16 April 2020
NEF Showcase Presentation and Pitch Pit
New Enterprise Forum invites anyone interested in entrepreneurship to join us at our monthly Forum to connect with entrepreneurs, investors, service providers and businesses.
We showcase an outstanding team of entrepreneurs who are looking to raise capital for their venture. They have gone through an extensive coaching from our experienced coaches and these founders are eager to present their venture to the entrepreneurial community at this event.
This event gives the start-up the opportunity to practice presenting to investors and others interested in the Detroit Area entrepreneurial community. Each presentation will reflect NEF training on what is important to communicate and what not to do. They would greatly appreciate your feedback, insights and encouragement. You will also learn a few tips and techniques in sharpening your own pitch for your venture.
Join us at this meeting to ask questions, keep pace with local entrepreneurs, and connect with people who support the local start-up community.
Past Presenter Update
This month Pathware will present their story and give us an update since they initially presented in March 2018 as NEF Showcase Presenter.
Pathware is automating the cancer biopsy assessment process. 1 out of every 5 biopsies taken fail to collect adequate tissue samples to come to a diagnosis. We are a medical technology company building the Bioptic™ system to increase the accuracy of cancer sample collection and reduce the time and labor required to reach a diagnosis. Pathware has developed the Bioptic platform to verify sample quality at the point of care to make sure that patients will only have to undergo a biopsy procedure once. Bioptic™ uses a proprietary cartridge, camera, and image processing software package to verify that a sample has enough tissue to make a diagnosis - work traditionally done by a pathologist and a microscope.
Michael Moore founded Pathware (Formerly MedKairos) to address challenges that he saw throughout his medical education at the University of Michigan. Prior to entering the time constraints of residency, he decided to take a leave from his medical training to develop this venture full time and, ultimately, have a global impact on patient care.
NEF Pitch Pit
Four entrepreneurs will each give a four-minute pitch of their business idea to a panel of investor judges in a “Shark Tank” format. Prototypes and visual aids are encouraged but no Power Point presentations. After each pitch, the judges will give detailed feedback and score the business. At the end of the evening, the person with the highest score will receive a $100 cash prize plus all additional prize money provided by the audience.
The entrepreneurs, selected from a large pool of applicants are:
- Sumeet Chhawri, nuBoxZ. Anyone that uses Craigslist, Facebook Marketplace, Letgo or OfferUp like second hand marketplaces have to meet face to face when buying or selling. nuBoxZ provides smart lockers to people to drop-off or pick-up items making the transactions safe and convenient.
- Kai Cui, Unbuyist. Enable fashion retailers sell more and spend less by optimizing merchandise supply through understanding of their target consumers and market with modern technology like AI and ML.
- Michael Wiley, Global Inventions solutions and services. A patented unique wildfire control and containment device that will allow us to prevent wildfires from spreading. We can save homes lives property and most importantly we can save the lives of the firefighters.
- Kaitlin Zurdosky, Destination Bachelorette. We provide bachelor/ette parties with the tools they need to book destination trips. The bachelor/ette party industry is a $16 billion dollar industry that involves hundreds of thousands of brides and guests booking vendors and traveling.
A panel of three esteemed judges will provide feedback and score the teams.
Mark your calendar. The meeting opens at 5:00 pm with networking and appetizers. Around 5:45 pm, the program portion of the meeting begins with an introduction from our President including upcoming entrepreneurial events and past NEF Showcase Presenter news. The program continues with our featured Showcase Presenter(s) who are graduates of the NEF coaching process. Depending on the month or otherwise noted, the program includes the engaging NEF Pitch Pit or intriguing topic and panel. The program typically finishes at 7:15 pm with more networking afterwards. Please feel welcome to join us.
The event is FREE. Registration is not required but recommended for planning purposes.