Enterprise Innovation Institute

Reflecting on a Year of Success: Our Achievements in 2023

At The MedTech Center of Excellence, we’re thrilled to share the remarkable successes we’ve achieved throughout 2023. As we look back on the past year, the data speaks volumes about the impact of our programs and initiatives in driving innovation in biotechnology, medical devices, and life sciences.

2023 Program Highlights

Program Engagement:

With 51 applicants and 54 participants in our program, we’ve engaged a total of 142 potential clients, demonstrating the high level of interest and involvement in our offerings.

Education and Support:

Through 210 education modules taught and over 2,500 OnDemand module views, we’ve provided invaluable knowledge and resources to startups, empowering them to thrive in the competitive landscape.

Investor and Grant Engagement:

Facilitating 45 startup meetings with potential investors and 54 meetings with grant program managers, we’ve played a pivotal role in connecting startups with crucial funding opportunities, resulting in 55 new investors engaged.

Funding and New Product Launches:

With $9,500,000 raised in private investment capital and $3,500,000 received in public commercialization grants (SBIR/STTR), startups have been able to bring innovative solutions to market, launching 54 new products.

Impact on Employment and Business Sales:

Our efforts have led to the creation or retention of 174 jobs, while annual business sales have reached $3,200,000, highlighting the tangible economic impact of our programs.

Looking Ahead:

As we celebrate these achievements, we’re inspired to continue our mission of fostering a thriving ecosystem for healthcare innovation. The success of 2023 fuels our passion and commitment to driving even greater impact in the years to come, as we strive to empower startups, connect them with essential resources, and ultimately, transform the landscape of healthcare.

Join Us in Shaping the Future:

Explore the full breadth of our accomplishments and discover how you can be a part of our mission to revolutionize healthcare. Together, let’s build a brighter future through innovation, collaboration, and dedication to excellence. 

 

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