Insight Product Development and MATTER hosted the 4th annual HealthTECH Startup Competition last week. This very well attended event brought together some of the top representatives of the booming Midwestern startup ecosystem, including investors, academia, government, and Fortune 500 medical companies. The event showcased ten top healthcare startup companies from the Midwest and beyond who were down-selected from over seventy-five applicants. The finalists were selected by a group of expert judges representing industry, startups, and the financial sectors.
Each team presented a five-minute elevator pitch to compete for cash and in-kind services. The judges awarded a $20,500 first prize, $10,500 second, and the third place winner earned $4,000. The winners also received 6 months free membership at MATTER. The event was complemented by excellent food and drink as well as networking and an exhibition of the ten startup competitors. According to Steve McPhilliamy, the executive director of Insight Accelerator Labs, “This event gets stronger and stronger each year; it is amazing to see so many talented people come together for what is always an entertaining and exciting night.”
This years fist place winner was IntuiTap Medical, a group that was launched out of the Texas Medical Center Biodesign program and developed real-time tissue mapping to eliminate the guesswork from spinal taps. Second place winner was Portela Soni Medical LLC, who developed a novel infection reducing urinary catheter system, PSYONIC was the third place winner having developed an affordable, highly functional prosthetic hand solution incorporating force feedback.
We’d like to once again thank our partners and judges for helping to make this such a great event.
HealthCure LLC, Managing Director & CEO
Northwestern Capital Partners LLC, President & CEO
American Medical Association, Director, Digital Health Strategy
Emmi Solutions, Founder
West Pharmaceutical Services, VP, Global Innovation
PROPEL, iBIO Institute, Senior VP
James Kelly, MD, MBA, FACS
Cascade Partners, LLC, President & Principle
U.S. Department of Health & Human Services, Senior Innovation Strategist
We’d also like to congratulate and thank all of our finalists for their outstanding presentations.