Page 1 of 2 Tech Tour Seeks 25 Most Promising Emerging Medtech
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Page 1 of 2 Tech Tour Seeks 25 Most Promising Emerging Medtech
Tech Tour Seeks 25 Most Promising Emerging Medtech Technology Companies | Bus... Page 1 of 2 July 06, 2010 07:42 AM Eastern Daylight Time Tech Tour Seeks 25 Most Promising Emerging Medtech Technology Companies Call for Applications for 2010 Medtech Summit: Deadline is July,23 2010 LAUSANNE, Switzerland--(BUSINESS WIRE)--The European Tech Tour today announced the 2010 Medtech Summit will be held September 29-30 in Lausanne, Switzerland. The Medtech Summit will pair the most promising early and later stage growth companies with representatives from leading cross-border venture capital and global corporate firms. The Funds that will be present at the Tour represent over €10 billion worth of investment capital. Companies from the Medtech industry segment based in Europe, including Israel, Turkey and “The Medtech Summit Russia can register to compete to become one of 25 finalists. Finalists will be chosen from a 2010 will be a great pool of over 250 applicants. The application deadline is July 23, 2010. Bill Muirhead, who is currently a board member for Valtronic Technologies, a group that is active in the subcontracting market for OEM companies in the medtech fields as well as Chairman and co-founder of Ayanda Biosystems, a biotech company, will serve as the President of ETT 2010 Medtech Summit. Mr. Muirhead will be joined by venture capitalist Antoine Papiernik, Managing Partner at Sofinnova, who will serve as Vice President of the Selection Committee. opportunity to showcase the best in emerging Medtech companies from across Europe“.” Bill Muirhead commented “The Medtech Summit 2010 will be a great opportunity to showcase the best in emerging Medtech companies from across Europe“. He added “The event comes at a time where financing companies from seed through to pre-IPO is becoming more and more challenging, following the climate created by first the banking crisis and now by the eurozone debt crisis. Having the opportunity to bring together the best in class Medtech companies with investors from both the venture capital and corporate world, is a great platform to make things happen.“ Jean-Marc Soustre, CEO of the ETT, commented: “This is the second edition of the Medtech Summit following the success of our first in 2008. Medtech is now a significant industry focus in Europe, with a capital intensive and complex ecosystem. With the support of all players, the ETT proposes a unique format to understand the underlying drivers in this industry and to efficiently identify and leverage existing business opportunities.” Registration Applicants can register for the Tour at http://www.techtour.com/Registration.htm As part of the process applicants must submit a company profile, business plan and draft presentation together with the registration form. Selection criteria Applicants will be assessed on the uniqueness of their technology, the strength of their business model, vision, capability to execute on the business plan and the quality and track record of their management. Submissions will be reviewed by the selection committee, which is comprised of 20 senior business leaders from various backgrounds including venture capital, technology, research and economic promotion. Rewards for finalists The selected 25 finalists will have twenty minutes to present their business plans to high level investors from the global venture capital and technology industry, service providers and academics. In addition, they will benefit from networking opportunities, local and international media exposure and potential opportunities to secure funding. http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&... 19.07.2010 Tech Tour Seeks 25 Most Promising Emerging Medtech Technology Companies | Bus... Page 2 of 2 About the European Tech Tour The European Tech Tour Association (ETT) was founded in Geneva in 1998 in response to the growing interest in emerging technology companies in various European regions. ETT is an independent, not-for-profit organisation composed of key contributors to the high technology industry. The Association recognises that continued prosperity in Europe lies in its ability to transform today's innovative projects into tomorrow's global technology leaders. For further information, please visit www.techtour.com Contacts European Tech Tour Laurian Harry +41 22 544 60 62 [email protected] Permalink: http://www.businesswire.com/news/home/20100706005609/en/Tech-Tour-Seeks-25-Promising-Emerging-Medtech http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&... 19.07.2010