Even spin-outs with promising inventions can have a long road to external funding, making the art of pitching to an expert and investor panels a critical skill for their success.
On Friday, the 25th of August, Spin-out Denmark hosted the event ‘Learn to Pitch Your Business’ at Aarhus University, where six of Spin-out Denmark’s translational postdocs had the chance to pitch to a panel:
Mette Hoberg Tønnesen, CEO, The Link og Startup Aarhus
Thomas Riisgaard Hansen, Managing Director, DIREC
Martin Schorling Overgård, Head of AURA Ventures
JC Velten, Entrepreneur & Innovation Lab agent in Silicon Valley.
Friday was the final day of a five-day long program, assisting translational postdocs in perfecting their pitch. The intense week ended with a presentation in front of a panel.
‘In the fast-paced world of entrepreneurship, the ability to effectively pitch an innovative idea to potential investors can make the difference between a promising spin-out’s success and its obscurity. Recognizing this need, we have created this event to support the spin-outs to help them learn how to master the art of pitching to potential investors, costumers, or partners,’ explains Rikke Lynge Storgaard, Program Director of Spin-outs Denmark.
She was very impressed with the performances of the entrepreneurs.
‘The entrepreneurs confidently took the stage and delivered compelling pitches to the panel, showcasing the potential of bringing results from research to the market for the benefit of society,’ says Rikke Lynge Storgaard.