A medical start-up won out in a quick-pitch contest for more than 100 tech entrepreneurs jockeying for funding to build up their businesses.
A judges panel for San Diego Tech Coast Angels selected nPruv, a start-up that aims to make it easier for physicians and patients to find clinical trials, as the $15,000 winner of the John G. Watson Quick Pitch contest.
Two second place winners, Companion Medical, for best content, and Get TAGit, for best style, received $5,000 each in prizes. Companion Medical focuses on the development of medical devices, with the current emphasis on diabetes patients. TAGit is an app for purchasing products from television shows.
There were 30 semi-finalists. Jeff Draa, president of the Tech Coast’s San Diego network, called their two-minute pitches “fast paced, informative and entertaining.” Janssen Labs, Stradling Yocca Carlson & Rauth, Knobbe Martens, ResMed and the Startup Garage funded the awards.
The contest, which took place Sept. 25, was open to tech and life science companies. It is named for John G. Watson, who died in 2010. The John G. Watson Foundation “aims to encourage, promote, and support innovation and entrepreneurism in the San Diego region.”
Draa said support from the Watson foundation will allow the Quick Pitch competition to continue for several years.
Tech Coast Angels typically invests from $250,000 to $2 million in early-stage companies in Southern California. The group’s members include company founders, CEO’s, venture capitalists and other business leaders.