Pitch Coaching EIT Health KIC

Inveniam Innovation is part of InnoLife, the winning pan-European consortium of the European Institute of Innovation & Technology (EIT)’s 2014 Call for Knowledge and Innovation Communities (KICs)

Pitch Coaching EIT Health KIC

InnoLife – winner of EIT Health (healthy living and active ageing) – is a consortium of more than 50 core partners (and in addition 90 associate organisations) of leading businesses, research centres and universities from 9 EU countries, including Abbott Laboratories from Spain, the French National Institute of Health and Medical Research (Inserm) and the University of Oxford from the UK. Dr. Ursula Redeker from Roche Diagnostics GmbH, the key coordinating partner, said “We are thrilled to win the EIT’s call. Our partnership’s goal is to promote entrepreneurship and develop innovations in healthy living and active ageing, providing Europe with new opportunities and resources. We will achieve this by delivering products, services and concepts that will improve quality of life and contribute to the sustainability of healthcare across Europe. Our partners represent top excellence and our outreach activities will spread all over Europe. By 2018, we are aiming to create, among others, 70 start-ups per year and have 1 000 000 students participating in our educational online programmes per year.”

EIT Press release

Spanish press release: Ndp-Innolife-UB-Biocat _es

 Pitch Coaching EIT Health KIC

We are here today with Beth Susanne.  Beth, you’ve been bouncing all over Europe.  What have you been up to?

I have been coaching a team to win the EIT Health KIC.

What is EIT Health KIC?

EIT stands for the European Institute of Technology focused on extending the life of Europeans by two years and increasing the health and well-being of Europeans.  KIC is the Knowledge and Innovation Community.

The EIT achieves its mission by fully integrating all three sides of the ‘knowledge triangle’, i.e. higher education, research and business, in Knowledge and Innovation Communities (KICs). By bringing together leading players from all these dimensions to cooperate within the KICs, the EIT is able to promote innovation in Europe.

Who was involved in this competition?

There were three different groups competing. The team that I coached was a consortium of about fifty of the top industry groups, 142 research institutes and top Universities including Oxford and Cambridge.

What were the competing for?

They were competing to win 500 million Euros to impact the lives of Europeans and reduce the overall cost of healthcare.

What were some of the challenges with coaching the team?

It was enormous group with an executive team of 25 people and we narrowed it down to to five people to pitch.  They been working together for six years and had a 42 page proposal leveraging the research and technologies into health benefits.  There has been already been 35 billion invested in research and development of those ideas and their hospitals impact 17 million Europeans providing a built in distribution channel for new innovations.

What were you able to offer the teams?

I was able to help them understand what was important to say and what to cut out, as there was so much information.

How did your team do?

We won.

How many countries were involved?

At least 15 countries.  The focus was to even the disparity between Eastern and Western Europe and Southern and Northern Europe. They have six countries are the basis of their co-location centers that will be the basis efforts and another six countries called InnoStars from Eastern Europe that connect with other parts of Europe to facilitate innovation.

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