Winston-Salem, NC (PRWEB) June 11, 2015
The news just keeps getting better for the five finalists selected in the Inmar Digital Health Challenge. The law firm of Kilpatrick Townsend gave the competition its latest boost just this week. In addition to the $25,000 cash prize and potential funding of its idea, the winning team will now have $17,500 to spend with Kilpatrick Townsend’s world-class corporate attorneys.
The finalists in the competition were selected from competing U.S. and internationally based teams. The services of Kilpatrick Townsend will be important, as the costs associated with properly structuring a startup can be significant. The legal services fund from Kilpatrick Townsend will help. “Start ups need help with entity and structure considerations, equity and capital raising documents, and other commercial contracts,” said G. William Joyner III, Partner, Kilpatrick Townsend. “Our legal team is pleased we can participate in the Inmar Digital Health Challenge to structure the winning idea the right way for future success.”
After reviewing all of the worthy applications, the judges chose five finalists from Baltimore, MD; Waterloo, CA; Chicago, IL; Greensboro, NC; and Cambridge, UK who will spend the next six weeks refining their idea and developing their pitch to ultimately win $25,000 in cash, $17,500 in legal services and potential future funding.
The winner of the Inmar Digital Health Challenge will be the solution that most effectively leverages currently available technologies—including wireless devices, hardware sensors, mobile and body area networks, health information technology, social media and others— that can be combined in new ways to make medicine more personalized, precise, and accessible while reducing cost and inefficiency. Specifically, the best solution will address the following question: How can disparate data sources be leveraged to discover health-related correlations and insights that enable individuals and their support groups/families to collaborate, monitor and improve a patient’s health?
Flywheel will provide workspace for selected challenge teams during the finalists’ briefing and final pitch weekend, and organize resources and mentors to help each team develop their concepts and commercialization plans.
Kilpatrick Townsend joins Inmar, which operates intelligent commerce networks in healthcare, supply chain and promotions, as a sponsor of the Challenge. Experts from both entities, along with other subject matter experts, will serve among other mentors and judges.
To learn more about the challenge and competition details visit http://flywheelcoworking.com/inmar-digital-health-challenge-2015/
EVP, Corporate Communications and Great Teams!
Inmar is a technology company that operates intelligent commerce networks. Our platforms connect offline and online transactions in real time for leading retailers, manufacturers and trading partners across multiple industries who rely on Inmar to securely manage billions of dollars in transactions. Our Promotions, Supply Chain and Healthcare platforms enable commerce, generate meaningful data and offer growth-minded leaders actionable analytics and execution with real-time visibility. Founded in 1980, Inmar is headquartered in Winston-Salem, North Carolina with locations throughout the United States, Mexico and Canada.
For more information about Inmar’s products and services, please call 866.440.6917 or visit http://www.inmar.com.
Flywheel is a coworking space located in the heart of Wake Forest Innovation Quarter in downtown Winston-Salem. Since May 2014, the space has served as the community’s center of innovation and 24/7 workspace for people to come together to work on the fly, learn and share knowledge. Flywheel is the center of gravity in Winston-Salem and in the overall triad ecosystem for supporting startup companies and entrepreneurs. Its four core offerings provide the fuel that accelerates the success of business startups: technology workshops; How to Start a Startup series; Idea Tap Series that gives entrepreneurs access to an idea pitch process; and knowledge and networking-based events. Flywheel offers flexible short and long-term membership plans for open and enclosed spaces. Three locally owned companies have partnered together to bring Flywheel to the community: Workplace Strategies; Wildfire, LLC; and Storr Office Environments. To learn more about Flywheel, visit http://www.flywheelcoworking.com.
About Kilpatrick Townsend
Kilpatrick Townsend has more than 630 lawyers in 17 offices extending into the four corners of the continental United States, Asia and Europe, including: Atlanta, GA; Augusta, GA; Charlotte, NC; Denver, CO; Los Angeles, CA; New York, NY; Raleigh, NC; San Diego, CA; San Francisco, CA; Seattle, WA; Silicon Valley, CA; Walnut Creek, CA; Washington, DC; Winston-Salem, NC; Shanghai; Stockholm; and Tokyo.
For more information about Kilpatrick Townsend, please visit: http://www.kilpatricktownsend.com.
Follow the firm on Twitter: @KTS_Law.