Sep 15 / 2021
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Med-Tech World partners with Malta Enterprise & Galen Growth for Startup Pitch

Startups could also win up to €500,000 in investment

Med-Tech World has announced a partnership with Malta Enterprise, Malta’s economic development agency with an investment promotion arm, tasked with attracting new foreign direct investment to Malta, and HealthTech experts Galen Growth. The companies will support the upcoming November Med-Tech World Startup Pitch competition which takes place during the Med-Tech World expo.

Galen Growth has defined 4 key themes for the competition which are the latest primary focus for corporations and investors:

– Remote Patient Monitoring
– Patient Adherence
– Clinical Trial Support Services
– Digital Therapeutics

Each promising digital health venture applying to participate in the startup pitch competition will be evaluated to assess the following key signals, namely:

– Is it digital health?
– Does it fit one of the 4 key themes?
– What market momentum has it achieved?
– How Innovative is its solution?
– Will the leadership team be able to scale?
– How does it compare to immediate competitors?

The Galen Growth evaluation will produce a shortlist of the most promising ventures which will then be further assessed by a jury. The winner(s) will be selected by the jury after the shortlisted ventures have pitched and replied to the jury questions.

The startup pitch offers up-and-coming startups crucial early-stage support, enabling them to bring their projects to fruition, offering coveted access to investors, experts, and mentors, as well as valuable exposure on the expo floor. A crowd pleaser, the pitch competition offers 10 entrepreneurial finalists the chance to pitch their concept to a live audience, and to a team of judges. Additional benefits include invitations to networking dinners and premium online exposure for their brand.

“We are witnessing the coming of age of digital health! The pandemic has clearly accelerated the value proposition of digital health for health systems, corporations, physicians, and patients which is building significant investor momentum. 2020 was record breaking with USD 25 billions of venture capital deployed but Galen Growth is already predicting that this year will exceed USD 30 billions!” said a Galen Growth representative.

The SiGMA Group will also launch a new fund offering unicorn hopefuls an investment prize worth between €25,000 and €500,000. All startups taking part in Malta Week events, including Med-Tech World, SiGMA, AGS, and AIBC will be eligible to take part.

Who is Malta Enterprise?

The main sponsor for Med-Tech World Startup Pitch, Malta Enterprise is the country’s economic development agency, tasked with attracting new foreign direct investment as well as facilitating the growth of existing operations. Furthermore it acts as an advisor to the government on economic policy due to its close and constant interaction with the main economic player in the country. Malta Enterprise is also the national contact point for the Enterprise Europe Network through which companies based in Malta can develop links with counterparts in over 60 countries.

More about Galen Growth

Founded by HealthTech innovators, Galen Growth is the specialist in digital health innovation and partnerships, bringing together the world’s best-fit ventures with the leading organisations, to accelerate their customer, patient, healthcare professional focused innovation. Through its unmatched network of 7,500+ digital health ventures, 7,700+ investors and 7000+ corporations, Galen Growth is the world’s leading digital health private market data, analytics and matchmaking platform to industry and investors, unleashing the power of digital health to solve global healthcare system pain points and create significant financial and social value. Their clients get ahead of their competitors by gaining a comprehensive view of the market insights, trends, and data, and freeing up valuable resources to focus on strategy execution.

Could you be the next startup unicorn?

Med-Tech World takes place at the Hilton Malta on 18-19 November, 2021. Startups looking to land dream deals and make meaningful connections with leading investors can apply by registering their interest on the website or by reaching out to Elisa on [email protected]

Terms and conditions apply – find out more by visiting the website.

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Med-Tech World partners with Malta Enterprise & Galen Growth for Startup Pitch