Leveraging R&D Projects into Federal Funding

William Baron

Savvy medtech managers and directors know that some of the most cost-effective research and development funding available comes from the federal government. Millions of dollars can be obtained without giving up equity, paying interest, or relinquishing commercially significant intellectual property rights. In return, in order to stimulate the economy, the government wants a successfully developed product and a successful employer—clearly a win-win relationship. With the right expertise, medtech company leaders can successfully navigate the government’s formalized application process in an efficient and highly profitable manner.

Acquiring Government Funding

Strategic project planning is essential to a productive and profitable government grants and contracts program. Fundable projects may be self-contained or subprojects of a larger effort. Projects or subprojects should be well defined. Funding