MidAmerica Healthcare Venture Forum Home


Forum History

PAST HISTORY:

In 2003, BIO and a collection of state associations launched the Mid-America Venture Forum in Chicago, IL, to bring together the various bioscience start-ups, investors and other industry participants scattered throughout the Midwest. Attendance was near 400 (twice the original estimate). This event was further distinguished by support from the Midwest Healthcare Investment Network (MHIN) and the National Venture Capital Association (NVCA).
 
In 2004, drawing on the success of the inaugural event, the conference was held in St. Louis, Missouri. BIO reached out to the venture capital community to draw even more attention to the Midwest bioscience market. There was a 25% overall increase in VC attendance. Most significant was the increase from the East and West-Coast VCs. Presenting companies collectively secured over $89 million in funding that year.
 
The 2005 Mid-America VentureForum continued to gain momentum, attracting more venture capitalists from outside the Midwest than ever before.
 
The 2006 Mid-America Venture Forum, held in Cleveland, Ohio, experience increased attendance by presenting companies as well as investors.  Venture capital and investment bank participation in Cleveland generated nearly $104 million in investments for the event's presenting companies.
 
The 2007 forum was co-hosted by the Wisconsin Biotechnology and Medical Device Association, and united 400+ attendees from across the industry. BIO introduced addition benefits by providing the Partnering System. The system offered attendees the opportunity to meet privately with investors and companies during the forum.
 
The 2008 forum was hosted by BioStart in Cincinnati, Ohio, and attracted 300+ attendees from across the healthcare spectrum.  We had over 50 companies present to a national venture capital audience which several continued on to receive funding and are still being considered.