News Portable cooling system for medicines Meds2Go wins YES!Delft LaunchLab
From cameras for surgeons to fast-growing plants and a sustainable shower. Ten promising early stage startups joined the YES!Delft LaunchLab pressure cooker program three months ago. On Thursday, excited participants revealed their progress and ideas to almost 150 visitors during LaunchDay. And the winner is: Meds2Go. This all-female-founder startup develops a portable container that keeps medication safe and cool for up to seven days without the need to charge.
After a heated round of pitches at YES!Delft on Thursday (see all teams in the attachment) both the Launchlab jury and audience chose their winners. Kitepower was the audience favourite, developing kites that harness the sustainable power of the wind. “A renewable, cost-effective source of energy that is an alternative to wind turbines”, the team says.
Lots of exploring resulted in serious progress for all the teams though. From contacts with angel investors to pilot projects and finding the right coach. “The team of Crescent managed to speak to over one thousand possible customers, partners and other relevant sources, Arthur Tolsma, Program Manager LaunchLab says. “LaunchLab turned out to be a great way to explore the business opportunities, leading to a focus on the medical market.”
During LaunchLab, the teams tested the riskiest assumptions about their business models, validated solutions to problems and searched for the right product-market-fit. “LaunchLab is a tailored program developed by YES!Delft for (aspiring) entrepreneurs to explore business opportunities”, says Pieter Guldemond, Managing director of YES!Delft. “In just three months’ time, participants not only know whether their business model looks good on paper, but also if it responds to the needs of the market.”
The teams receive input and feedback from fellow participants, experienced trainers and personal mentors. Resulting in a validated technology and business model that responds to the actual needs of the customer and market.
The next edition of LaunchLab starts on February 9, apply here!