INNOVATION SHOWCASE
MedTech Innovator Awards Companies at the Forefront of the Industry By Neil Greenberg MedTech Innovator is the largest accelerator of medical devices in the world, and the premier nonprofit startup accelerator in the medical technology industry. Its mission is to improve the lives of patients by accelerating the growth of companies that are transforming the healthcare system. MedTech Innovator matches healthcare industry leaders with innovative early-stage and emerging growth medtech companies for mentorship and support. Founding sponsors include many of the most prominent healthcare companies, among them Johnson & Johnson, Baxter, Olympus Medical Systems Group, W. L. Gore & Associates, Inc. and numerous others. In October, MedTech Innovator held its 2020 MedTech Conference, the largest gathering in the industry, which awards a $350,000 grand prize and four $25,000
65 | HS&M SEPTEMBER/OCTOBER 2020
prizes to the winners. There are also several incubator space awards presented from JLABS, bringing the total to prize money to $500,000. Over 1000 applications came in from 45 countries, Here’s MedTech Innovator CEO Paul Grand explaining the organization and the competition: