By Dennis Ford, Founder and CEO of Life Science Nation, Creator of the LSN Partnering Conference Series
Check out a recent list of the top challenges startups face when entering the early-stage fundraising arena. Each challenge is linked to an article tackling these and similar issues.
- Migrating from regional mindset to global partnering arena
- Understanding that deals take 9-18 months and identifying vehicles that can assist in partnering campaigns early
- Defining and understanding their competitive landscape
- Compiling a global target list (GTL) that is a fit for product and stage of development
- Understanding the cost of launching and executing a global partnering campaign ($60K-$90K)
- Developing branding and messaging that highlights unique company value that is clear, concise, and easy to understand
- Implementing a CRM to activate and organize global campaign, which includes ongoing curation of partner list, outreach initiatives, and tracks status and to-do list for all meetings
- Hitting the road with phone and email canvassing, as well as traveling to conferences to engage partners
- Learning the art of follow-up (99% of all startups fail here)
- Learning how to efficiently partner at a partnering conference
Life Science Nation is committed to facilitating well-fitting meetings between founders with innovative assets and the capital and channel partners who seek them. Join us for one of our free fundraising bootcamps to learn about the products and services we offer to the startup community in life science and healthcare.
 |
Preparing to Pitch at RESI |  |
|
The Innovator’s Pitch Challenge (IPC) is an opportunity for early-stage companies to gain additional exposure to conference attendees, pitch directly to a panel of relevant investors, and participate in a live Q&A session. This bootcamp will walk through the process of preparing your pitch materials and what to expect in a live pitch session, including frequently asked questions from investor judges.
|
|||
 |
Fundraising 101: Avoiding Pitfalls and Improving the Odds |
|
|
This bootcamp is designed to help scientist-entrepreneurs navigate the world of fundraising. It starts out by debunking some commonly held misconceptions about early-stage startups and fundraising, followed by tips on how to improve your chances and increasing investor visibility.
|
|||
 |
Preparing to Pitch at RESI | |
|
The Innovator’s Pitch Challenge (IPC) is an opportunity for early-stage companies to gain additional exposure to conference attendees, pitch directly to a panel of relevant investors, and participate in a live Q&A session. This bootcamp will walk through the process of preparing your pitch materials and what to expect in a live pitch session, including frequently asked questions from investor judges.
|
|||
 |
Strategies for Successful Partnering | |
|
This bootcamp is a fan favorite with tried-and-true tips to make your partnering experience exceptional, letting your technology, product, and team take center-stage. Whether booking 1-on-1 meetings or pitching to a panel, these strategies will help you prioritize the details that make a difference in telling your story to potential investors and strategic partners.
|
|||
Our Redefining Early Stage Investments (RESI) conference returns in a virtual format June 7-9. Register today and save $300 on super early bird rates by April 15!
Next Phase Newsletter 
Leave a Reply