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OU INC hosting nationally acclaimed MEDTECH+ intensive workshop

Calling All Technology-Based Entrepreneurs - OU INC is hosting an intensive workshop for public and university entrepreneurs April 7-9.  

This program, MEDTECH+, has been featured by the National Science Foundation and at leading tech centers around the world and has served over 2,000 teams. 
 
“This weekend event is equally valuable to growth companies looking to tighten their go to market strategy as well as teach researchers, students, and innovators looking to learn, create, or even join a new technology startup,” said Neil Sheridan, Principle of SVPI and creator of the program.  “I am excited to team up with OU INC and its partners to bring this program to the region”. 
 
The three-day innovation workshop weekend is designed for researchers, students, and innovators starting a new tech-focused company or growing an existing one.  The skills also apply to those people developing innovation within their companies. 
 
The agenda includes developing a workable business model, attracting talent to the company and making effective investor and customer presentations. The participants will work with expert business and technology coaches learning to sell technology solutions, conduct market research and act on customer feedback with many hands-on activities.
 
The weekend will culminate with teams pitching their ideas to guest judges. There will be in-kind services available for the winning presentation.  Judges, coaches, and stakeholders in the medical and technology fields will join the participants in a reception after the pitches.
 
“This program is a continuation of several key activities this year in commercializing medical device and digital health technologies.  The skills also apply to other technology-based companies.  We are offering this opportunity to attract the many talented people in the area with the ability to create innovations,” said Amy Butler, the executive director of OU INC. “Our program will help attendees understand how to reduce their risk, speed up their launch and make important network connections.”
 
Irene Spanos, director of Economic Development & Community Affairs for Oakland County said, “Programs like this exist to help our growing Medical Device Cluster here in Southeast Michigan known as Medical Main Street. With over 4,300 life science businesses in Oakland County, these boot camps allow them to get the knowledge they need to compete globally.” 
 
“With funding support by the New Economy Initiative, we’re offering this startup accelerator program for free because we want to reach out to more potential innovators and founders in our region and strengthen the innovation ecosystem,” Butler added. “A program of this caliber typically costs as much as $1,500. We also want to be able to give participants real feedback and an opportunity to meet companies and stakeholders.”
 
"Helping new startups launch and expand is a great example of how OU INC helps support entrepreneurs with access to key resources and expertise," said Maria LaLonde, a senior program officer at the New Economy Initiative. "With the new Innovation Weekend, local companies can build a successful path to growth as suppliers and employers within our region.”
 
Partners contributing to this opportunity include: New Economy Initiative; Medical Main Street Powered by Oakland County; the MedHealth Cluster; the Small Business Association of Michigan; JKY Legal, and SVP, LLC. 
 
Participants can register for the event at medtechplus.eventbrite.com where a full program schedule and a welcome video explain the content of the event.  Meals are included in the weekend.
 
About OU INC
OU INC is a Smartzone Business Incubator and Innovation Center, in collaboration with the City of Rochester Hills, Michigan Economic Development Corporation, and strategic industry partners. With a focus on the medtech, energy, mobility, and information technology sectors, OU INC provides entrepreneurial resources and strategic business solutions for developing business ventures and accelerating ideas to market. OU INC is a designated Soft Landing Facility through the International Business Association for international companies. For more information go to http://www.oakland.edu/ouinc.
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