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Archive for category: Insight Accelerator Labs

The Influence Startups are Having in Healthcare Innovation

December 17, 2015/in Insight Accelerator Labs /by

MedDeviceLogoMed Device Online features Steve McPhilliamy’s latest perspectives on Innovation in his “Emerging Technologies” monthly feature

The idea that innovation is the key to growth and future success is a common theme in virtually every industry. As entrepreneur and Amazon.com founder Jeff Bezos said, “If you double the number of experiments you do per year, you’re going to double your inventiveness.” The concept of searching for opportunities and investing in innovation is at the core of every strong, growing company.

What has evolved over the past ten plus years is the way these organizations are driving innovation.

Check out the full article to learn how: http://www.meddeviceonline.com/doc/the-optimized-path-to-innovation-0001

HealthTECH on Track to Double Program Impact

September 4, 2015/in Events and News, Insight Accelerator Labs /by

Growing Financial Award, Building Ecosystem Support and MATTER Co-Host Commitment Mark Expansion

HealthTECH Startup Competition
On the heels of highly successful events in 2013 and 2014, Insight Product Development has effectively doubled the size of its annual health tech innovation program. Now featuring a two-phase health tech competition for early stage Midwest medical device and digital health startups to compete for cash and prizes to advance their technologies toward commercialization, the newly expanded program will be co-hosted by MATTER at WellTech in June 2015, and the Chicago HealthTECH Summit in October 2015. The competition is also on track to double the size of its startup award to $35,000 thanks to growing interest by members of the Midwest business and investment community.
Read the full release here.

Open Call for Startup Applications!

July 23, 2015/in Insight Accelerator Labs /by

Med Device OnlineInsight Product Development is inviting local med device & digital health start-ups to apply by September 15th to compete in the championship round of its newly expanded, 2-phase Startup Competition for $35K at the Chicago HealthTECH Summit! Check out the Med Devices Online article here http://bit.ly/1JgYG3u and apply today at https://insightpd.com/healthtech-startup-competition/

Round One Finalists Named in Insight Product Development Startup Competition

June 17, 2015/in Events and News, Insight Accelerator Labs /by

WellTechIndustry Leaders Select Five Up-and-Coming Innovators for WellTech Live Pitch

In the first round of the newly expanded Insight Product Development Startup Competition judging, professionals from MATTER, Baxter and Insight Product Development hand-selected the most promising early stage healthcare innovations to compete for $35K in cash and professional services to further advance their innovations toward commercialization. The finalists, which will live-pitch judges at WellTech on June 25th are 4D Healthware, Helix Analytix, Doc&i, Zest Health and TeleHealthRobotics.

Narrowed from a large round-one competition startup applicant pool, these five finalists will also join other competition front-runners in an innovation showcase at WellTech following the live pitches. Innovation showcase participants include Secarleye, UroProx LLC, Prana Diabetes, Janus Choice LLC, Neximatic, Varsa Health, and Integrative Pain Centers of America Inc.

To learn more about the Insight Product Development Startup Competition, or to register to attend the first phase of the competition at WellTech, visit: https://insightpd.com/healthtech-startup-competition/

Insight to Lead MATTER Workshop Program Through New Partnership

June 15, 2015/in Events and News, Insight Accelerator Labs /by

MATTERInsight director of research and strategy, Carolyn Rose, and senior researcher Abbe Kopra will reveal how high impact product design starts with a deep understanding of the needs of end users and customers at MATTER Chicago.
Carolyn RoseAs part of the Stakeholder Validation Program - a partnership between Insight Product Development and MATTER, Insight will lead multiple workshops to help startups identify the right stakeholders to approach, and the right questions to ask. MATTER member companies will learn how to further investigate their user hypotheses in an unbiased and informative way, assess whether the problem is painful enough that stakeholders would pay for a solution, confirm whether proposed solutions are seen as an effective “painkiller,” and emerge from the workshops with a template interview guide and a deeper understanding of the interviewing process.

How Established Companies Can Leverage a Startup Approach to Innovation

May 27, 2015/in Insight Accelerator Labs, Medical Devices /by

Insight’s Steve McPhilliamy reveals a winning formula for companies to gain a competitive advantage in Medical Design Technology Magazine!

Read more

Insight Shows MATTER Startups How to Translate Customer Insights into Tangible Innovation

March 25, 2015/in Events and News, Insight Accelerator Labs /by

Matter-LogoIn a market-driven product design workshop at Chicago healthtech incubator MATTER today, Insight’s own Director of Innovation, Ed Geiselhart and Director of Research and Strategy, Carolyn Rose offered hand-on learning exercises in performing effective customer interviews and transferring key learnings into testable product requirements. Held as part of Insight’s ongoing med tech innovation partnership with MATTER, the workshop also afforded local startups with the necessary context to speed their testing of early product concepts through various prototyping techniques.

Ed Geiselhart, Director of Innovation at Insight

Ed Geiselhart, Director of Innovation at Insight

Insight Reveals Best Practices for Accelerating Innovation in MATTER Startup Workshop

March 18, 2015/in Events and News, Insight Accelerator Labs /by

Matter-LogoIn a workshop today for early stage startups at Chicago incubator MATTER, Insight Partner and Executive Director of Insight Accelerator Labs, Steve McPhilliamy detailed how lean development methodology can be leveraged by startups and large enterprises alike to accelerate innovation.

Co-presented by Pathfinder co-founder Bernhard Kappe of Chicago, the workshop showed MATTER startup residents how to apply business model generation and the lean startup methodology across digital health, medical devices, therapeutics and diagnostics to dramatically increase the development speed and success rate of new medical products.

Insight’s Steve McPhilliamy addresses MATTER start-up residents

Insight’s Steve McPhilliamy addresses MATTER startup residents

In the course of today’s workshop, entitled “Getting Out of the Building – The Lean Launchpad Methodology for Business Model Validation” participants were given a framework for navigating current healthcare industry challenges from the FDA pathway to marketplace complexity, the key distinctions of investment readiness for their respective technologies, the order of technology testing when transitioning to a lean startup model, and transitioning from single to parallel path validation, among other key lessons.

MATTER Partners with Insight for Medical Device Design Innovation

December 16, 2014/in Events and News, Insight Accelerator Labs /by

Chicago’s Health Tech Ecosystem Leader, MATTER will draw on Insight’s expertise to accelerate local entrepreneurship. As part of the partnership, Insight will help MATTER’s medical device startup members successfully navigate the complex terrain of the medical innovation space – from user needs characterization and front-end innovation to technology development and new product technology scaling. Read more

Insight Joins Chicago Healthcare Business Leaders to Advance Innovation with MATTER

December 2, 2014/in Events and News, Insight Accelerator Labs /by

Company Joins AbbVie, Astellas Pharma US, Takeda Pharmaceuticals & Others

Read more

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