Congenita, a start-up tackling heart defects in newborn babies, has won the Medical Technology (MedTech) Venture Competition developed by the Cambridge Judge Entrepreneurship Centre.
MedTech start-up wins entrepreneurial competition
With Accelerate Cambridge, we hope to bolster our network within the MedTech community and receive valuable mentorship to hone our business strategy. This will allow us to raise funds towards our goal of conducting validation trials.
PhD student Dante McGrath
Engineering PhD student Dante McGrath is co-founder of the start-up which has designed software to create personalised 3D models for surgeons to correct congenital heart defects in newborn babies. The company was awarded first prize of £10,000 by the competition judges.
The MedTech Venture Competition is designed to enable researchers, scientists, technologists and founders to translate novel medical technologies or early stage ideas into real-world applications through specialist advice, mentoring support and funding.
Dr Nidhin Laji, the founder of Congenita, who was one of the researchers who invented the technology, is a Clinical Entrepreneur Fellow and Foundation Doctor at the Cambridge University Hospitals NHS Foundation Trust. Nidhin met his founding team, including Dante McGrath, at the Cambridge Judge Entrepreneurship Centre’s Enterprise TECH PhD+ programme in 2018. He submitted a proposal and worked with five PhD students from the University of Cambridge on a feasibility study to assess the market validity and commercial application of the technology.
Dante said: “We are grateful to the Cambridge Judge Entrepreneurship Centre for providing the platform for us to grow our start-up. With Accelerate Cambridge, we hope to bolster our network within the MedTech community and receive valuable mentorship to hone our business strategy. This will allow us to raise funds towards our goal of conducting validation trials."
Shiri Gold, Head of MedTech Programmes at the Centre, said: “Medical technologies are notoriously challenging to commercialise, so our initiative has been designed to nurture and enable Cambridge researchers and/or scientists-turned-entrepreneurs to make an impact with their innovations. We’re looking forward to working with all the ventures and helping them achieve their potential.”
A list of all the winners is available to view here.
This article has been edited from the Cambridge Judge Business School website.
Reproduced courtesy of University of Cambridge, Department of Engineering
The University of Cambridge is acknowledged as one of the world's leading higher education and research institutions. The University was instrumental in the formation of the Cambridge Network and its Vice- Chancellor, Professor Stephen Toope, is also the President of the Cambridge Network.