How to prep for the Rapid Fire Round

1. MedTech’s
Got Talent
Actuator
the
HOW TO PREP FOR
THE RFR ROUND
POWERED
BY:

2. Rapid Fire Round
DATE: 21 September
TIME: 4-7pm (be early!)
LOCATION:
Melbourne – EY, 8 Exhibition St, CBD 3000
Sydney – Medtronic, 8 Alma Road, Macquarie Park 2113

3. who
Rules Refresher
Anyone can be on your team that
makes sense, but the person
presenting must be a qualifying
member (See website FAQ's)
what
You have to pitch the project that
got you to this round, or a
reasonable pivot. If in doubt, ask.

4. props No, nada, seriously we mean it.
Immediate disqualification if you ignore
this rule.
slides Nope again. Just you, the mic and the
audience. If you insist, you can have a
cheat notecard to help jog your
memory… but refer to above
Rules Refresher

5. time You’ve got 60 seconds. We’ll make
sure it gets awkward if you run over,
so keep it snappy.
attend Yes, we can video link you in. No, we
won’t do it unless there is a seriously
awesome reason you can’t be there
in person.
Rules Refresher

6. audience To keep the event casual and
navigable for mentors, we’d like to
keep it small.
Please limit the number of people
you invite to your immediate team
members and advisors. You can fill
your friends in on the awesomeness
of the afternoon later.
Rules Refresher

7. At networking breaks, mentors will have a
chance to mingle amongst the teams and
ask questions
That means you and all team member
should stay at your assigned spot for each
mentor mingle session!
There will be Q&A

8. Putting all program dates in your
calendar now
We Suggest…
18 September: IP & Bus Law, Product Development
28 September: Customer Development
3 October: Risk Mitigation + Exec Sum Refresh
5 October: Business Models
25 October: The Eliminator + Gala Dinner Prep
21 November: Pitch2Win
30 November: Gala Dinner Finals
11-15 December: ATR National Sprint
Dec-Feb: ATR workshops (Tues/Thurs)
20 February: Investor Pitch (Dry Run)
20 March: Investor Deal Pitch

9. Besides just not missing out on the fun,
• STC gets a vote alongside our judges.
Participation is one way to make sure you’re
maximising your score.
• If you make it the whole way, the top prize is
tranched, with payment tranches triggered
by program participation
(i.e. no participation = no money)
Because…

10. How to
Pitch
A Refresher

11. “those guys were killing it – rocket ship
trajectory growth”
“they had a really clever solution to a vexing
problem”
“I don’t remember what they did, but the team
was bankable– A-players all the way”
Question: What makes you exceptional?
What’s Your ‘One Thing’?

12. HookA question or a statement
that really entices the
audience to stay with you for
the full pitch
5 seconds: the most concise
single formulation of your
idea

13. Good
Hook
Bad
Hook
"We’re disrupting the medical
apps industry, a $500 billion
market.”
A relevant personal anecdote about how
when you flew from Seattle to New York
with a sinus infection, the pressure from
the landing ruptured your eardrum,
comparing the pain to what it might feel
like if Mike Tyson bit off your ear.

14. …so focus on 4 things
YOU CAN’T COVER IT ALL IN 60 SECONDS
1 The Opportunity
The Market
The Business Model
Why You?
2
3
4

15. Ways to prep for your pitch
Preview of the awesome venue
Read up on product development mentors
Practice on friends & family
As painful as it is, video yourself… and
WATCH!
4

16. Dr. Laura Faulconer
CTO
laura@medtechactuator.com
0413 467 201
REACH OUT
www.medtechchallenge.com