MedTech Color Pitch Competition is searching for the next generation of fearless founders innovating MedTech. African American and Hispanic founders are the fastest-growing demographics of entrepreneurs throughout history. These founders are best equipped to solve some of the world’s largest unmet needs. However, African American and Hispanic entrepreneurs are met with the greatest barriers to accessing capital. Launched in 2021, MedTech Color teamed up with industry-leading sponsors like Johnson & Johnson, ResMed, California Health Foundation, and others to award over $350K in non-dilutive capital and in-kind services to African American and Hispanic Founders to accelerate the growth of their Medtech startup. The MedTech Color Pitch Competition is a foundational start for medical technology early-stage startups creating innovative technologies. We’re looking for cutting-edge startups led by African American and Hispanic founders to take the stage for a virtual competition, showcase their products or services that will directly benefit patients, and tell their story of WHY.
We believe in a brighter future where the next world-changing business does not go unrealized.
MedTech Color is an organization that aims to advance the representation of persons of color in the medical device industry. We aim to build a cohesive community of leaders of color, increase the number of underrepresented executives who enter and stay in the industry, and drive thought leadership.
TIMELINE (subject to change)
Application opens: December 1, 2022 | Application closes: Jan 13th, 2023
Top 10 Startups Announced: Jan 24th, 2023 | Top 10 Accelerator: Feb 1 - Feb 28, 2023
We are seeking innovations in medical and/or wearable devices, diagnostics, digital health, health security, and more, that are in their seed stage and are raising equity rounds in the amount of $250K to $3M. Preferably, applicants will have prototypes and/or, at minimum, some proof of concept evidence and development. The startup must have a diverse founding team, management team, and or board of directors. To qualify, the company must be founded by an African-American or Hispanic individual(s).