Can Your Health Technology Startup Business Model Get Funded?
On Wednesday, October 23rd, Eighteen Venture’s next free Skype Presentation will provide information and illustrations on how to prepare a fundable business model for health technology development startups and small emerging firms.
The business model informs private investors that your firm has a viable strategy to produce a novel, marketable, problem-solving solution that will help build a profitable company. Moreover, the business model is a significant factor investors consider when deciding to invest in your small firm.
If your business model does not properly answer key questions like what healthcare or medical problem is being solved, how does the proposed solution solve the problem, who are the intended buyers/users, who are the strategic partners, what resources are needed to be successful, what is the company’s competitive advantage, how are revenues generated, and what are the business operational costs, then investors will reject the firm’s funding request.
The Wednesday, October 23rd sessions will cover:
• Why business models matter
• What are the nine components that comprise a business model
• What are the key elements that go into a startup health technology development business model
• How to prepare a fundable business model
• How to use the business model to attract potential private investors
Event Date: Wednesday, October 23rd
Event Time: 11:00 AM - 12:30 PM Eastern Standard Time (EST)
Registration Deadline: Monday, October 21st at 8:00 PM Eastern Standard Time (EST). No registrations will be accepted after the noted date and time.
Registration Process: Please complete and submit the Registration form below. Your registration will be confirmed by e-mail from Eighteen Ventures.
Who Benefits Most From Attending: Entrepreneurs, start-ups, and small emerging firms seeking seed capital to fund the development of an innovative health technology concept or medical device.
About the Presenter: Darrell Williams is an experienced small business development consultant who has been involved in the Small Business Innovation Research (SBIR) program since 1999. Darrell is the founder, President and CEO of Eighteen Ventures, and has authored numerous publications about public and private sector funding for small businesses. His knowledge, skills and experience includes business plan development, business model development and small business fundraising. He also has published briefs on various health technology industry sectors, i.e., mHealth, Digital Health, Telemedicine, and Artificial Intelligence.
Contact Person: Mr. Darrell Williams, Darrell@eighteenventures.com, if you have any questions about this upcoming free event.