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Published on: October 1, 2007
Foundational Elements of a Successful Innovation Pitch to Venture Capital: The Business of Science for the
1Professor & Senior Fellow, Institute of Health Policy Management & Evaluation, Director, Doctor of Public Health (DrPH) Program, Dalla Lana School of Public Health, University of Toronto, Venture Partner & Special Advisor, Lumira Ventures, Toronto.
Abstract:
This perspective provides the physician-scientist interested in seeking funding for their innovation from venture organizations with practical advice. The catalyst for this brief manuscript is the growing acceptance and importance of commercialization paths recognized by the American Thoracic Society and its Respiratory Innovation Summit, which proceeds each annual meeting. Advice is presented in the form of points to consider prior to pitching one's idea as well as an overview of the foundational elements of such a pitch. This includes its purpose and overarching elements, the importance of team makeup and cohesiveness, and suggested follow ups to optimize one's efforts in preparing and delivering their asset.
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