Last week Informatics Ventures alongside Johnson & Johnson Innovation, TalentSpark powered by Eden Scott & the University of Glasgow organised the Glasgow heat of Pitch@Palace on Tour. With the theme for the 5th Pitch@Palace event set as Biotech we knew Scotland was going to knock the socks off HRH The Duke of York and his team given the vibrancy of the Scottish life sciences and tech sectors…and we weren’t disappointed. In fact the Chairman of Pitch@Palace summarised the event as the best one yet, and as it was the last event in the series that’s a pretty good place to be!
So despite the morning’s rain the day was hugely well attended by investors, the entrepreneurial ecosystem and biotech field alike providing the 20 anxious awaiting companies with a captive audience for their pitches. Unlike EIE, there is no formal pitch preparation training for this event yet despite this the level of pitching was fantastic. I guess when there’s royalty involved people find the time to practice, practice, practice!
It was wonderful to see a number of new companies alongside some of the current EIE16 cohort and EIE alumni and the day was made even sweeter for Informatics Ventures when the three winners were announced which included, our good friends at Biogelx Ltd and Edinburgh Molecular Imaging Ltd who have both appeared at EIE. In fact they were both part of the extended pitching at EIE so it was safe to say that they were old pros at the pitching and their time as part of EIE had served them well.
So what next for our winners and the rest of the companies? Well, just because only three could be named as regional winners doesn’t mean it was the end of the road for the rest of the companies who pitched that day. Instead they will now be considered alongside the rest of the UK applications for one of 33 places still available for boot camp. And after that? All roads lead to St James’s Palace where on the 7th March we hope Scotland’s life science sector will once again knock the socks off the royal audience.
Take a look at what happened in Glasgow last week: