MTEC Small Business Contracting Conference & Expo Overview
MTEC, a non-profit health innovation consortium, is organizing the ContractReady Small Business Contracting Conference & Expo in Baltimore on June 15, 2023. The event will focus on various technology areas related to military medical roles of care and feature funding distribution details, project awards, and technology advancements. Join to explore opportunities in military healthcare innovation.
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ContractReady Small Business Contracting Conference & Expo Baltimore, MD , 15 June 2023 Jill Sorensen MTEC Chief Development Officer Executive Director MTEC Ventures Jill.Sorensen@mtec-sc.org
MTEC is a non-profit health innovation consortium of 546 members* serving the U.S. military medical enterprise *Current as of May 19, 2023 354 354 96 96 602 547 546 461 336 276 40 40 546 546 154 86 9 9 2018 2019 2020 2021 2022 2023 2016 2017 47 47
MTEC Technology Focus Areas 2023 Military Infectious Diseases Combat Casualty Care Medical info Systems, Training and Simulation Clinical & Rehabilitative Medicine Military Operational Medicine Chemical and Biological Threats Neuromusculoskeletal Injury Pain Management Regenerative Medicine Sensory Systems Traumatic Injury Predicting and countering lethal exposures Limiting the spread of infectious agents Telecritical Care Network Remote Medical Capabilities Medical Training and Education Physical & Cognitive Performance Musculoskeletal Injuries Mental Health Viral Diseases Bacterial Diseases Parasitic Diseases Brain Trauma, Blast and Burn Loss of Limbs, Tissue, Senses Hemorrhage
Funding Distribution per Sponsor 2%1%1% 2%1%1%1%0% 0%0%0% USAMMDA, $187M NMRC, $138M 4% 24% 6% CCCRP, $103M MOMRP, $98M 7% $802 MILLION MIDRP, $79M TATRC, $52M CRM, $48M 10% MSIS, $34M 17% USUHS, $16M ONR, $8M 13% DTRA, $7M 13% 244 awards to date, 62 completed, 8 products for sale, 70% to small bus
MTEC Project Awards Average TRL is 4/5 [Completed projects have advanced an average of 1 TRL during their PoP] TYPE OF TECHNOLOGY TYPE OF TECHNOLOGY ROLE OF CARE ROLE OF CARE Combination Combination Product Product, , 4% 4% First responders First responders Diagnostic Diagnostic, , 8% 8% Therapeutic Therapeutic, , 20% 20% Definitive Definitive care care 1 1 Forward Forward resuscitative resuscitative care care 4 4 Prophylactic Prophylactic, , 2% 2% 2 2 Model Development Model Development, , 3% 3% Mixed Tech Type Mixed Tech Type, , 5% 5% Information Information Technology Technology, , 32% 32% 3 3 Medical Device Medical Device, , 22% 22% Manufacturing Manufacturing, , 5% 5% Theater hospital Theater hospital
MTEC operates under prototype OTA TRL 4 TRL 4 7 7 MTEC s MTEC s sweet sweet spot spot
MTEC Commercialization Program Advanced Commercialization Services (ACS) Baseline Commercialization Services (BCS) MTEC Ventures Pitch preparation Introductions to potential strategic partners and investors Investment pitch sessions Educate Webinar series Mentor M-Corps Network Member connect Members only site Fund Commercialization grants Educational programs via Accelerators Licensing and co- development opportunities Identify gap funding needs Source non-dilutive funding opportunities Evaluate and recommend candidates for MTEC Ventures
Educate Alira Health Conflict Kinetics D&K Engineering Fort Defiance Industries JC3 MedMarc (May 31 Latham Biosciences Triple Ring Technologies GSA scheduling Medical Technology Investment MedTech Pricing and Reimbursement Strategies Regulatory strategies for Medtech Understanding the Military Customer Series May 31) George Mason University Rosalind Franklin University University of North Carolina University of Pittsburgh Uniform Services University BARDA Collaboration Opportunities with Military Labs MRDC Tech Transfer USAMRICD USAARL USAMRIID On Large Industry Magellan Federal Hewlett Packard Enterprise Henry Jackson Foundation Johnson & Johnson Thornhill Medical (July 26 ZOLL Medical July 26)
Mentor via M-Corps 5 Regulatory Partners 5 Regulatory Partners Assistance with Accelerated Review Program CMC Quality and Regulatory Affairs FDA Meeting Preparation and Representation FDA Application Preparation, Management, and Submission eCTD Software Platform for eCTD Submissions Regulatory Strategy and Due Diligence MedTech Strategy and Roadmap Development Submission Management 16 Business Partners 16 Business Partners Advanced Analytics Advisory Services Business Development Business and Investment Planning Coalition Development Cybersecurity eQMS management Finance and Financial modeling Government Relations Insurance IP Management Legal Procurement Market Access Market Research Management Consulting Pitch Deck Creation and Coaching Proposal Writing Strategic Alliances Strategic Communications Supply Chain Management 14 Tech Partners 14 Tech Partners AI and software solutions CMC, Non-clinical, Clinical, and PK Program Support Clinical trials Concepts and requirements development Design conception Device manufacturing eQMS management Industrial design and engineering Packaging Process validation Product testing environments Prototyping Quality management Ruggedization Sterilization UX design
