The SBA announced today that MedTech Innovator is one of 68 startup accelerators selected as a winner out of 400 applicants in the 2016 Growth Accelerator Fund Competition. As a first time applicant and winner of the competition, MedTech Innovator joins a growing network of accelerators driving innovation and small business growth in the US.
In making the announcement, SBA Administrator Maria Contreras-Sweet said: “SBA created the Growth Accelerator Fund Competition in 2014 as a way to make new connections and strengthen existing bonds within America’s small business support network, bringing entrepreneurs and innovators together and connecting them with local and national resources that support small business job creation and growth. These awards deliver on a longstanding commitment at SBA to strengthen and modernize these support systems especially in parts of the country where access to capital has been a major barrier to starting a business. This year’s winners show that our efforts are bearing fruit and further cementing our nation’s most pioneering accelerators, incubators and innovation hubs as major players driving America’s technology startup ecosystem.”
“The healthcare industry depends on innovative companies developing new technologies to improve patient care,” said Paul Grand, CEO MedTech Innovator. “Some of the most transformational startups are in geographically diverse regions, and our virtual accelerator program allows us to foster growth no matter where the company is based. We’re grateful to SBA and NIH for providing us with this award to help expand our reach.”
Read the full release at: http://prn.to/2cgxiGO