The other participating major firms thus far: Advocate Aurora Research Institute, American Family Insurance, Exact Sciences, Findorff, Google, J.P. Morgan, Kimberly-Clark, Kwik Trip, OEM Fabricators, Oshkosh Corp., Promega, Rockwell Automation, RSM US, Schreiber Foods, Shive-Hattery Architecture + Engineering and TitletownTech.
The day-long event will be held in-person Monday, March 20, 2023 at Green Bay’s Lambeau Field. More information, including the online application form, can be found at wistechsummit.com. Emerging companies may apply through Feb. 22 to meet with major firms and explore potential business relationships around technology needs and innovation. Past emerging companies are encouraged to apply.
The Tech Summit will feature a series of brief meetings, or “speed dates,” to foster communication and partnership. It is produced by the Wisconsin Technology Council.
“There are many reasons why major firms would want to meet with emerging companies, and vice versa,” said Gary Frings, chairman of the Tech Council. “This is a way to enhance company-to-company connections in Wisconsin and beyond, with benefits to entrepreneurs and major firms alike.”
“Large and small companies travel in different orbits, even if they’re in the same business sectors, and those orbits rarely cross except by chance,” added Tom Still, president of the Tech Council. “This event aims to align those orbits where possible.”
“Not all speed dates blossom into a serious relationship, of course, but surveys of past major company participants show that 40 percent of their meetings have led to continued contacts,” Still added.
Major firms will be able to hear from emerging companies with innovative products or services tied to areas such as digital health innovation, artificial intelligence, fin-tech and insure-tech, the internet of things, health diagnostics and delivery, software and data analytics in sectors ranging from health care to information systems, and from power electronics to telecommunications.
Applications are welcome from early stage funds that may want to introduce portfolio companies and otherwise connect with major firms.
“The evolving tech needs of major firms may require strategic partnerships with innovative young companies,” Frings said. “Potential business relationships might include contracting for research and development, becoming part of a larger supply chain, and pursuing investment or acquisition strategies.”
Emerging companies may apply by Feb. 22 at wistechsummit.com to take part. A selection process involving major companies and the Tech Council will follow. Selected emerging companies may meet with multiple major firms, depending on mutual interest.
A company registration fee is due at the time of application; forms for which are available online. Companies that are not selected to participate will receive a full refund.
The March 20 “speed date” meetings are 15 minutes each with five minutes between. Other features of the event are:
- Educational “Office Hours” seminars, which will be available to all participants during those times in which they are not scheduled for individual meetings;
- An event overview and opening discussion to help set the stage for emerging companies by allowing major firms to talk generally about their goals, needs and emerging markets;
- A keynote presentation and plenary panel, and;
- Networking breakfast, lunch and reception.
Sponsors thus far include; Amazon, Arrowhead Pharmaceuticals, AT&T, AVI Systems, Baird Capital, BDO, CGI, CliftonLarsonAllen, Concordia University, Findorff, Flad Architects, Google, Greater Green Bay Chamber, Lost Boys Interactive, Marshfield Clinic Health System, New North, RSM, Ruder Ware, Shive-Hattery, UMOS, University Research Park, UWM Research Foundation, UW-Madison Data Science Institute, UW-Madison Office of Business Engagement, Versiti, von Briesen & Roper, Wisconsin Economic Development Corp, WHEFA and Xcel Energy.
Visit wistechsummit.com for more information on the event, the application process, registration and sponsorship opportunities.