Redefining MedTECH

The MedLim startup program accelerates start-ups that want to bring a new medical device and/or technology to the global market. The MedLim program has been initiated by Medtronic and LIOF, together with the expertise centers Brightlands Maastricht University, Medace, and imec.istart. MedLim provides unique and profound experience and knowledge to help startups.

Matchmaking & Fast Track Acceleration Program

The MedLim Matchmaking & Fast Track Acceleration Program (3-week sprint) is a free of charge online program. We are looking for promising startups that develop breakthrough, innovative MedTech products and services in the Cardiovascular, Neurological, Spine & Medical Surgical domains.

A collaboration with MedLim and the expertise partners is unique as they will provide support with world class experts in the field of business, medical device development, regulatory, IP and financing. A limited selection of startups/scaleups will have a unique opportunity to work closely with these experts in the Limburg region (NL) and to benefit from quick access and the know-how of the MedLim partners (Medtronic & LIOF, and expert centers of Brightlands Maastricht Health Campus & Medace) supported by the imec.istart team.

We proudly present the nine candidates of the MedLim program

Below you will find our nine candidates for the MedLim edition 2022.  On 25th of April the program will start.

Good luck to all!
And note in your calender June 10th for the final Pitch Event.

Phonolyser

“Hearts full of Hope”

To be the easiest, most affordable, and universally accessible tool to screen children across the globe for congenital heart disease, in the early years at low cost to reduce the mortality and morbidity associated with this condition.

Country: Finland

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Suturion

“Suturion is determined to challenge the current practice in abdominal wall closure by establishing a new golden standard for the most efficient and effective fascia closure, to save time, cost and unnecessary patient complications.”

Suturion is a Swedish based medical device company with the purpose of improving the standard of care in abdominal wall closure after open surgery.

Country: Sweden

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Resitu Medical

“Beyond Conventional Surgery”

We design for a minimally invasive revolution.

Country: Finland

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SARA


“Surgical Augmented Reality Assistance – The next generation of surgical navigation.” Provide an intuitive, ergonomic, and completely mobile solution for surgical navigation.

Country: Belgium

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Neuritec

“We at NeuriTec are building the modern pacemaker of the brain, a platform technology for brain disorders, leveraging ML-driven neural decoding and stimulation as a next gen brain-computer-interface.”

We are building a modern brain-computer-interface specifically designed for brain healing with a focus on stroke treatment and rehabilitation.

Country: Germany

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Time is brain

Time is Brain: we transform stroke management and prognosis. “Our medical device, BraiN20®, will offer ground-breaking technology to continuously monitor brain viability during stroke patient journey, improving diagnosis accuracy and patients’ outcome.”

To improve prognosis and reduce disability in patients suffering from Acute Ischemic Stroke.

Country: Spain

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Oncoelectronics 

“Inventing a future without cancer using flexible bioelectronics.”

Flexible implantable therapeutics for cancer.

Country: France

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Fited

“Our mission is to deliver globally accessible patient-specific medical devices, starting with scoliosis braces for 1 Million children across the globe.”

Automated design of patient-specific medical devices with embedded sensors for smart monitoring of treatment progress. Starting with Scoliosis Braces.

Country: the Netherlands

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InnoSpina


“At InnoSpina, we design and develop novel implants and unique surgical guiding instruments enabling surgeons to treat chronic back pain in less than 30 minutes.”

We have preclinically validated our first implant and surgical delivery instruments, secured 1.3MCHF in non-dilutive funding, signed 2 production partnerships, got 6 LOIs and are preparing our 510(k) for a US market launch by Q1-2024.

Country: Switserland

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The expertise partners

The founding partners Medtronic and LIOF, together with the expertise centers Brightlands Maastricht Health Campus, Medace, and imec.istart offer unique and in-depth experience and knowledge to help startups:

Medtronic

Making healthcare better is our priority, and we believe medical technology can play an even greater role in improving people’s lives. Innovation and collaboration are central to who we are. Today, we are a medical technology leader offering therapies and solutions that enable greater efficiency, access, and value — for healthcare systems, providers, and the people they serve.

 learn more

LIOF

LIOF has a lot of experience in investing in medical startups and strengthening the economic structure of the Limburg region in the Netherlands.

 learn more

Imec

imec.istart – the # 1 tech startup accelerator in Europe – will support you during the acceleration program with coaching and personalized workshops.

 learn more

Brightlands Maastricht Health Campus

Brightlands Maastricht Health Campus actively facilitates the development of innovations related to health and life science.

 learn more

Medace

Medace has extensive expertise in supporting academic groups and companies with innovative medical concepts in need of technical, quality and clinical expertise.

