Pediatric Medical Device Pitch Competition Offers $150K in Grants to Spur Innovation
By: Gavin Stern, Director of Publications
April 27, 2022
Categories: AAMI News, HTM Professionals, Medical Device Manufacturers
Recognizing the continued gap in the development and commercialization of medical devices for children versus adults, the National Capital Consortium for Pediatric Device Innovation (NCC-PDI), in collaboration with MedTech Innovator, is accepting applications through April 29 for its annual “Make Your Medical Device Pitch for Kids!” competition. The competition recognizes the wide range of unmet needs for diagnostic and therapeutic devices designed especially for children.
“While great advances are made in adult medical devices, children are often left behind because the pediatric market is small and there are not incentives to develop for pediatrics. This pitch competition helps to recognize and support the advancement of innovations that can specifically address the needs of pediatric patients,” said Kolaleh Eskandanian, PhD, MBA, PMP, vice president and chief innovation officer at Children’s National Hospital and principal investigator of NCC-PDI, in a press release.
Using a virtual format, semifinalists chosen from all submissions will make their first pitch on May 20. Up to six finalists selected from this first round will earn participation in a special pediatric-focused track of the MedTech Innovator accelerator program beginning in June 2022. These innovators will then participate in the competition finals in the fall 2022 where judges will award up to $150,000 in FDA-sponsored grants to the devices selected as most impactful and commercially viable.
In addition to funding, programs like the NCC-PDI pitch competition and MedTech Innovator accelerator program offer innovators access to expert insight and consultation to help overcome regulatory hurdles and advance the product’s development path.
“For years, doctors have been challenged by the lack of innovation in the pediatric space. Advancing technologies that address the unique developmental needs of children is essential to advancing pediatric health,” said William E. Bentley, Ph.D., Robert E. Fischell distinguished professor and director of the Robert E. Fischell Institute for Biomedical Devices at the University of Maryland, in a press release. “We look forward to welcoming viable innovations to this year’s competition, and to helping entrepreneurs take this important next step on the pathway to commercialization.”
NCC-PDI is one of five members in the FDA’s Pediatric Device Consortia Grant Program created to support the development and commercialization of medical devices for children. NCC-PDI is led by the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children’s National and the A. James Clark School of Engineering at the University of Maryland with support from partners MedTech Innovator, BioHealth Innovation and design firm Archimedic.
For more information and to apply for the upcoming NCC-PDI pitch competition, visit the MedTech Innovator website.