Thursday, February 12, 2009

Medical Device Startup Grant Program—Rare Funding in Today’s Financial Environment

National Instruments recently started a grant program to provide $25,000 to aspiring entrepreneurs in the life science space developing medical devices. In this challenging financial environment it is rare to find funding for anything beyond bootstrapping.

The program covers class 1, 2, and 3 devices for any application related to diagnosing a medical condition. Just about anything is included.

Last years’ grant recipients included companies such as Techmed which makes a noninvasive imaging system to measure glucose during open heart surgery.

Kairos Instruments specializes in tools for live cell imaging with an emphasis on microscope stage top devices for environmental control and programmed manipulation of individual wells in multiwell plates.

Senior Scientific develops methods using magnetic sensors for early disease detection and cell localization

Best regards,
Hall T.

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