A complete grant application requires the following components, which must be submitted together via the official application portal.
A complete grant application requires the following components, which must be submitted together via the official application portal.
Commercial Viability:
Does it have a defined market, a sustainable business model, and a practical "path to commercialization"? Key considerations include ROI, recurring revenue streams, and speed to market.
Innovation:
How novel is the idea compared to existing solutions?
Clinical Impact:
What is the potential to improve patient care or healthcare efficiency?
All applicants must review and accept our Waiver before submission. Submissions are not confidential. While we are not here to take your idea, applicants are encouraged to protect their own intellectual property (for example, by filing a provisional patent) prior to applying. Our goal is to provide resources, mentorship, and exposure to help you bring your innovation to market.
Primary grant applicants must be current medical students, residents and nursing students living in the United States. Engineers and other operators may join as team members.
Submissions should be for medical devices, digital health solutions, or diagnostics that are likely to follow the FDA 510(k) clearance pathway. Innovations requiring the Premarket Approval (PMA) process, such as pharmaceuticals or high-risk Class III devices, are not eligible for this competition