By Joey Wong, Investor Research Analyst, Hong Kong BD, LSN
Life Science Nation (LSN) has successfully concluded a two, half-day education workshop in collaboration with the Chinese University of Hong Kong (CUHK) PI Centre. This has been the debut of a newly developed entrepreneurial education program. With over 75 participants signed up for the event, the diverse audience group included students, researchers, entrepreneurs, and delegates from other incubators and tech hubs.
This two-day workshop provides aspiring scientist-entrepreneurs the tools and tips needed to successfully launch a life science company and begin interacting with target partners. The first day was led by LSN CEO Dennis Ford, covering fundamental entrepreneurial concepts and a list of tactical to-dos when launching a startup. During the discussion, Dennis emphasized the importance of cross-border partnerships and understanding cultural differences in business, as well as the key to success in a highly competitive global realm being both knowledge and adaptation.
On day two, we discussed the practical side of business development. Lectures covered executing a global partnering campaign, developing effective branding and messaging, and debunking common myths about fundraising. Many insightful questions and comments were posted during the sessions, most commonly on startup valuations, estimating financial needs, timeline for fundraising, and the negotiation process with investors. The presentations offered insight, but the audience participation and questions made the content come alive with real-world problems and practical solutions.
Many thanks to the CUHK team for promoting the event, hosting the gathering, and ensuring the delivery of the workshop, despite local severe weather conditions. We anticipate that participants will use the experience to enhance their future endeavors in the global life science and healthcare arena. We look forward to working with more Asian and Hong Kong-based organizations, bringing LSN’s unique network and expertise to the local life science and healthcare startup ecosystem.
For any inquiries, please contact Joey Wong, Investor Research Analyst, HK Business Development at j.wong@lifesciencenation.com.
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