MIT4LS SUB2022

 

 

Meet in Italy for Life Sciences – MIT4LS – has always been home for startups, with more than 660 participating over seven editions. Since 2016, specific initiatives to train and support startups and business idea have become a key component of MIT4LS, with more than 330 applications collected, 110 startups attending the training sessions, more than 140 investors and corporate representatives involved.

Within the 2022 MIT4LS activity, Meet in Italy for Life Sciences StartUp Breeding 2022 – MIT4LS SUB2022 is the initiative supported by several investment funds and life sciences organisations and designed for life sciences business proposals and startups, providing them with expertise, tools and connections to boost and fully exploit their business potential.

The selected business proposals and startups will benefit a tailored entrepreneurial journey, diving into coaching sessions with life sciences experts and mentors, who will help them in refining their business approach and the communication of their innovation value, accompanied by seminars on specific topics.

The journey will end with a pitch to potential corporate partners and international investors on the 19th of October 2022. Moreover, at the end of the event, an expert jury will assign the title of  MIT4LS2022 most innovative proposal award – Atlantis Pitching Arena Award 2022 and the other Special Awards, offered by the network of partners of SUB2022

MIT4LS SUB2022 stages

IconeBootcamp 01 April, 20th – May, 27th

Call for applications: from the 20th of April up to the 27th of May, life sciences business proposals and startups (see below for criteria) can apply for MIT4LS SUB2022 selection.

IconeBootcamp 03 By the end of June

Applications ranking communication: end of selection by the Selection Committee, communication and virtual meetings with the relevant proposal to set the training sessions agenda.

IconeBootcamp 04 July, 11th – October, 7th

Business scuba diving training sessions: Expert startup coaches will help the selected proposals giving tailored advice to strengthen and fine-tune their business proposal. On-line sessions will be carried out with the coaches, analysing weaker aspects in the proposal and focusing on the pitch presentation in the last meeting, to prepare the finalists for the final stage at the event. Thematic webinar will be carried out on specific topics.

IconeBootcamp 05 October, 19th

Atlantis pitching arena: the finalists will present their business proposal in pitching sessions in front of international investors and corporate representatives. An expert jury will assign the title of the most innovative proposal of MIT4LS2022 and the other Special Awards, offered by the network of partners of SUB2022.

Admission and selection criteria

The bootcamp is dedicated to life sciences innovative business ideas  and startups working in the following areas:

  • Medical devices
  • Digital health
  • Pharmaceutical
  • Related value chain activities

No geographical restriction applies. Proposed solutions TRL have to be within 3 and 5 (see here for TRL in life science sector).

Applications selection will be done by the Selection Committee based on:

  • Team experience and skills
  • Proposed solution and context description (clarity and scientific/technical soundness)
  • Market potential
  • Marketing strategy and competitors mapping
  • Revenue stream and financials credibility
  • Quality of the attached pitch

Applications must be submitted in English, with all the mandatory section filled in.

The selection for the admission of proposals to the coaching program and the pitches during MIT4LS2022, and the awarding of honors at the end of the event will be made respectively by the Selection Committee and the jury of experts of MIT4LS SUB2022. Their judgement is final and not appealable.

How to apply

Applicants have to download the following zip file containing the application form, the personal data privacy notice and related authorization

Download application docs

fill out all the application form sections, and send it by e-mail to submit4ls@meetinitalylifesciences.eu, together with a 2010 PowerPoint compatible or pdf pitch presentation, and the pdf of the signed authorization to process personal data.

Deadline for submitting applications: 27th of May, 17:00.

Applications longer than 4 pages will not be taken into consideration, as well as those received over the deadline. The suggested number of pitch presentation slides is 10-12. Total files size (application form + pitch presentation + personal data processing authorization) cannot exceed 10 Mb.

Applicants must not submit confidential material.

Only MIT4LS2022 evaluators, coaches and organizers have access to the applications. They are not responsible for the possible protection of intellectual property or other rights of participants. The organisation of the initiative is not responsible for any failure, delay or problems with the receipt of applications. The organization reserves the right to change dates or rules of the competition at any time. The organization will make every effort to communicate any changes in good time on the initiative website and by e-mail to applicants or selected finalists.

For further information: f.mazzini@scienzedellavita.it

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