Tonic App was very young at the time of their application to Techcare (they had launched in March 2017). Still, once selected, they decided to bring the whole team to the Bootcamp: the perfect opportunity for all of them to better understand and to know how to work with the pharmaceutical industry.
Trying to narrow down an experience like this, we talked to the founder Daniela Seixas, to get some conclusions and outputs of Tonic App regarding the program:
Human approach is the core
In the end (well, in the beginning too), it’s all about human connection. The intense environment created in a moment like the bootcamp, is set to foster communication. Whether you’re a startup or a program partner, you will be speaking to one another, as you are all there with the same purpose.
Your access is 360º
Following the previous point, we can say that the fast access a startup can have to a company like this is indeed the biggest plus. Tonic App claims for this to be the greatest advantage of taking such an opportunity – in a short period of time they could reach to Novartis stakeholders, in a 360º vision, way faster than in other approaches.
People are the best, but they’re also the biggest challenge
Reaching to the partners is what you want and need, but it can also be your biggest struggle. As a small structure they were, Tonic App team found itself managing more than its internal resources, “the other side”. This means adapting your team to redouble their efforts into dealing and managing processes and expectations of other teams (in this case, Novatis’ one) in an organizational struggle that is also a major learning. Then, a natural conclusion rises:
Corporates and Startups have different timings
And this is a learning for both intervenients. Timings for approvals, results, decisions, are intrinsically different and both parts need to adapt, as to manage expectations. Typically, Startups are going fast, eager to respond and to receive feedback. Corporates on the other hand, follow more structured processes that will contrast to the startup way of living. Expectations need to be managed, for both, but learning from it will only bring benefits.
Culture is very important
And Novartis gets five stars from Tonic App on this. The startup has defined Novartis’ culture as extremely open, proactive and innovative. It represents some risk, of course, as being open to change always is. But it is definitely a plus to work with a company that opens its doors on innovation, and Techcare has proven it.
Life has changed
And keeps changing. Tonic App is nowadays a medical device thanks to Novartis, as it is also a requisite for them to continue working together. The team has grown, and Daniela says that, personally, it has been a very good experience, as more opportunities have risen. They have several ongoing projects with Novartis and new opportunities for internationalization are appearing.
They would do it again
Yes, Daniela says they would definitely do it again. It is indeed rewarding for a program like Techcare to get this kind of feedback from an Alumni. But it is even more important that Techcare have been able to deliver results and pilots between participant startups and Novartis, continuing to foster commercial relationships between them.
We invite you to meet Corship, a consortium co-funded by European Union, that counts with 7 selected partners representing universities, corporates, startups and innovation networks – Beta-i amongst them.
Here is all you need to know about it.
Corship’s mission is to establish and improve the collaboration across Europe, between startups, corporates and universities, with education.
This joint language and collaboration is done by connecting these entities through 3 core results:
A Massive Open Online Course (MOOC)
Currently preparing the field to a 2020 MOOC entirely dedicated to the collaboration process between these three entities, this will be the first MOOC on Corporate Entrepreneurship connecting and upskilling 1.500+ entrepreneurs, managers and students.
This course will be open for registration from December 2019 and will last up to six weeks. It will be the first core result of the project and open and free for everyone. Completely online, through the platform mooc.house.
After reading, watching videos, answering questions (multiple choice) and quizzes, besides taking part in discussions and work individually and in a group, participants will also have the chance to apply for the MicroCredential.
Corship presents the first MicroCredential (a modular, flexible format stemming from MOOCs) pilot world-wide on corporate entrepreneurship. This is a modular, flexible mini degree on very specific topics. After the MOOC, this is will be a dedicated high-level training offered to 10 entrepreneurs, 10 managers and 10 students.
It will last eight weeks and will include two face-to-face workshops and three online moments. Applications for the MicroCredential are done via the MOOC and open in April 2020.
A unique Corporate Entrepreneurship Toolbox with guidelines and tools to facilitate the collaboration between the 3 target groups. These guidelines will be complemented with a practical selection of popular, but also less-known, self-developed, hands-on entrepreneurial tools.
The first prototype is to be ready in January 2020!
About to complete its third edition, the program will kick off the Module 3 on September 16, in Lisbon – welcome to all the participants!
Free Electrons is the first global energy startup accelerator program created to connect the world’s most promising energy startups with leading utility companies.
Free Electrons is a unique opportunity to bring global perspectives to local challenges via real, meaningful, face to face interactions.
The Module 3 will be the peak of the interactions that have been developing since the 19 edition has started.
