Andrew Koert
Mechanical Engineering graduate from University of Virginia, currently pursuing MBA and MSc at MIT and Harvard.
| Headline: | Entrepreneur |
| Skills: | Engineering |
| Groups: | Ignite Clean Energy (ICE) |
| Interested in: | Brainstorming, Finding business partners, Finding cofounders, Finding team mates, Meeting new people, Professional opportunities, Promoting my startups, Recruiting for my startup |
| Schools: | Harvard University, Massachusetts Institute of Technology, University of Virginia |
WORK EXPERIENCE
| Employer: | Medtronic, Minneapolis, MN |
| Position: | Product Planning Summer Associate, CRDM |
| Time period: | May 2008 - July 2008 |
| Description: | Three-month internship working in CRDM Product Planning, a department within Marketing analyzing upstream products and technologies and synergies with corporate strategy, market needs, and the overall technology portfolio.
• Conducted a business opportunity analysis of an early stage technology coming out of NT&D Research. • Developed a strategic roadmap for technology commercialization including a market analysis, competitive landscape, reimbursement strategy, and financial model. |
| Employer: | Levitronix LLC |
| Position: | Development Engineer, Medical Division; Waltham, MA |
| Time period: | December 2004 - November 2007 |
| Description: | Levitronix, formally established in 2001, is the first company to introduce magnetically levitated bearingless motor technology to the medical and industrial markets. The US headquarters have grown from 7 to 24 employees from 2002 with corporate revenues of $15M in 2007.
Responsible for the design, manufacture of prototypes, and pre-clinical studies of several next generation medical devices utilizing the Levitronix® Bearingless Motor technology. • Managed a $1.5M National Institute of Health (NIH) phase II SBIR grant funding the development of a pediatric heart pump for the treatment of neonates and children suffering from heart failure. • Accelerated the pediatric pump development by leveraging compatibility with current adult system hardware resulting in the initiation of human clinical trials in less than four-years. • Directed the activities of a ten-person experimental surgery team at the University of Pittsburgh McGowan Institute for Regenerative Medicine in the pre-clinical trials of the pediatric pump. • Co-invented and designed a patented, integrated pump-oxygenator funded by a $500K NIH phase I STTR grant. |
| Employer: | Levitronix LLC |
| Position: | Project Engineer, Medical Division; Zürich, Switzerland |
| Time period: | December 2003 - November 2005 |
| Description: | • Transferred to the Swiss R&D facility to complete the product prototype design of a long term adult heart pump ready for pre-clinical trials.
• Implemented rapid prototyping technology to accelerate the development cycle and achieve the project’s goal within an aggressive one-year timeframe. |
| Employer: | Levitronix LLC |
| Position: | Project Engineer, Medical Division; Waltham, MA |
| Time period: | December 2001 - November 2004 |
| Description: | • Assumed IT/MIS functions for all US operations realizing corporate savings of over $250K from 2002 to present. |
EDUCATION
| University: | University of Virginia |
| Time period: | 1996 - 2002 |
| Degree: | Mechanical Engineering, BSc |
| University: | Harvard University |
| Time period: | 2006 - Present |
| Degree: | Biomedical Enterprise Program, Candidate for MBA 2009, MS 2010 |
| University: | Massachusetts Institute of Technology |
| Time period: | 2006 - Present |
| Degree: | Biomedical Enterprise Program, Candidate for MBA 2009, MS 2010 |
INFORMATION
| Sports: | Avid backcountry snowboarder in destinations such as Switzerland, Austria, and the U.S. |
| Clubs: | • Biomedical Business Club, Co-President.
• Venture Capital/Private Equity Club, Director of VC Partnerships. |
| Memberships: | • Co-founder of the MIT Sloan-ASAIO initiative to create a New Venture Forum for biomedical business plan development.
• Volunteered for the Burton Chill Program, teaching inner city children how to snowboard. |
