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Deadlines approaching: 3 ways to get mentors and money for your life science startup

July 25, 2012 8:12 am by | 0 Comments

Startup companies don’t have to be accepted to an accelerator or incubator for guidance in the entrepreneurial process. Need funding? Need advice? Need exposure? Here are a few upcoming events that can provide those resources and have fast approaching deadlines.

BioCrossroads New Venture Competition — July 31

The first-ever BioCrossroads New Venture Competition presented by Krieg DeVault takes place on Oct. 22 in Indianapolis. It will award and recognize the most promising early stage life sciences and health information technology companies with a substantial connection to Indiana. Cash prizes of up to $25,000 are up for grabs and will be decided after finalists present to a panel of investor and life science industry judges.

Apply here.

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Angel Venture Forum — Aug. 1

Up to 30 companies will get to make live presentations to a consortium of angel investors in October at the Angel Venture Forum Showcase in Washington, D.C., after getting three months of education, mentoring, guidance and due diligence from a team of advisers.

All types and stages of companies are accepted, but preference is given to emerging companies seeking less than $3 million, with experienced management teams, understandable proprietary technology and with or without patents.

As of June, 73 percent of the 2011 participating companies had received funding from one or more of the investors. Companies in last year’s class include Seguro Surgical and BioFactura.

Business plans must be submitted by Aug. 1.

The Great Lakes Venture Fair — Aug. 12

High-potential, early stage companies from Ohio and the Midwest can apply to present at this gathering of investors and entrepreneurs Oct. 17 to 18 at the Cleveland Marriott Downtown. A collaboration between The Ohio Capital Fund, Ohio Venture Association, JumpStart, TechColumbus, CincyTech and TIE Ohio, the event will feature high-growth, innovative companies from market sectors including healthcare, IT, energy and advanced materials.

Companies with revenue of less than $10 million that are seeking at least $500,000 within the next six to nine months should apply by Aug. 12.

 

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Deanna Pogorelc

By Deanna Pogorelc MedCity News

Deanna Pogorelc is a Cleveland-based reporter who writes obsessively about life science startups across the country, looking to technology transfer offices, startup incubators and investment funds to see what’s next in healthcare. She has a bachelor’s degree in journalism from Ball State University and previously covered business and education for a northeast Indiana newspaper.
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