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The Story of Innovator’s Pitch Challenge

12 May

By Claire Jeong, Chief Conference Officer, Vice President of Investor Research, Asia BD, LSN

claire

Just as a good story is the backbone to any pitch, so the story behind the Innovator’s Pitch Challenge (IPC) explains why it has become a RESI mainstay and one of the event’s most popular sessions with both startups and investors alike. Prior to the Covid-19 global pandemic, pitch sessions were included in the RESI agendas, but not met with the same enthusiasm we now see. In early 2020, the entire life science industry scrambled to figure out how to best adjust and shift perspectives and workflow.

As the world came to a halt, RESI had to pivot, and we reassessed how to best add value to the growing need for early-stage technology assets in life science and healthcare. Pitching is necessary for startups to share their story and increase their exposure to investors and other relevant industry experts. However, there is often a noticeable lack of engagement. At other conferences, we saw companies that had dedicated hours and days to practicing and perfecting their pitch got little value-add beyond the single encounter. Adding this value to a virtual format became our singular goal.

The IPC is unique in that all companies have a dedicated landing page where they can share any relevant company materials, viewable by all conference attendees. All IPC finalists are assigned to a live Q&A session with investor and industry expert judges who actively work with companies in their sector and stage of development and receive early access to each company’s marketing materials, which allows for more targeted, detailed questions. These judges often self-select, so they participate with genuine interest in the participating companies. See what judges have had to say about their participation:

“The Pitch Sessions were a great opportunity to engage with the CEO/Founders of very innovative Life Science startups. Despite the COVID-related transition from in-person to virtual meetings, the RESI team did an outstanding job organizing these sessions, ensuring that the live Q&A was very productive, and facilitating follow-up with these exciting companies.”


Gary Gershony, Life Science Angels / BayMed Venture Partners

 


“The Pitch Sessions are a great opportunity to connect with startup CEOs and learn more about their work…It really has been an effective and efficient way to make connections, create deal flow and help startups raise money for their upcoming raises.”

Mayank Taneja, OSF Healthcare

“It was a very economical use of time; the investors got to ask their important questions and the Innovators got a good idea of the most pressing questions from the investors point of view.”


William Kuziel, MedPro Investors
To date, 700+ companies applied to present and 300+ unique investors and industry expert judges have participated in the live pitch sessions. Join the companies featured below and apply to pitch at Digital RESI, June 7-9 by Friday, May 13!

400 Reasons to Not Miss Out

5 May

By Greg Mannix, Vice President International Business Development, General Manager Europe, LSN

Are you looking for early-stage investors? Digital RESI, June 7-9 is the (virtual) place to be! Don’t take my word for it, though. Check out the investors and strategic partners who are already registered for Digital RESI June and decide for yourself how you want to connect with 400+ top early-stage investors and strategics. You can book meaningful meetings with the right players on the powerful RESI Partnering Platform, and you still have a chance to compete in the Innovator’s Pitch Challenge. Be sure to register by this Friday, May 6 to save $200 on registration.

Confirmed Investors and Strategic Partners*

*As of May 4, 2022

CI05052022

Building the Perfect Pitch

5 May

By Karen Deyo, Director of Investor Research, Israel BD, LSN

A perfectly honed pitch is an important part of a startup’s bag of tricks. Many think that having a good pitch is easy because no one knows their company better than they do, and telling people about it is simple enough, right? Wrong! Building a concise pitch with the right amount of information to tell enough of the story to catch an investor’s attention can be a long and arduous process. When working with some of our branding and messaging clients, the elevator pitch can go through dozens of drafts before finding the right balance.

A good pitch should give investors a snapshot of your technology, your stage of development, what makes your technology unique, what you are looking to raise and what milestones you are looking to achieve. Some companies may also choose to highlight any relevant experience with the management team, the involvement of a KOL, or maybe a key partnership that they have developed. Each elevator pitch is unique, depending on the company and what part of their story is crucial to highlight. The one thing that all pitches have in common is that they take a lot of practice to perfect. However, you cannot practice in a vacuum – getting solid feedback is a critical part of developing a solid pitch.

This is where pitch sessions, like RESI’s Innovator’s Pitch Challenge (IPC) come in. The IPC provides a chance to hone your pitch, practice pitches in different lengths, from the 4-minute prerecorded pitch to the 1-minute live pitch during the Q&A session and get a glimpse of what questions an investor may ask for clarification. Participating in pitch sessions like the IPC gives you a glimpse into what questions investors are frequently asking you. This may indicate an area of your pitch that needs more work, or a part of your company strategy that you should develop more fully to appeal to more investors. Joining the IPC is a wonderful tool to help you make a great first impression.

Join Life Science Nation for a FREE Bootcamp in preparation for the Innovator’s Pitch Challenge.

Tuesday, May 10, 11AM EDT
Preparing to Pitch at RESI 
  • Greg Mannix, Vice President International Business Development, General Manager Europe, Life Science Nation
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.

The application deadline for the IPC has been extended, so it’s not too late to apply for the IPC for Digital RESI June – apply here!

Last Chance to Pitch!

