Paxton Medical Wins Ann Arbor SPARK's Best of Boot Camp
ANN ARBOR, Mich., Oct. 30, 2014 /PRNewswire/ -- Paxton Medical was awarded Best of Boot Camp at the conclusion of Ann Arbor SPARK's 25th Entrepreneurial Boot Camp. Paxton Medical was chosen as winner by a panel of investors and industry experts who rated Boot Camp participants' pitches.
Paxton Medical identifies and develops medically related products to help improve the efficiency and effectiveness of medical professionals, specifically in an operating room setting.
"Ann Arbor SPARK's Boot Camp is a tremendous opportunity to validate a new business idea through customer discovery," said Barry Paxton, Paxton Medical CEO and founder. "The process was intense but rewarding. The drill instructors and coaches were exceptional and have helped position us to continue the development of our idea. The next steps are to continue to validate our product idea, identify manufacturers and additional advisors, and to begin commercialization."
Ann Arbor SPARK's Boot Camp process quickly and effectively validates and focuses an entrepreneur's business idea. Compared to other entrepreneur education programs that focus on teaching how to write a business plan, Boot Camp gives business founders the tools to decide if their idea is worth executing.
As part of Best of Boot Camp, Ann Arbor SPARK celebrated the program's 25th offering. A video highlighting the program's impact on entrepreneurism in the Ann Arbor region and past winners is available online: https://www.youtube.com/watch?v=0XCt0wsQFw4&feature=youtu.be
"Ann Arbor SPARK's Entrepreneurial Boot Camp has had an incredible, positive impact on the success of startup businesses in this region, and plays an important role in our entrepreneurial ecosystem," said Paul Krutko, Ann Arbor SPARK president and CEO. "Over the course of the 25 graduating classes, more than 500 companies and 200 mentors have participated in Boot Camp. Most impressively: Forty-seven Boot Camp companies have gone on to successfully commercialize a product."
"Paxton Medical exemplifies the innovative company that Boot Camp is designed to help ramp up from startup to success," Krutko added. "The entire Ann Arbor SPARK team, and all of the Boot Camp volunteers, congratulate Paxton Medical on its Best of Boot Camp win."
Twelve teams and 42 volunteers participated in Ann Arbor SPARK's Entrepreneurial Boot Camp. A bi-annual program, Boot Camp has assisted more than 500 companies since 2002.
Ann Arbor SPARK will host its next Entrepreneurial Boot Camp in the spring of 2015.
About Ann Arbor SPARK
Ann Arbor SPARK, a non-profit organization, is advancing the region by encouraging and supporting business acceleration, attraction and retention. The organization identifies and meets the needs of business at every stage, from start-ups to large organizations. Ann Arbor SPARK collaborates with business, academic, government, and community investor partners including the University of Michigan, Eastern Michigan University, Washtenaw Community College, Washtenaw County, Livingston County, Washtenaw County Michigan Works!, the City of Ann Arbor, Bank of Ann Arbor and the Michigan Economic Development Corporation. For more information, please call (734) 761-9317 or visit www.AnnArborUSA.org.
SOURCE Ann Arbor SPARK
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