Medtech entrepreneurs of color hoping to secure a portion of more than $100,000 in cash and in-kind services have until Feb. 5 to apply to MedTech Color’s first pitch contest.
The organization launched the contest last month, inviting Black and Latinx founders in the healthcare space to pitch their ideas to investors and corporate sponsors. The entire contest will be run virtually.
Angelique Johnson, co-founder of MedTech Color and CEO of MEMstim, said the contest is looking broadly at entrepreneurs in the healthcare space. Entrepreneurs can be focused on traditional medical devices, software, healthcare apps and other technologies.
“Our top prize is $25,000 and that’s non-dilutive,” Johnson said in an interview in the current episode of the DeviceTalks Weekly Podcast. “It’s income for the company. No strings attached.”
Winners will also be eligible for assistance from sponsors including ResMed, Johnson & Johnson and other medical device companies.
For more details on the contest and to apply go here.
Johnson, who founded her own company after entering a pitch contest, says the contest presents a unique opportunity for the right effort led by Black and Latinx founders that are in the healthcare space.
“We’re looking for a company that has at least a minimally viable prototype or is heading in that direction,” she said. “Apply. You have nothing to lose. It’s a very short application.”
Johnson co-founded MedTech Color to help bolster medtech professionals – and patients – of color.
To hear Johnson’s interview click here.