In keeping with its mission to innovate, educate and collaborate to improve patient care, SAGES is continuing its enterprise designed to stimulate and support surgical innovation. In partnership with Varia Ventures, SAGES is continuing a three-pronged initiative to educate its members on entrepreneurism, engage and showcase inventors through the reimagined and funded SAGES Shark Tank business competition, and finance promising startups through the new SINC Fund.
Shark Tank applicants are expected to be aligned with SAGES’ mission and support surgical innovation. This year’s finalists will present both their idea and supporting business model to the Shark Tank judges. All semi-finalists will have an opportunity to be considered for investment by the SINC Fund, a new venture fund launched by SAGES in collaboration with Varia Ventures. In addition, the winner will also receive the $30,000 first prize.
The 2025 Shark Tank Application is now open at https://www.judgify.me/sharktank2025
- The application window will be September 20-November 22, 2024. There is a $100 non-refundable application fee.
- Applicants will need to fill out a written questionnaire, submit a pitch deck, and upload supporting documents. This information will be shared with the SAGES and Varia Ventures’ reviewers.
- If you are selected to move on, semi-finalists will pitch their company in person at the Innovation Weekend in Houston, January 24, 2025.
- Three finalists will be selected at that event to present at the 2025 Shark Tank Session at the Annual Meeting in Long Beach, which takes place on Thursday, March 13, 2025 from 5:00-6:00 PM.
- A winner will be selected at the annual meeting and receive a $30,000 cash prize.
*SAGES 2025 Shark Tank is not affiliated with Shark Tank (Sony Pictures Television Inc.)
Introducing SINC
NOTE: The ACCME has released new guidance in December 2020 that indicates equity owners of privately-held companies are considered owners/employees. ACCME Standards state that owners/employees have unresolvable financial relationships and should not be involved in the content of CME activities, with rare exceptions. If you are involved with the planning or presenting of content for a CME activity, with SAGES or any other venue, you will need to disclose this financial relationship. There are many opportunities to provide education in non-CME venues. Please contact [email protected] for more information.
Notes Regarding SINC:
The Shark Tank competition and the SINC Fund are independent of each other.
The Shark Tank winner will automatically be considered for investment by the SINC Fund. Additional diligence will be conducted on the company by the Fund team.
If you have any questions before applying to the Fund, please contact: [email protected]