During their days in Lisbon, the 15 startups and 10 utilities will meet to align and define the next steps of their possible commercial agreements, once the program is concluded. They will also deep dive into the work that has been performed over the program between participant startups and the partner utilities, the pilots.
By the end of Module 3, the startup winner is to be announced and awarded with the Free Electrons 19 World’s Best Energy Startup worth 200,000$.
The Shin Akimoto Award, initiated in 2017 in memory of Mr. Shin Akimoto, will also be handled to the candidate that best impersonates the values of this award:
is a Free Electrons Ambassador (has got the Free Electrons Spirit and pushes the program to succeed);
is proactive and innovative (presents an anticipatory, change-oriented and self-initiated behaviour and embraces change and whether there is continuous improvement and innovation throughout the business);
is people driven (always ready to help and collaborate with others, lifts everyone’s spirit up and brings good energy to the group).
As a truly global program, focused on deal facilitation and pilot driven, the program has been addressing and solving real problems, namely generating business, investment and disruption within the energy sector.
In fact 2019 edition has originated a pipeline of 58 pilot projects so far, among the 15 startup finalists and the 10 partner utilities – all utilities have found several innovative solutions that can be adopted and integrated into their businesses.
Setting the grand finale in places like Maat and Academia das Ciências, the Free Electrons welcomes all the participants to Lisbon, and couldn’t be prouder of what the program has been accomplishing.
But as Protechting is now taking applications for this years’ edition, it is also pertinent to let applicants know about one of the perks of Protechting – Piloting track: the roadshow to China.
Pack some clothes (and a pitch or two), you are going to Shanghai
If you are part of the top three startups to participate, this is where Protechting is taking you. We are talking about a global financial hub, 8th place ranked in the Top 30 Global Startup Ecosystems, as stated in the Global Startup Ecosystem Report launched this year. Food for thought, Shanghai is also part of the only three ecosystems that made it to the top 10 in both female entrepreneurship and global performance.
The experience is made to open some doors for the brave entrepreneurs by meeting Fosun and their associated companies as well as expanding the knowledge about the country’s market and culture. In fact, you might even take the chance to explore other opportunities all by yourself as you are already there.
Protechting’s applications phase are currently open. This year, the program’s evaluators are adding a new criteria to the selection of the top candidates: solutions with a sustainable and socially impact will certainly catch their attention.
You can even have add up a pinch of Sustaintech and there you go: the fourth edition of Protechting is on the making.
After three previous successful editions, Protechting is back to promote the collaboration between startups and established corporations. It has now two different tracks to boost startups growth, according to their maturity: a Piloting track and a new Pre-Acceleration track, with a spotlight at sustainable and socially impacting solutions.
Healthtech, Insurtech and Fintech startups – If you are eager to pilot your solution or to speed up your growth, here are the Partners who are making it happen:
As the largest insurance group in Portugal, with over 200 years of existence and an international presence, Fidelidade consists of a group of companies in the insurance and health sectors, including also a combination of services, that as a whole, protect the future of families, companies and Country. If Protection is your thing, this is the partner for you.
Fidelidade is here from the very first edition of Protechting (Jesus, it has been a few years now) noticing how startups have been bringing innovation and a new look into these areas. Shout out to the brave winners of the first edition of the program: EctoSense LifeSymb and CleenBeen.
Hospital da Luz Learning Health
Inside Luz Saúde Group, Hospital da Luz Learning Health is dedicated to the advanced training of professionals, translational research and innovation, in healthcare provision and management.
As the improvement of knowledge, technologies and advanced practices in healthcare are what makes their DNA, you can already see that innovation is part of the job and therefore the right partner to collaborate – “Healthteching” speaking.
Hauck & Aufhäuser
Hauck & Aufhäuser presents itself as the Fintech partner for Protechting. Adding not only knowledge and expertise into the area, it adds also to the international focus of the program, since it is a private german bank, with a 220-year history.
This is actually the most recent partner of the program, joining for the previous edition in 2018 – in fact here is their own testimony entering Proteching.
Fosun was founded in 1992 and is a family-focused multinational company listed on the main board of the Hong Kong Stock Exchange (00656.HK) since 2007. With its roots in China, and through technology and innovation, Fosun’s mission is to create customer-to-maker (C2M) ecosystems in health, happiness and wealth. The group embraces all the other partners of the program.
Actually, the presence of Fosun in Protechting is what can be taking you to China: The three best solutions of the piloting track will get the chance to participate in a roadshow in China with access to some of the largest global investors.