Network via Member Connect Resuming in the Fall with: Resuming in the Fall with: Infectious Disease Logistics Sensory Organ Damage Simulation and Training Systems Wound Care
Fund - 2022 Commercialization Grants 13 Awards 2 awardees won $3,575,000 in non-dilutive funding 5 Awardees currently raising $30.5M in Seed or Series A funding Impact Impact Scope Scope Technology (TRL) Technology (TRL) M M- -Corps partner Corps partner Awardee Awardee Refinement of Haima s go-to-market strategy and clarify the clinical and economic value. Insights into the clinical and reimbursement strategies needed for launch. Decision to raise $20 M Series A. US market access strategy SynthoPlatefor Hemorrhage Control (4) Clinical trial protocol development Field Shield Wound Dressing (7) Won 3 year, $3.2M clinical trial proposal from JWMRP First clinical trial for any of our KeriCure Medical products. A huge win for us! Favorable analyses in financial model and commercialization options that include OTC via Amazon reignited interest by Lumen in continuing development. Actively raising $ 10 M Series A Therapeutic Cocktail for traveler s diarrhea (7) Commercialization analysis and financial model
Fund - 2023 Commercialization Grants Objective To provide non-dilutive MTEC awards that fund M-Corps partner engagement for the purpose of providing members professional services that advance commercialization readiness. Funding Available $500,000 total, up to $50,000 per award. Scope of Work Business, technical and strategic planning projects. Ninety percent (90%) of the funds requested must be used to support a partnership with an M-Corps Partner. Applicants are expected to use the M-Corps network for selection of outsourced services. https://www.mtec-sc.org/m-corps/
May 24, 2023 MTEC Business Sensitive 14 Advanced Commercialization Services (ACS) Advanced Commercialization Services (ACS) 244 Awards by Business Class and Technology Category 64 22 23 135
May 24, 2023 MTEC Business Sensitive 15 ACS ACS - - Awards Portfolio Awards Portfolio Funding by Technology Category Award Status Roles of Care Current TRL
Advanced Commercialization Services (ACS) Educational programs via cooperation with BARDA Accelerator Network Licensing and co- development opportunities Identify gap funding needs and source non-dilutive funding opportunities Evaluate and recommend candidates for MTEC Ventures
MTEC Ventures Review award progress to identify market gaps Provide targeted assistance Provide educational webinar series Portfolio Building MTEC Ventures Review Board Gap funding support for small business members raising early stage capital (Angel, Pre-seed, Seed, Series A & B) quarterly by sector by individual opportunity as needed Build Investor Network* Pitch preparation Access to Investor Network Investment pitch sessions Virtual TBI therapeutics pitches on May 18 Annual Meeting 2023 Fast Pitch breakout session Commercialization grants Prototype Acceleration awards Gap Funding Formed in April 2022 Affinity investors identified Providing quarterly pitch opportunities MTEC Ventures
Advancing Translational Research Review award progress to identify market gaps Provide targeted assistance Provide educational webinar series Portfolio Building Commercialization grants Prototype Acceleration awards Gap Funding Formed in April 2022 Affinity investors identified Providing quarterly pitch opportunities MTEC Ventures
Ways to Work with MTEC Become a member to propose solutions for funding Learn about MTEC Awardees Attend the MTEC Annual Meeting Leverage MTEC s resources (SMEs, educators, thought leaders) Conduct Technology Landscape Mapping Collaborate with the MTEC ecosystem
Questions? Jill Sorensen, MTEC Chief Development Officer jill.sorensen@mtec-sc.org Scan to Scan to Follow us on Follow us on social media social media Rick Satcher, Director of Commercialization rick.satcher@mtec-sc.org mtec mtec- -sc.org sc.org For more information on how to join, please visit https://www.mtec-sc.org/how-to-join/
