An overview of the 2018 MTGT Challenge, including processes, key dates etc.

1. MedTech’s
Got Talent
Actuator
the
2018
PROGRAM
OVERVIEW
POWERED
BY:

2. Startup Pitch Competition
+ Accelerated Technology Roadmap
+ Investor pitch
Medical Technology
Anyone in Australia who is interested in being
involved in MedTech commercialisation
WHAT
FOCUS
WHO

3. 1. PRIMING
Interactive Online Learning
• Introduction to Pre-Seed Medical Device
Entrepreneurship
• MTGT Program Overview
• How to Write a Winning Startup Executive Summary

4. 2. APPLICATION DEVELOPMENT
Submit as many ideas and participate
in as many teams as you want
• But you can only pitch for one idea!
Join a team / find team members
• We will have several networking events, but
feel free to reach out to

5. www.medtechchallenge.com3. APPLY
Early Bird Deadline
• Rigorous Executive Summary pre-submission
review with opportunity to resubmit
• Early Bird Deadline 7 Sep
Applications Close
• 27 September

6. APPLICATION REQUIREMENTS
Interactive Online Learning
• Fully participate in the online modules to increase
your chances of making it to the RFR
• The Executive Summary module and pre-submission
review are excellent ways to improve your business
case

7. 4. FIRST-PASS REVIEW
Top 40
invited to
RAPID FIRE ROUND
All eligible applications reviewed by
an industry panel

8. SCORING RUBRICS
FIRST-PASS REVIEW
INNOVATION:
SOFT SKILLS:
SUSTAINABILITY:
PATHWAY:
MARKET:
Concept quality, originality, creativity, feasibility
Market assessment, need, customers, competitors
Goals, IP strategy, regulatory strategy, fundraising strategy
Business model, scalability, exit strategy
“Wow” factor, call to action, team, enthusiasm,
communication
Applications will be scored against five core criteria

9. 5. PRE-RFR TRAINING
A combo of online and live workshops to help
you smash the RFR!
Interactive Online Learning
• How to prepare for the Rapid Fire Round
• How to Smash a 60-Second Pitch
Live Workshops
• IP Essentials & the Basics of Business Law

10. 6. RAPID FIRE ROUND
1 & 8 NOV (MEL + SYD)
1 minute on stage to
pitch your concept
Technical soundness,
opportunity and team
Product Developers pick
2 teams each to mentor
to the Gala Finals
PITCH JUDGE ADVANCE

11. SCORING RUBRICS
RFR
INNOVATION:
SOFT SKILLS:
SUSTAINABILITY:
PATHWAY:
MARKET:
Concept quality, originality, creativity, feasibility
Market assessment, need, customers, competitors
Goals, IP strategy, regulatory strategy, fundraising strategy
Business model, scalability, exit strategy
“Wow” factor, call to action, team, enthusiasm,
communication
Product Development Mentors will evaluate teams based on the following

12. 7. MEDTECH BOOTCAMP
Intensive training and mentoring for semi-finalist
teams
Interactive Online Workshops (12 NOV)
• Business Models
• Customer Development
• Use of Funds
Live Workshops (14 NOV)
• Pitch2Win
12 + 14 NOV

13. 8. THE GALA DINNER FINALS
A black tie event where the top teams pitch
on stage for $10,000 and a place in the 6
week Accelerated Technology Roadmap
10
3
5
29 NOV
$10,000
+ Prizes
judges
minutes
finalists
(5x)

14. SCORING RUBRICS
GALA FINALS
GO-TO-MARKET
STRATEGY:
THE ASK:
SOLUTION:
BUS MODEL:
OPPORTUNITY:
Is the go-to-market strategy credible?
Is there a strong business case for pursuing this opportunity?
Is the proposed business model plausible?
Is the solution innovative and feasible?
Did the team express a clear, credible ‘ask’?
TEAM: Is this the right team to do this?
The following criteria are scored out of 4 each, followed by a judges deliberation
0 = no 4 = yes

15. 6 weeks of intense mentorship to get
the story right…
Develop an impressively packaged
fledgling business ready to…
Pitch your concept and
commercialisation strategy to an
investor panel
9. THE ACCELERATED
TECHNOLOGY ROADMAP
DEC-FEB

16. The Actuator Investor Panel will
evaluate each of the top 5 teams based
on their pitch, opportunity
attractiveness and progress against
milestones.
Collectively, they will decide one team
to provide an additional $30,000 non-
dilutive funding, entry into The Actuator
Accelerator and up to $200,000 seed
equity investment.
1x Grand Prize Winner
$30,000(non-dilutive) +
Entry into The Actuator Accelerator +
up to $200,000
seed equity investment
10. INVESTOR DEAL PITCH
MAR 2019

17. SCORING RUBRICS
INVESTOR DEAL PITCH
GO-TO-MARKET
STRATEGY:
THE ASK:
SOLUTION:
BUS MODEL:
OPPORTUNITY:
Is the go-to-market strategy credible?
Is there a strong business case for pursuing this opportunity?
Is the proposed business model plausible?
Is the solution innovative and feasible?
Did the team express a clear, credible ‘ask’?
TEAM: Is this the right team to do this?
INVESTABILITY: Would you invest in this team?
The following criteria are scored out of 4 each, followed by a judges deliberation
0 = no 4 = yes

18. KEY DATES
7 September: Early Bird Application Deadline
27 September: APPLICATION DEADLINE
1+8 November: Rapid Fire Round
12+14 Nov: MedTech Boot Camp
29 November: Gala Dinner Finals
10-14 December: ATR National Sprint
Dec-Feb: Modules + Mentoring
1 March: Investor Deal Pitch

19. OUR TRACK RECORD
Commercial ventures
still active as a result of
the program
Raised by our alumni International Awards
Startups were led by
female entrepreneurs
Products launched Participants are first-
time entrepreneurs
40 12$45M+
~50% 10 95

20. Dr. Joelle Hawa
MTGT Program Manager
joelle@medtechactuator.com
REACH OUT
www.medtechchallenge.com