Local Plenary: What we heard… Organic Growth Perspective Ian Haase, MSc, MBA Business Development Consultant, TechAlliance Medical Technology Innovation Conference, June 2011
Keys To Success for London, Ontario Organizational Alignment Entrepreneurial Skills/Training/Support Access to Capital Commercialization and Regulatory Support Market Access
Entrepreneurial Skills and Training A number of resources available to entrepreneurs in the city, the more you look the more you find TechAlliance and our regional alliance partners offer assistance to all start-up and early stage technology companies Using these resources, you can move ideas farther along the commercialization pathway than you might think, which is important considering the lack of risk capital!
Access to Capital Knowing is half the battle!
Countless programs and resources
- BUT, money comes with strings attached Successful funding requires the full package (the idea, the team, the timing) Key is to get far enough along the commercialization pathway to apply for grants and engage larger investors Skin in the game is a MUST!
Market Access Training/Testing/Clinical Trials Early Adoption of technology If the goal is to have local companies with global ambitions, they need local market access! Market access is no easy task! Just having a better mousetrap is not enough, there are confounding factors in health care.