April 27, 2019
Temple Daily Telegram | Janice Gibbs
Moving from idea to startup company is not for the faint of heart.
For the past few years, the Temple Health and Bioscience District has held annual events to share information on the ins and outs of starting a business based on a new idea or developing a device in the medical technology field.
The district’s next Medtech Symposium and Pitch Competition is set for Friday at the Hilton Garden Inn in Temple. The day begins at 8 a.m. and will end around 3:30 p.m.
Initial efforts of the symposium focused on moving ideas to a startup company and dealt with information on protecting the idea, finding funding and investors.
“We were trying to attract startup companies to Temple, Texas,” said Tami Annable, Temple Health and Bioscience District executive director. “The best way to do that is with money.”
Last year, the symposium added a pitch competition to the agenda. Selected individuals would have an opportunity to talk about and pitch their idea to a panel of experts.
“We got 17 applications from all over for the competition,” Annable said.
Annable said she gets speakers for the symposiums from making contacts at the different conferences she attends during the year.
This conference, “Startup and Beyond,” will focus on companies that have done the initial work and are now startups and want to move forward.
Brandon Price, entrepreneur-in-residence at Texas State University, will be the first speaker. Price is a scientist, businessman and entrepreneur with 30 years experience in the biopharmaceutical industry.
Other topics include the future of the medical marketplace, doing business domestically or internationally, branding your business and funding.
Jim Sergeant, founder and managing partner of RQR Partners, will be talking about Building the Right Team — Should You Pivot? Sergeant has 25 years of global commercial and general management experience in the life science space.
There will be a number of panel discussions made up of individuals who have expertise in business planning, financial lending, stakeholder coordination, new product innovation, leveraging technology, helping companies reach specific goals and more.
“We want to encourage audience participation for the panels,” Annable said.
Registrations have been coming in since January, when the symposium was announced, said Ashley Schlosser, of Live Out Loud PR.
“They have been trickling in the entire time and that’s never happened before,” Schlosser said.
Temple Health and Bioscience District has joined Capital City Innovation, a group of incubators and accelerators that have banded together to support each other and to grow a network.
The district has spent the past few years making a name for itself and learning the landscape in Central Texas.
“Now we have partners working together,” Annable said. “These are connections we’ve never had before.”
This event is for anyone who is interested in developing a startup, said Schlosser. They can learn about funding, regulations and more.
The conference is free, but registration is required at www.eventbrite.com/e/annual-medtech-symposium-pitch-competition-tickets-55984542273.