Business Model Development and Fundraising Services
A Jonesboro, AR, health technology startup hired Eighteen Ventures to research and prepare
a business model for a proposed patient monitoring device for Congestive Heart Failure (CHF). The proposed technology solution
will be used to reduce safety net hospitals' costly readmission rates associate with CHF. The new company is headed by a practicing
cardiologist with extensive experience treating heart conditions.
The completed business model will be used to
attract and obtain private investment capital from either a health system venture fund or a corporate venture capital fund.
Eighteen Ventures is working closely with the company's founder & CEO to implement both services.
Small Business Development and SBIR Phase I
Proposal Development Services
A Manhattan Beach,
CA health technology startup hired Eighteen Ventures to provide small business development and SBIR Phase I proposal development
services. The services will help the client develop an innovative healthcare information technology (IT) solution for independent
Nurse Practitioners (NP) offices. A business plan is being produced to establish and grow the startup; while, a SBIR Phase
I grant funding proposal is being prepared for both the National Institutes of Health (NIH) and the National Science Foundation
(NSF) SBIR programs.
Eighteen Ventures is working closely
with the company's founder & CEO, who is a retired physician, to implement both services.
Business Plan Development
and Private Sector Capital Fundraising Services
NY small emerging firm hired Eighteen Ventures to prepare a business plan and help the company find potential private sector
capital investors for its Life Improvement Portal (LIP) Glucose Monitoring System (GMS). The device is designed for individuals
with vision and hearing disabilities. Also, the LIP GMS project was originally funded by the U.S. Department of Education
Eighteen Ventures worked with the company's owner
to produce a business plan. More importantly, the document's two-page executive summary was used to attract private sector
capital investors. This whole effort resulted in the company connecting with and making a funding presentation to a
health technology focused New York City venture capital firm.
To learn more specific information
about Eighteen Ventures' services, please visit our Consulting Services webpage.