Our mini MBA: educationally intense and intensely educational

Digital Life Norway's first mini MBA was held April 15th-19th. In five intense days the participants learned to commercialize their research and gain the knowledge and skills  to bring their ideas to market.

Maximilian Wess and Jingwen Ding brainstorm their idea outside in the sun.

Maximilian Wess and Jingwen Ding brainstorm their idea.

Day 1: Discover

Nordic Bioventures (NBV) facilitated the program and led the matchmaking and ideation workshops on the first day. It was also important for the participants to get to know each other and their team. The facilitators explained the double diamond methodology: discover, define, develop and deliver. Together facilitators and participants created a fun and safe space that really laid the groundwork for the rest of the week.

Mini MBA participants fly their paper planes
The participants played a bit in the beginning to get to know each other.

The participants presented their initial ideas, and Christian Code concluded the day. He talked about his experience as an academic scientist who became an entrepreneur.

 

Day 2: Define

On Tuesday, the participants learned from Christoffer Merrild, Therese Eilertsen and Anna Apartsina of the non-profit organizations Synapse - Life Science Connect and Nucleate, who support young researchers pursuing (entrepreneurial) careers in the life science environment. Bouke de Jong spoke about startups he worked on, Tracey Beyer on corporate innovation, and Alexander Johann Bjørnå on intellectual property right law. 

Bouke de Jong speaking while participants listen.
Bouke de Jong speaking.


 

Day 3: Develop

On Wednesday, the participants worked on developing their ideas further. They did this through an inspiring talk from Thomas J. Howard on scaling and the hype curve, they learned about tech transfer from Digital Life Norway's board member Tom Pike, about how to accommodate different people in your team (Søren Spanner Bach), and ethics (Megan Palmer).

Thomas Howard presenting about Mash Makes
Thomas Howard presenting about Mash Makes

They were also wowed by Mash Makes, a startup that aims to move one gigaton of carbon from the atmosphere by 2040. 


 

Day 4: Deliver

Jannik Faliu speaking about project roadmapping
Jannik Faliu speaking about project roadmapping

On Thursday the ecosystem REBBLS (Belinda Escher, Jannik Faliu) taught the participants about partnerships and roadmapping your project.

Line Holst Graves speaks about fundraising.
Line Holst Graves speaks about fundraising.

they also learned about fundraising (Line Holst Graves)  and pitching (Benjamin Hamelmann). Most importantly, they had a pitch hackathon, to prepare them for pitching day! 

 

Day 5: Demonstrate

The atmosphere on Friday morning was expectant, intense, and a little bit nervous. It was the final day of the Mini MBA. The participant teams pitched their ideas to real investors in the Human Health and Wellbeing or Planetary tracks. Alex Felman (Felman Family Office) and Kamil Bakowski (Lundbeck/REBBLS) were judges and advisors for the pitches and were impressed with how far the teams had come in a week. 

The prizes were excellent: the top four received IP assessments from legal experts Bryn Aarflot, and the two top in each their track received entrepreneurship mentoring, and university grants for travel, training, IP work or other consultancy. 

 

The nuts and bolts of venture capital 

Tovy Dinh from Hadean Ventures presenting
Tovy Dinh from Hadean Ventures presenting about venture capital funds

Tovy Dinh of Hadean Ventures was our final speaker. Hadean Ventures is a life science venture capital fund that invests in healthcare in Norway. Tovy explained the Venture Capital Fund life cycle and stayed around for the pitch final, when the winners from the Health track were pitted against the winners from the Planetary track. 

 

 

 

 

 

 

Happy winners

Anders Nygaard, Nils-Anders Labba, and Haja-Sherief Musthafa won for their project PETdegrade, an idea that provides a solution for upcycling PET plastic. In second place were Rohit Agarwal, Kimji Pellano and Himanshu Buckchash with their idea which aims to bring calm to your house.

Rohit Agarwal and Himanshu Buckchash
Runners-up Rohit Agarwal and Himanshu Buckchash pose for a picture.
Nils-Anders Labba, Anders Nygaard, and Haj-Sherief Mustafa
Winners Nils-Anders Labba, Anders Nygaard, and Haj-Sherief Musthafa

 

Published Apr. 23, 2024 2:56 PM - Last modified Apr. 23, 2024 3:35 PM