Resources for Med Tech Innovators

MEDICAL TECHNOLOGY INNOVATION & INVESTMENT JOURNAL  Is working on identifying and bringing as many resources to med tech professionals to make their start ups successful. The following list of companies have some history of bringing investments in to  startups in the med tech sector. York Medtech Partners Inc., based in Toronto, Canada, is an advisory and investment firm serving companies in the medical technology sector. They work with high potential technology companies in the following areas: Medical devices Medical Imaging Medical diagnostics Health science instrumentation E-health technologies Healthcare services York  partners with management, entrepreneurs, researchers, and investors to create and build medical technology businesses with global reach. Their team contributes management expertise, industry knowledge and access to capital to transform great ideas into successful commercial ventures. York Medtech Partners has established York Medtech Commercialization Fund (YMCF) to make seed stage investments in medical technology companies arising from Ontario research institutions. Eligible investments by YMCF qualify for a 30% grant from the Ontario Government. YMCF is sponsored by several of Canada’s premier research institutions including the University of Toronto, York University, University of Waterloo, University of Western Ontario, University of Ottawa and Sunnybrook Health Sciences Centre. Contact:  Office Location595 Bay St., Suite 1204 P.O. 75 Toronto, Ontario, CANADA M5G 2C2 Phone: (416) 482-6568 Fax: (416) 640-5153 John Connolly - Managing Director Direct: (416) 985-4361 Email: jconnolly@yorkmp.com Ken Pritzker - Managing Director Direct: (647) 221-6909 Email: kpritzker@yorkmp.com John Jordan - Director Direct: (416) 729-7502 Email: jjordan@yorkmp.com ENDEAVOUR VISION are a venture and growth capital firm providing expertise and funding to entrepreneurs and companies with global ambitions in life sciences and information technologies. The company is based in Switzerland. They have funded the technologies that can be disruptive. Endeavour Vision SA 6 rue de la Croix d’Or 1204 Geneva, Switzerland Tel +41 22 544 6000 info@endeavourvision.com www.endeavourvision.com TrialMed Life Sciences, LLC The group is connected to distributors in India and have a team to do a clinical trial on medical devices in INDIA. contact: sonali@trialmed.com The Mercury Medical Investments (MMI)  This group provides early stage funding for promising healthcare and healthcare related technology.  They identify investments aligned with their mission to improve healthcare and patient outcomes through innovation and technology, while striving to achieve excellent returns for their investors. Once identified and screened, we seed the early stage companies and provide financing, guidance, and networking to help the venture achieve benchmarks to success.  Submit your business plan and supporting materials to:  getstarted@mercmed.com AIB Venture Capital Fund As part of our comprehensive range of financing options, AIB also provides Venture Capital funding to Irish businesses in the early stages of their development.  The AIB Seed Capital Fund which is co-owned by both AIB Bank and Enterprise Ireland is the largest Seed Capital fund in the country.  Established in 2007 a total of almost EUR7 million has been invested in 18 projects (to June 2009) and the fund is expected to substantially increase the level of investments over the next three years. The average initial investment made by the Fund is in the order of EUR250,000 but smaller investments of EUR100,000 will also be evaluated. Enquiries from all sectors are welcome and to date enquiries have predominantly come from Entrepreneurs in the internet, software and services sectors along with enquiries from the marine, media, healthcare and food sectors from all across Ireland. If your business or business idea is in need of a cash injection, then the AIB Seed Capital Fund may be the solution. How the Venture Capital Funds work: The Venture Capital Fund provides money for investment in innovative enterprises in exchange for a stake in the enterprise. Venture Capital investments are usually for a period of 3-5 years at which stage there is normally an IPO, a merger, an acquisition or a buy-out. Benefits of Venture Capital Funds: An excellent source of finance Venture Capital finance gives your business a cash injection to fund expansion, product development or acquisition. Unlike more traditional forms of finance periodic interest payments are not expected of a company invested in by the Venture Capital Fund. Additionally, this form of financing may be available to your business when other forms of finance are not. Expertise and advice The expertise and advice of the venture capitalists is at your disposal. This could range from offering you commercial and strategic advice, a network of business contacts, assistance with staff and management development, fundraising or marketing. How to apply: Details of the AIB Seed Capital Fund and the application process can be found on www.aibseedcapitalfund.ie and on the websites of the Investment Managers; www.enterpriseequity.ie and www.dbic.ie.