Sometimes Money Isn’t Enough

7 Oct

By Karen Deyo, Director of Investor Research, Israel BD, LSN; Gregory Mannix, Vice President International Business Development, General Manager Europe, LSN

Life Science Nation (LSN) and the Redefining Early Stage Investment (RESI) conference series are built on the belief that a startup can improve its fundraising success by partnering often and making sure that the investors and strategic partners they reach out to are a fit for their technology and stage of development. However, while fundraising is a key piece of the puzzle to achieving success, it is not the only piece.

The other pillar of the RESI conference is our service provider attendees, many of whom sponsor the events. These companies can play a crucial role in giving startups advice to navigate the complex path of taking a technology to a finished product. Simply put, a lack of funding is not the only reason a company may fail – if the company makes an early mistake through inexperience, this can cause issues down the road when they can no longer be fixed.

The service providers who attend RESI can offer valuable insight to early-stage companies based on years, and often decades, of experience working in this space. Taking the opportunity to connect with them at RESI can help a startup achieve that next milestone on the most efficient path. It is often worth the additional cost to know that it is done right and often much faster than achieved in-house.

Sponsors at RESI Partnering Week represent a wide array of valuable services that early-stage companies will benefit from, and they offer guidance and workshops at RESI. Here are some examples:

  • MWE has offered workshops on Negotiating Term Sheets—always a favorite at RESI—and on Commercialization of AI Technologies.
  • Burns & Levinson has shared guidance on such relevant topics as Intellectual Property and Cross-Border Transactions.
  • First Republic Bank discussed the wide array of services that banks can offer to startups.
  • Venture Valuation offered valuable insight on Company Valuation for Fundraising

Other sponsors can provide information on topics ranging from insurance needs for life science companies (Medmarc) to Clinical Trials in Australia (Avance Clinical) to financing of scientific equipment (Boldview Capital), to name just a few.

Aside from information and insight, the great service provider companies that come to RESI are available to help early-stage companies on the long journey to commercialization or exit. Learn more about sponsorship opportunities and how LSN’s business development team can help you reach your goals.

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