Medical Device Business Catalyst (MDBC) focuses on ideas for devices from people who know the healthcare reality of today – typically doctors, nurses and other medical professionals.

Experience

Since 2004 MDBC has worked as an incubator for early-stage startups with a sole focus on innovative and patentable medical devices.

How much do they invest?

The funding amount is variable, but when they take a project in, the goal is always the same: To support the company in the phases that come before commercialisation. They give special support to developing a proof-of-concept and designing a prototype of the device in question.

How do they work?

You send a brief idea description to their team by mail. If you have sparked MDBC’s interest, they will invite you to a physical meeting, where you give a fuller presentation. They recommend that relevant patents are obtained, before you speak up about your idea to anyone.

This makes a difference to them

Startups with the potential for:

• A strong patent.
• A large market across borders.
• A quick journey to the market.
• An inclusion of disposables or disposable components.

They also value a great idea that is simple to grasp + good chemistry between their team and the founder/co-founders.