Medtech startup STIL wins second edition of EIT Health LaunchLab
Delft, November 3, 2017 – Medtech startup STIL, developing a solution for people with essential tremor, was announced the winner of the second EIT Health LaunchLab during Launchday at YES!Delft on Thursday. The Dutch team was one of the ten European startups selected for this unique two-month pressure cooker. The participants travelled all over Europe to discover the business potential of their idea, helped by top notch universities, leading healthcare companies and world-class hospitals.
“Winning is an unbelievable, overwhelming feeling. We’ve been working hard and we’re happy to see that the EIT Health ecosystem believes in our vision”, say STIL-founders Bastiaan van Gaalen and IJsbrand de Lange. “We’re now working towards the EIT Health summit and are preparing for our pilot study next year.”
A record number of hundred teams originally applied for the program, fifty of which pitched in front of the selection committee. “There were so many great teams that we’ve decided to launch a special new edition of the EIT Health Launchlab that will kick-off later this month”, says Program Manager Tjarda Voorneman. “We offer a unique network and the chance to launch your medtech startup in markets all over Europe. Ultimately helping to improve healthcare across Europe.”
Early September, ten promising early-stage medtech teams from Europe started their startup-journey. Discovering the market potential for their ideas and designing the best business models took them on a trip from The Netherlands, Belgium and Germany to Sweden. It allowed them to speak to as many potential clients as possible and meet up with leading industry partners.
Partners such as BioM, Erasmus MC, Imec, RISE, TU Delft, Uppsala University and organisations like Medical Delta, LUMC, Roche and NLC made sure our participants moved fast forward with their exploration. The startup team that however validated their idea in the most efficient way was Hydrustents, working on a degradable stent.
LaunchDay, the grand finale of the EIT Health LaunchLab, however produced the ultimate winner of this edition on Thursday: STIL. Teams got the chance to showcase their ideas and progress in front of an audience of partners, investors and alumni of the program. The day was ended with a special Alumni Night, with former participants from all over the globe joining to share their knowledge and get inspired by the latest in medical technology.
People with Essential Tremor have involuntary vibrations in the arms, making them unable to perform even the simplest tasks in life, such as eating and drinking. Current treatments have severe side-effects, causing patients to reject it and live with the consequences. STIL technology is capable of mechanically suppressing tremor and will provide a stable future for 30 million people worldwide. Watch the STIL pitch on YouTube.
Join us for Launchday of the next edition of EIT Health LaunchLab on December 20, 2017 – Register Here.
About EIT Health LaunchLab
EIT Health LaunchLab is set up by EIT Health, together with incubator YES!Delft. With partners BioM, Erasmus MC, Imec, RISE, TU Delft, Uppsala University and with the support of many others like Medical Delta, LUMC, Roche and NLC. EIT Health is one of the largest healthcare initiatives worldwide and promotes entrepreneurship and innovates in healthy living and active ageing. The aim: improve quality of life and healthcare across Europe. More information on EIT Health LaunchLab, please visit the EIT Health website.
Contact: Tjarda Voorneman, Program Manager YES!Delft +31(0)614162722 firstname.lastname@example.org