress during their time in the accelerator and will distinguish themselves in the business community. Watch for
Comments from some of the seven companies that participated in the fourth session of Health2B: “we gained two new customer contacts”; “fabulous how the Health2B coaches instantly shared their network so that we could make progress”; “the accelerator has been an incredible help”.
Health2B is a project within Business Incubation 2020.
For more information aboutHealth2B: http://www.health2b.life/batch-fall-2018/:
SmiLe is a business incubator within life science based in Medicon Village in Lund. SmiLe helps entrepreneurs and startup companies to develop and commercialize new ideas. Our main task is to help the management teams of these companies to navigate the complexities of business development, financing, recruitment and risk management. There are currently 20+ companies in SmiLe, which together with alumni have attracted more than 175 MEUR in venture capital to date since 2014. Approximately 100 people, representing around 20 nationalities, and almost 50 percent of whom are women, work at SmiLe incubator. The opportunity also includes an acccelerator for early startups, Health2B, and an infrastructure that is unique of its kind in Sweden, with well-equipped laboratories and advanced instrumentation. SmiLe is also a community consisting of experts, business advisors, incubator companies as well as alumni companies, which when combined provide a unique opportunity for Life Science Industry startups to benefit from their extensive collective experience. SmiLe has its major financing from Lunds university, Lund Municipality, Region Skåne och Medicon Village.