aMDI: Crossing the Development Valley of Death

Having the resources, space, and technical expertise available to bring innovative products to market is no easy feat. Early-stage business owners often find themselves in a complex web that sometimes stops would-be lifesaving devices from reaching their full marketplace potential.

This month, we highlight the applied Medical Device Institute (aMDI), an organization dedicated to bringing novel medical devices and innovative technology to market. We interviewed Dr. Brent Nowak, aMDI’s executive director, to see just what this unique “unicorn” organization has to offer the medtech industry and early-stage entrepreneurs. Read about our recent conversation.

Featured

MedHealth Matchmaking Mixer

MedHealth is hosting another virtual event on October 21 that will include one-on-one matchmaking opportunities and engaging discussions on how we can overcome healthcare challenges together. More information will be posted on our website in the upcoming months. Curious what to expect? Check out our YouTube channel to see content from past events.

MedHealth and in2being Team Up on Two Special Editions of MedTech Crossroads

MedHealth will receive $754,840 in Coronavirus Aid, Relief, and Economic Security (CARES) Act recovery assistance through TechTown Detroit to support the region’s medical and manufacturing sectors. This grant will be matched with $249,900 in local investment and is expected to generate $5.5 million in private investment. Read more about the award.

ASPIRE Applications Due August 23

Applications for ASPIRE Medtech 2021 will be accepted through August 23. ASPIRE is an intensive program put on by VentureWell and MedHealth that prepares startups for the investments and partnerships necessary to launch their venture. Join ASPIRE Office Hours on Wednesday, August 11 at 6 P.M. to learn more about this opportunity.

Michigan STEM Forward

Ann Arbor SPARK and the Michigan Economic Development Corporation launched a program that matches students attending Michigan colleges and universities with internships at innovation companies in the state. Eligible college students can find more information on Ann Arbor SPARK’s website. Interested companies must contact us for a private link to apply.

Opportunities and Events

Medical Device Industry Consultant

The Michigan Economic Development Corporation seeks an industry consultant to help grow Michigan’s medical device technology industry. Proposals are due on August 6, 2021 at 3:00 P.M. Learn more and apply. 

 

TechTown Start Studio

TechTown Start Studio offers a combination of one-on-one coaching, technical assistance, and group learning to help entrepreneurs refine their ideas. Learn more and apply.

WE-SPARK Health Institute Think Tank

Think Tank provides opportunities for researchers, healthcare stakeholders, and students to meet and discuss potential research collaborations. Learn more and register.

MTRAC Midstage Funding

MTRAC awards provide midstage translational research funding and resources for proof-of-concept and late-stage translational studies with a high potential of commercial success. Learn more about submitting a proposal.

Kickstart Early-stage Funding

Fast Forward Medical Innovation is currently accepting applications from Michigan biomedical researchers for early-stage funding. Learn more about applying.

BorderHacks

BorderHacks is a virtual hackathon focused on connecting students cross-border to work on challenges and compete against their peers for prizes. On September 25–26, 2021, students will present their solutions for a chance to win. Learn more and register.

HIMSS21

From Monday, August 9 to Friday, August 13, 2021, HIMSS Global Health Conference and Exhibition will convene professionals throughout the health ecosystem for education, innovation, and collaboration. Starting this year, HIMSS21 will be offered both in person and digitally. Learn more and register.

Industry News

Audacia Bioscience Launches MyPass

MedHealth stakeholder Audacia Bioscience has launched a new website for event runners looking to ensure attendees are COVID-free and vaccinated. Learn more about MyPass.

Michigan Named Fastest Growing State for Venture Capital Investment

Crunchbase News highlights venture capital investment in U.S.-based companies this past year, with venture money in Michigan experiencing significant increases. Learn more about growth in the Great Lakes state.