About this Program
The TMC Innovation Institute’s TMCx accelerator program pairs the resources of the largest medical center in the world with the innovative horsepower of entrepreneurs working in the areas of medical devices and digital health. Throughout the 4-month TMCx program, medical device startups engage with Texas Medical Center physicians, hospital stakeholders, VCs, entrepreneurs, regulatory and design experts, and others to refine their solution and business models.
With experts from 21 leading TMC hospitals and the TMC Innovation mentorship ecosystem, there is no better place to validate a solution and find product market fit for your early-stage health care startup. From product design to pilots, TMCx puts you in front of the right people and provides the best resources to help your startup navigate the complex web of health care.
What TMCx companies get:
As a member of the medical device 2019 cohort, you will get the following:
A highly-tailored curriculum – This isn’t your typical accelerator curriculum. Our guiding principle for curriculum is if you can Google it, we won't cover it. We developed lectures, workshops, and panels catered specifically to the needs of medical device companies, with input and participation from health care entrepreneurs, clinical stakeholders, design firms, venture capital, and law firms.
Topics covered are separated into two tracks: medical device and venture formation. Under the medical device track you will learn piloting in hospitals, engaging hospital stakeholders, product development, FDA regulation, reimbursement models, and design specific to healthcare. Within the venture formation track, topics include business model and value proposition refinement for healthcare stakeholders, raising funding, financial modeling, intellectual property pertaining software, and cap table and equity management.
TMCx mentorship ecosystem – TMCx has an expansive network of TMC clinical subject-matter experts, hospital administrators, industry partners, venture capitalists, designers, and entrepreneurs. Startups also have access and exposure to TMC corporate partners, including Johnson & Johnson’s JLABS@TMC and AT&T Foundry for Connected Health.
An amazing workspace – Housed in TMC Innovation’s 100,000-square-foot campus, startups have a dedicated work space with storage, Wi-Fi, free printing and scanning, and access to conference rooms. Startups will also have access to prototyping facilities at TMCx, while JLABS is equipped with 3D printers and rapid prototyping tools.
What we're looking for:
Companies that meet the following requirements should apply for consideration:
- You have at least one full-time founder
- You have a working prototype
- We have a preference for pre-revenue companies with previous pilots or early-revenue companies, but it is not required.
TMCx will be conducting a search for the best medical device solutions in development around the globe. A Texas Medical Center affiliation or current Houston residency is not required for the duration of the program, but selected applicants will be required to attend mandatory weekly curriculum in person.
Dates to know:
We select 15 companies for each cohort. The application process will be on a rolling basis, so it is to your advantage to apply as early as possible.
May 24, 2019 – Application deadline at 11:59 PM CST
June 28, 2019 – Application decision notification to applicant
TMCx Program dates:
August 5, 2019 – Program start date
November 7, 2019 – Demo Day
November 8, 2019 – Program end date
Learn more about us at tmcinnovation.org. If you have any questions, please feel free to email us at email@example.com.
- Accepts 15 companies
Biotechnology, Consumer Products, Healthcare Services, Medical Devices and Equipment, Nanotechnology