28 Apr

By Claire Jeong, Chief Conference Officer, Vice President of Investor Research, Asia BD, LSN

claireThere are still pitching slots available for Digital RESI, June 7-9! The deadline for the Innovator’s Pitch Challenge (IPC) is tomorrow, April 29. The IPC is a great opportunity to showcase your company and stand out among RESI’s community of investors and strategic partners. A recent IPC winner spoke with our team to share their process as a first-time RESI attendee and pitching company. Check out Bold Therapeutics’ interview here.

The IPC includes unique benefits to maximize your pitching experience:

  • Dedicated Webpage: Each IPC finalist company will have their own dedicated landing page, which will include a short pitch video, slide deck, executive summary, and other marketing collateral they wish to highlight that is relevant to their company.
  • Enhanced Visibility: The RESI live agenda will open a few days prior to the conference for judges and attendees to review finalist company materials. The agenda will remain live for a month following the event.
  • Live Q&A: IPC finalists are grouped with other companies based on sector and technology and will be assigned to a one-hour Q&A session with a panel of investors and industry experts who actively invest in and work with similar technology. All judges are instructed to review pitch videos before the session, enabling them to ask more targeted, high-level questions. After the session is over, IPC finalists are connected with participating investors via email.

The IPC has grown into one of RESI’s most popular and valuable features. The deadline to apply is tomorrow, Friday, April 29.

*A one-day or three-day registration + $800 pitch fee are required to participate.

What’s New for Tech Hubs at RESI?

21 Apr

By Erika Wu, Business Development Manager, Global Tech Hub, LSN

At the Redefining Early Stage Investments (RESI) conferences, tech hubs represent a global ecosystem of accelerators, incubators, non-profits, universities, and regional and government organizations who set up their early-stage life science startups for success with their entrepreneurship journey. RESI has hosted tech hubs ranging from National Institute of Aging (NIA), Lyon Biopole, IntuitiveX, University of British Columbia, and more.

Through RESI partnership, tech hub constituents gain access to resources beyond partnering, such as Life Science Nation (LSN)’s Investor Database, the Innovator’s Pitch Challenge (IPC), and free workshops to help develop strong relationships with investors and secure necessary early-stage funding.

This year, LSN has developed updated and personalized programs to further benefit tech hubs and their constituents. Check out a preview of our updated 2022 programs to promote tech hub involvement and accelerate growth of each individual constituent. Each option is available for tech hubs to take advantage of to add value to their constituents who raised less than $2M:

For Tech Hub Constituents:

  • 50% discount for constituent registration at any virtual or hybrid RESI conference (constituent must be from LSN’s tech hub partners)
  • Group Fundraising Database Package (3 companies minimum):
    • 4-month access to the Investor Database
    • Free constituent registration + pitching slot at any virtual or hybrid RESI conference

For Tech Hub Staff:

  • Bronze Sponsorship ($2,500 annually):
    • Free tech hub staff registration at any virtual or hybrid RESI conference
    • 50% discount for constituent registration at any virtual or hybrid RESI conference
    • Dedicated pitch session
    • Exhibition slot

If you’re a member of a tech hub or looking to add value to your members, reach out to see which offerings best fit your needs. From lab to clinic, and providers to patients, LSN is accelerating the growth and success of companies emerging from tech hubs. Schedule a meeting with Erika Wu, Business Development Manager, Global Tech Hub at Life Science Nation.

Stories from the Pitch

21 Apr

By Rory McCann, Marketing Manager & Conference Producer, LSN

Pitching is unavoidable when raising capital, and the process of pitching to early-stage investors can be incredibly daunting, especially for first-time founders. Life Science Nation (LSN) is hosting another Innovator’s Pitch Challenge (IPC) at Digital RESI, June 7-9. This opportunity provides sector-based pitch sessions for 4-5 founders to pitch directly to a panel of investors in their field. LSN also provides free prep resources including a webinar reviewing the pitch session format and materials. The business development team at LSN also offers complimentary review of finalists’ marketing materials.

While pitching can be scary, it doesn’t need to be, and LSN assists founders by providing the tools necessary for them to be successful. Check out stories from previous IPC winners to learn how they approached pitching at RESI.

Be sure to join the next free bootcamp: Preparing to Pitch at RESI on Wednesday, April 27 at 1 PM EDT. Applications to pitch at Digital RESI June close on Friday, April 29, so get yours in today!

Preparing to Pitch with the End in Mind

14 Apr

By Rory McCann, Marketing Manager & Conference Producer, LSN

Bold Therapeutics is a clinical-stage pharma startup developing and commercializing novel therapeutics to combat drug resistance in cancer and infectious disease. At Digital RESI March, Bold Therapeutics founder Russell McAllister met success at the Innovator’s Pitch Challenge (IPC) and is sharing his perspectives from preparation to pitch to follow-up conversations. If you’re actively fundraising or considering pitching at RESI, check out our conversation and learn how Russell leveraged, not only his company, but his own unique experience to stand out at RESI.

IPC applications are still live until Friday, April 29. Get your application in by Friday, April 15 to save on super early bird rates!

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