RESOURCE PROVIDER
Maryland Development Center
The Maryland Development Center is a MedTech Startup Studio that supports medical device inventors who want to move their ideas beyond the lab into the marketplace.
Through design and engineering we translate ideas into working prototypes that can be demonstrated to potential customers and investors. From there we use business development, funding support, and regulatory management to build a company around the go-to-market product and the inventor. Our studio model is intensely interactive; we usually start and always actively participate in growing the company. The startup and growth process is enriched by the daily involvement of the doctors and engineers who own the companies and, in most cases, invented the devices which create value for society.
We use a combination of private investment funds and federal and state research and development funds to support the development of devices and companies. We have had good success using SBIR programs to fund the very earliest stages of our client companies.