Applications Open for Austin Fast Start: Bio/Med Tech

Applications are now open for the next Austin Fast Start strategic priority: Bio/Med Tech. We encourage any Austin based startup or person(s) with an idea to apply! Winner will receive a $2,000 cash prize plus $5,000 in prizes. Applications are free and open to the public.

Bio/Med Tech encompasses a wide range of products and approaches that are used to maintain or improve health, treat diseases or medical conditions affecting humans.

For nearly a decade, the Austin Young Chamber has worked to create connections and foster the spirit of innovation within Austin. Last fall, we announced the Austin Fast Start pitch competition, a partnership with the City of Austin’s Economic Development Department and DivInc with support from 3 Day Startup. Every quarter, we will hear from a new industry and award an unrestricted cash prize and other opportunities to identify and support future business leaders in our community.

Applications for Bio/Med Tech will close on May 21.

Winners will receive an on the spot cash prize of $2,000 plus $5,000+ in additional in-kind prizes including:

– One Year Elite Membership to the Austin Young Chamber
– Three months free rent at Capital Factory
– Global Conference Roundup Ticket from 3 Day Startup
– LLC Formation from The Haney Law Firm
– Business Coaching Session from the Economic Growth Business Incubator

All applications will be scored by judges from across the community with diverse backgrounds and skills, as well as an industry expert. The top four scored applications will be selected as Finalists and invited to participate on pitch day, June 14.

The four Finalists will pitch their business to the audience at the Austin Fast Start event on June 14 from 5:30-7:00pm at The University of Texas at Austin Dell Medical School.

Each Finalist will have five minutes to pitch the audience on the value of their product or service by either presenting a slide show presentation with no more than five slides or giving a live demonstration of the product. Five to eight minutes of questions and answers from the judges and audience will follow.

The winner of the Austin Fast Start will be chosen on pitch day by audience vote.