By the time you're presenting at your 1st board meeting, your board is already familiar with the basics of your MedTech start-up. Now, it's time to dive deeper into the details, showcasing significant progress, strategic plans, and refined projections. Here are the top five slides you need to present to your board at this stage, with a strong focus on outcomes, costs, and timelines.

1. Progress Update and Key Milestones

Kick off with a comprehensive update on your progress since the last meeting. This slide should highlight key milestones achieved, any deviations from the plan, and lessons learned. Discuss specific outcomes, costs involved, and timelines adhered to or adjusted.

Key Points to Include:

• Major milestones achieved

• Specific outcomes and impacts

• Costs associated with milestones

• Timelines met or adjusted

2. Market Penetration and Competitive Landscape

Go beyond the initial market analysis and provide an in-depth update on your market penetration. Discuss changes in the competitive landscape, new market trends, and how these factors affect your strategy. Provide detailed costs of market expansion efforts and expected outcomes within set timelines.

Key Points to Include:

• Current market position and penetration rate

• Changes in the competitive landscape

• Updated market trends and insights

• Costs of market expansion efforts

• Expected outcomes and timelines for further penetration

3. Product Development and Pipeline

This slide should focus on the current status of your product development and the pipeline for future products. Provide updates on any new features, improvements, or upcoming products. Discuss the costs incurred, expected outcomes, and the timelines for each stage of development.

Key Points to Include:

• Status of current product development

• New features and improvements

• Future product pipeline

• Development costs and budgets

• Expected outcomes and timelines for each product stage

4. Financial Performance and Projections

Present a detailed review of your financial performance since the last meeting, along with updated projections. Highlight revenue growth, expenditure, cash flow, and funding status. Discuss any financial deviations, their impacts, and how you plan to address them. Provide clear outcomes, costs, and timelines for future financial milestones.

Key Points to Include:

• Detailed financial performance review

• Updated revenue projections and growth

• Expenditure analysis and cash flow status

• Funding updates and utilization

• Financial outcomes, costs, and timelines for future targets

5. Strategic Initiatives and Roadmap

Conclude with a detailed roadmap of your strategic initiatives. This slide should outline your plans for scaling, entering new markets, partnerships, and technological advancements. Discuss the costs involved, the expected outcomes, and the timelines for each initiative. Ensure your board understands the strategic direction and how it aligns with long-term goals.

Key Points to Include:

• Detailed roadmap of strategic initiatives

• Plans for scaling and market expansion

• Key partnerships and collaborations

• Technological advancements and R&D

• Costs, expected outcomes, and timelines for each initiative

Summary

In summary, your  board meeting presentation should move beyond the basics and dive into the nitty-gritty details of your start-up’s progress and future plans. By focusing on outcomes, costs, and timelines across these five advanced slides, you’ll provide a comprehensive and strategic update that keeps your board engaged and informed.