This service is designed to
help health technology startups discover a potential market for a proposed innovative medical technology or unique healthcare
IT solution. Moreover, it involves uncovering the competitive nature of an identified potential market, market size
and industry conditions associated with the proposed technology concept.
Sample Work Product: Social Robotics Market Analysis Report
Business Plan Development
The business plan is a key strategic document that indicates how a health technology startup intends
to cost-effectively execute its business development functions, e.g. Marketing, Management and Finance, which help grow the
company. We work with our clients to produce a business plan that helps the company and its medical technology or healthcare
IT solution establish a solid position in a designated market.
Sample Work Product: Social Robotics Business Plan
Business Model Development
This service is designed to help health technology entrepreneurs build a business case for their startups. The business
model is composed of building blocks that play a role in supporting the company's ability to attract potential customers,
offer an innovative technology that meet customers' needs and generate profits. We help our clients assemble and fully develop
the building blocks so that they can establish an effective business case for their health technology startup.
Small Business Innovation Research (SBIR)
We help health technology startups
use their business strategy documents, e.g., market research, business model and business plan, to prepare an effective National
Institutes of Health (NIH) and the National Science Foundation (NSF) Phase I proposal and win a $225,000 seed grant. Small
health technology firms can use the NIH or NSF seed grant to produce innovative medical technologies or unique healthcare