MD+DI Online is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Which Funding Source is Right for Your Medtech Startup?

Which Funding Source is Right for Your Medtech Startup?
No matter where your money comes from, there are pros and cons. The key is in deciding which source of funding is right for your medtech startup.

Oftentimes the highest hurdle separating an idea for a life-saving or -improving medical device from the patients who desperately need it is funding. Though venture capital for medtech overall has finally returned to pre–Great Recession levels, early-stage companies are still having a hard time getting the cash they need to get their innovations off the ground. 

But venture capital isn't the only option for cash-strapped medtech entrepreneurs. As this infographic from product design, development, and strategy firm Worrell shows, bootstrapping, crowdfunding, incubators, and government grants can also be viable sources of funding. 

No matter where your money comes from, there are pros and cons. The key is in deciding which source of funding is right for your startup.

Jamie Hartford, managing editor, MD+DI
[email protected]

[main image courtesy of DAVID CASTILLO DOMINICI/FREEDIGITALPHOTOS.NET]

Hide comments
account-default-image

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish