WHAT IS THE COMMERCIAL POTENTIAL OF YOUR RESEARCH OR HEALTH INNOVATION?
The Health Innovation Bootcamp is an immersive, project-focused education program providing curious innovators with the building blocks of entrepreneurship. You and a select group of health care innovators will come together in person over six sessions to explore and validate your innovative ideas for commercial potential through weekly challenges. The program fee ($50 + HST) will be pooled and a total of $1,000 will be awarded to the participant who completes all challenges and has the best pitch in the final session.
EDUCATE. CONNECT. CHALLENGE.
Bootcamp participants will start to build their business foundation and understand high level entrepreneurship/business concepts and terminology. Students are encouraged to use each session to network with one another and bounce ideas off each other, and they are challenged to apply the concepts learned in the bootcamp to their own innovation by completing weekly challenges.
Expandable List
Key Takeaways
- There will be opportunity for the bootcamp cohort to share their innovation project ideas with one another.
- Problem definition and validation concepts will be covered.
Key Takeaways
- The bootcamp cohort will define their solutions in customer segments.
- Students will receive an in-depth presentation on value proposition, market (TAM, SAM, SOM) and competitor analysis landscape.
Key Takeaways
- Key topics to be discussed include unfair advantage, channels, customer segments, key metrics, cost structure and revenue streams.
- Students will receive a high-level overview of intellectual property and regulatory concepts.
- Students will understand how to market and sell their innovation as a real product.
Key Takeaways
- Students will be taught how to create an effective three-minute pitch deck for various audiences (pitch competition, investor, partner, customer).
- Students will create a one-minute elevator pitch on their innovation – a valuable tool to be used in front of important stakeholders.
Key Takeaways
- Students will understand the importance of networking and building a strong team. Project management concepts will also be introduced.
- Fundamental definitions and concepts for dilutive funding will be introduced.
- How to find non-dilutive funding opportunities and write a successful application.
- High level overview of exit strategies will be introduced.
Key Takeaways
- Each participant will have the opportunity to apply all bootcamp concepts in their three-minute business pitch to the bootcamp cohort, Clinic mentors, and three or four judges.
- Students will receive feedback on their pitch, and an opportunity to win the prize pool.
BOOTCAMP FACILITATORS
Information Box Group
Emma Tolsdorf, PhD (c)
Hasam Madarati, PhD
TESTIMONIALS
Watch how the Health Innovation Bootcamp helped Deena Al-Sammak and Hasam Madarati, PhD, move their health innovations forward.
Fall 2024 Health Innovation Bootcamp
September 24 – November 5, 2024
Over six sessions, learn the foundations of health entrepreneurship to move your health innovation forward.
Bootcamp will held in-person at The Clinic at McMaster University and will also be running simultaneously, streaming at our satellite locations at The Clinic @ St. Joe’s (St. Joe’s Charlton Campus), The Clinic @ HHS (David Braley Research Institute), and at MACcelerate Waterloo Regional Campus.