- NameDr. Cemal Kavasogullari
Innovative Healthcare Solutions is a dynamic, young company whose mission is to utilise cutting edge technology to improve healthcare-user interface. We are currently working on a dental health solution that will enable people to monitor their oral health in the comfort of their home, using a smart hand-held scanner.
What encouraged you to join Entrepreneurial Spark’s people accelerator programme?
After we established our company, it quickly became apparent that investors liked companies that had been ‘through some hoops’ before even talking to them. They didn’t like ‘virgin material’ as it were, so we decided to join an accelerator programme. Entrepreneurial Spark was free, providing everything we needed and was very close to our base in Glasgow. The staggering success of over 80% of businesses who went through the programme still trading was an important factor for us in our decision.
Since joining Entrepreneurial Spark how have you seen your business change?
During the first six months we invested internally, using this period to understand the mechanics of the sector we see ourselves in. A significant effort was also made in building a world class team and establishing connections. Overall, we became a much better structured affair than we were before.We have since obtained a Scottish Enterprise SMARTGrant, won $100,000 in an international start-up competition, the Wolves Summit in Warsaw, and we were finalists in Young Edge and the Duke of York’s Pitch@Palace competition.
As an entrepreneur how have you changed since joining Entrepreneurial Spark?
One of the things Entrepreneurial Spark focuses on is the entrepreneurial leader. The main difference I found from other accelerators is the fact that Entrepreneurial Spark does this via leading by example. People in Entrepreneurial Spark show the characteristics of good entrepreneurs themselves. All of this enabled me to think about what sort of leader I would like to be.
If you could give budding entrepreneurs three tips what would they be?
Know your pitch!
There will be times that you feel you are not progressing, step back and ask a mentor. They have a different perspective which can help you change your course.
If you’re working on something disruptive, don’t always listen to ‘experts in the industry’. They come from the culture you’re trying to change.
Looking to the year ahead what are you hoping to achieve?
The year ahead will be all about developing, refining and perfecting our product. Of course there are competitions lined-up already, and we’re hoping to establish a massive academic partnership with one of the top institutions in the world.
What’s the best piece of advice you’ve received from your mentor?
Fail quickly, fail cheaply and know your numbers!