Originally Published MX May/June 2001

Finance

Angel investors offer perspectives on what it takes for medtech entrepreneurs to get funding.

Flora Nguyen

We know what entrepreneurs of medical technology companies need most: money. The fact is that no matter how stellar the idea a medtech entrepreneur conceives, without sufficient capital to get that idea off the ground, it remains just that—an idea. Although the majority of funding for entrepreneurial start-ups comes from personal savings, family, and friends, the types of funding available to entrepreneurs of medtech companies have increased in number and complexity in recent years.¹ These sources include venture capital funds, microlending, credit, brokerage houses, and private equity.