 learn more

The program

CALL OPEN
January 24, 2022

CALL CLOSED
March 11, 2022 – 12 PM

PRE-SELECTION
March 16, 2022

BOARDROOM PITCHES (ONLINE) & FINAL SELECTION
March 29 & 30, 2022

DEEP-DIVE SESSION (ONLINE), PROGRAM DEFINITION PER SELECTED STARTUP
April 18 – 22, 2022

START PROGRAM (ONLINE JOINT PREPARATORY WORKSHOPS +/- 2 & 1 ON 1 INTERACTION)
April 25 – May 6, 2022

FAST TRACK ACCELERATION PROGRAM – ONLINE (INTRODUCTION MEETINGS, INTENSIVE INTERACTION WITH MEDLIM PARTNERS, EXPERT WORKSHOP SESSIONS, 1 ON 1 COACHING, MENTORSHIP…)
PART I: May 16 – 27, 2022
PART II: June 6 – 10, 2022

PITCH EVENT WITH INVESTORS
June 10, 2022

What’s in it for you?

Once selected, you will have the unique opportunity to benefit from the expert know-how, network, collaboration & funding opportunities of the MedLim Partners:

• Medtronic – as global leader in medical technology, services and solutions – will share its extensive expertise with an emphasis on achieving a good quality system and correct documentation to prepare the ventures for human feasibility and potential commercial collaboration options / financing.

• In terms of clinical validation support, the ecosystem also has a lot to offer in the form of in-depth knowledge available at the Brightlands Maastricht Health Campus and facilities such as the Medace cleanrooms.

• LIOF offers access to a large network in the Limburg region and financing options.

• The Limburg Region offers you this intensive online 3-week fast track acceleration program free of charge.

• Interaction with other startups.

• Pitch event for investors and follow-up roadshow with relevant investors.

• At the end of the program there is an opportunity to have a close collaboration with Medtronic experts with a visit to Medtronic.


Who can apply?

Startups active in one of the following fields: Cardiovascular, Medical Surgery, Neurological & Spine.

Startups that are interested in connecting with the world leading MedTech player Medtronic, while receiving expert advice during interactive workshops and one-on-one mentoring by specialists from LIOF, imec.istart and Medtronic.

Your startup should be in the ‘acceleration’ phase with an in-depth study already done. Your next step is the ‘design phase’ and you want to work towards a human feasibility study and clinical validation.

The application for the MedLim program has ended. 


CONTACT
Maarten Van Gorp
+32 499 77 77 88
maarten.vangorp@imec.be

Testimonials

Still wondering whether the MedLim program is something for you? Don’t just believe us, but believe the startups that participated in the MedLim program of 2021 by listening to some of their testimonials:

Neurosoft Bioelectronics

Epihunter

Aortyx

Two selected candidates of 2021 visited Limburg

On June 4th we concluded the MedLim Pitch Event with two awards: a jury award and a public award. The jury award was for Paragate Medical. The audience chose Oivi. Both winners got the opportunity to come to Limburg in the autumn for an in depth program and introduction to relevant partners in this Medtech region. In october we welcomed both winners.

Oivi

Oivi’s Oivi’s visit to Maastricht started om Monday with a visit to the Eye clinic, several experts within the academical hospital Maastricht UMC+ and the exploration of the Maastricht study. Tuesday was totally focussed on reimbursement. From an expert we got insights in the Dutch health care system, and talked about EU market introduction strategy. Tip: get in contact with patient- and doctor organizations in an early stage and get their feedback on your development. Wednesday we visited a health care insurer, Medtronic Bakken Research Center and Medace. And finally on Thursday we met with manufacturing company about production possibilities and visited the Euregional expo Limburg Leads. It was a week in which all pieces fell into place for Limburg as top ecosystem and foot hold location for soft landing!

Paragate Medical

Paragate’s visit started with a day filled with meetings with experts of Medtronic Bakken Research Center where very useful discussions took place. Tuesday was focused on healthcare packaging with visits in Venray, and distributor meeting for the cardiac market. Wednesday we started our day with outsource assembly company in Aachen. Later we visited Medace Maastricht where we got a tour of their flex use cleanroom facilities and spoke to medical products engineering company in Maastricht. We also ended the day in Aachen, with a visit to AmiCare – the MUMC+/Klinikum cardiorenal research cooperation for discussing clinical project. And finally on Thursday we had several meetings with Investment managers of LIOF, Thuja Capital and Brightlands Venture Partners. A lot of knowledge and contacts were shared this week!

Get in touch

For more information you can contact
Maarten Van Gorp at Imec: T +32 499 77 77 88

ann.VanMele@imec.be

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