On Friday, July 24th 2020 two Cleveland State University graduate students pitched future health care and medical technologies to a team of economic development professionals and investors as a result of their participation in the REDIzone Burton D. Morgan Future MedTech Entrepreneur Internship program.
Tim Nagy (Monte Ahuja College of Business MBA student) and Michael DiDomenico (Cleveland-Marshall College of Law JD student) each received a stipend to experience medical innovation first-hand in June and July.
“Our two weeks in class learning how to apply market analysis, learning about intellectual property really pulled back the curtain on health care technology and the startup environment,” said Tim. “Evaluating ideas and then sitting in on real-life pitches for funding was an invaluable experience."
“The entrepreneurs and investors provided wonderful advice on pitching,” said Michael. “Through the internship, we were able to pitch real technologies that have the potential to improve people’s well-being.”
“The internship also provided insight into regulatory issues and demystified the process of how medical technologies go to market,” Michael added.
About the Internship:
The 7-week internship program was held almost exclusively in a virtual format due to the COVID-19 pandemic. The internship structure included 2 weeks of in-class experience, learning from experts in medical innovation and commercialization, reviewing early-stage medical technology investor presentations, presentations of the student findings to investment committees, working with the medical technology entrepreneurs and a final, in-person pitch presentation on July 24th at the NEOMED Auditorium to both an in-person and online audience.
About Tim Nagy:
Tim Nagy, current MBA student in the Monte Ahuja College of Business has always been interested in healthcare. He served as a paramedic for five years while attending the University of Akron to earn his bachelor’s degree and then entering into medical sales. Currently a client relationship manager at Midwest Medical Transport Company, Tim works with the Cleveland Clinic helping to facilitate the transfer and movement of patients. He decided to go back to school and earn his MBA at Cleveland State University because of his interactions with CSU faculty, Office of Career Development and Exploration staff and advising staff.
“CSU faculty and staff are friendly and welcoming,” Tim said. “Being downtown is convenient, not just for me personally, but also professionally.”
Tim earned his associate’s degree in Emergency Medical Services and bachelor’s degree in Organizational Supervision from the University of Akron. He began the MBA program in the Spring of 2020 and enjoyed his first marketing class with the Chair of the Marketing Department, Dr. Amit Ghosh.
About Michael DiDomenico:
Michael DiDomenico is a second-year law student in the Cleveland-Marshall College of Law. He joined the internship program as a result of his interest in Intellectual Property, Patent Law and science.
“I chose Cleveland-Marshall because of the family mindset,” Michael said. “The faculty is dedicated and approachable and my fellow students want to help each other.”
Michael earned his undergraduate degree in Biology from Westminster College. The REDizone Burton D. Morgan Future MedTech Entrepreneur Internship was his first internship experience. He is a Dean’s Leadership Fellow and will join the CSU Law Review in Fall 2020.