Deep Dive Week Dublin edition II – A custom tailored introduction to the MedTech Irish ecosystem! It’s been more than a week since our days in Dublin with 23 MedTech startups coming from 13 EU countries with different backgrounds and innovative ideas.
Want to learn all about our activities? Here is a recap of what happened and how the startups were benefited from our mini acceleration packed programme.
Bringing Medtech startups together
We started with a warm welcome to Dublin. We really believe in bringing people together, so we brought 23 startups and a few Lighthouse team members for some ice-breaking pizzas. A casual gathering to get to know each other is what we needed for our first day. Then, early to bed for our second day, which started with speed networking. Can you get to know each other in 3 minutes and exchange your pitches? Challenging duty for a vivid morning. Our startups were in a continuous liaison with each other and they had the chance to interact, exchange opinions and share their pains, difficulties and the way out of them.
Behind closed doors; Introduction to the Tech Irish Landscape
We started with great insights into funding and life as an Irish Medtech startup from Conor Hanley from Fire1 & Fionn Lahart.
Facts on facts on facts. Who’s who in the #Irish #medtech sector by Ciara Finlay from Irish Medtech Association.
Moving on from the introduction to the practicals; Elevator Pitch Refinement with Andrew Keogh from Aristo. Getting prepared for the investors dinners and getting valuable tools of storytelling for a pitch that makes sense and stick to your listeners mind long after you have left the room.
#VCs want? A crash course by @RyanAcademy VC in residence Brian Caulfield with some questions every startup needs to answer:
- What does your product do for a customer?
- What is your value proposition?
- What is your channel to market and sales strategy?
- Who are your competitors?
And many more pieces of advice… like be open and be realistic.
Last but not least, after a long day of learning and reflecting, we splitted the startups in two groups and they pitched in front of our judges.
Big thank you to our panel of judges:
Results of the pitch competition ?#drumroll. We had two winners:
?Innate Repair from Germany and
⭐Veinsound from France
Mingle with mentors and investors
Mentoring for scale was one of our top activities from last year, so we couldn’t miss it. A matchmaking session with quick discussions, which generated the proper leads and advice for our startups.
Then, back at @RyanAcademy, learning about the ins and outs of selling into #healthcare by Dervilla O’Brien to understand what large enterprises think about innovation and startups. An energetic and engaging session for the latest trends in healthcare.
A quick lunch break to get our vitamins and into the strategy making entails, by @FergalBrophy! Starting from the basics to conquer the world ?️ “Getting from the competitive advantage to the collaborative advantage by seeking alliances in a global, transforming market” #startups getting top training ?
Dublin was very kind to us. Locals say the weather is a full change of four seasons in a single day, but our days were mostly sunny. Instead of enjoying a sunny stroll, we were actually eating and pitching in front of investors. Facilitated dinner was in order and startups had to pitch for 90 seconds in front of our selected investors. After the main courses and right before the dessert the group was already in a casual setting drinking and speaking to the investors present. Even dinners are working time for our startups.
From Clinical Trials to Viking Hats
Day 4 was the last, but sure not least! We dived into the knowledge about clinical trials, how to sell your product in the Irish landscape and legal insights before closing with a plan of the next steps for our startups.
Clinical Research in Ireland ?? Morning session started in a sunny setting ☀️ Fiona Campbell shared some interesting insights about the #MedTech industry explaining how clinical trials are working ? She covered issues such as steps/stages in a clinical trial, regulatory requirements, costs, duration, choice of trial location, etc.
After our intensive morning session, we followed with Health Innovation Hub Ireland with @EimearGalvin ? which works across the health sector with Irish businesses to creatively solve problems and improve patient care by harnessing innovation, through development of new healthcare technologies, products, and services. HIHI connects products with people qualified to test them.
And we closed the Deep Dive Week official agenda with Legal Insights 1.0 presented by Catherine Dowling from @ByrneWallace. It is always important to think of the legal aspects, particularly when it comes to IP!
And when you think, it’s over, there is a Viking Splash Tour organised by DCU Ryan Academy and our Scaling Manager Kate Hogan to get around the city and we ended up with Viking Helmets.
Dublin Tech Summit
For those staying a couple more days, we secured tickets and free access to the biggest tech conference: Dublin Tech Summit for even more networking and insights to the local ecosystem.
What they said? MedTech startups for Startup Lighthouse
The best way to judge a Deep Dive Week is to see what our startups have said: We are always happy to hear your feedback and appreciation!
It was amazing week in Dublin. Many new contacts, lots of specific Medtech advices and super good organisation. I would recommend it to anyone. – Aichom
Getting to know the world from the investors perspective and mingling with the other startups was really valuable! 10/10 – MedAid
See everything else our startups had to say with the event’s hashtag: #DDWDublin
Hungry for more?
Check our Hall of Fame for the pitch decks and let us know if you need to get connected with our alumni startups.
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Get in touch with DCU Ryan Academy if you want to to get your startup in Dublin!