At the start of June, female founders from all over Europe came together in Munich with the aim of advancing their entrepreneurial journeys. Organised by the Technical University Munich and the WE Health partners from IESE Business School, Imperial College and Karolinska Institutet, the second module of the “Empowering Women in Health Innovation” (WE Health) initiative helped equip these women with the skills, the support and the courage to address their entrepreneurial challenges. The participants were guided through some key aspects of founding a venture – from validating their business idea, to pitching it to investors.

During the three days in Munich, participants developed different entrepreneurial skills and received valuable insights relating to areas such as, how to work out the value proposition of their idea or how to lead a team and co-create with other people. They also learned how to enhance their networking skills, how to best present their business idea to a potential customer, partner or investor and how to raise money from a venture capitalist.

While learning tips and tricks for new ventures in the healthcare domain, the participants had the chance to expand their own network and discuss common topics with other founders. Besides receiving inspiration and input from founders who are already ahead in their entrepreneurial journey, they also benefitted from exchanging their ideas within the group of like-minded female entrepreneurs.

The training provided to the participants was given by a number of experts from different fields, such as Design Thinking and Business Modelling experts, but also founders sharing their advice on networking tactics and other topics. They also had the chance to directly talk to a potential investor and learn about the opportunities the EIT Health accelerator is offering.

The Munich Module was the second of three WE Health Modules (planned) in 2018 addressing the challenges of female entrepreneurs, researchers and executives. Besides the valuable training content, each module aims to encourage women to advance their careers in health innovation and provide them the space to discuss their personal challenges in a safe environment with like-minded people.

The next workshop with the topic “Empowering Women Leadership in Health Innovation” will take place from September 17 to 19 at IESE Business School in Barcelona. It is designed for women executives and senior innovators, supporting them to drive innovation inside organisations, to seize on and develop talents and to deal with practical challenges, in order to realise the full potential of innovation. You can apply to join the workshop here, with the deadline for applications being July 31.

For more information about the WE Health project visit http://we.eithealth.eu/ .