MTEC is launching this new “Prototype Acceleration Funding” opportunity to de-risk medical technology development by MTEC members in order to advance their readiness to secure follow-on funding. In other words, the Prototype Acceleration awards will provide funding by MTEC to “bridge” the technology maturation to a point where the MTEC member is able to secure follow-on funding. Follow-on funding is broadly defined to include both private and public sources of funding received at least 6 months after initiation of the work funded by the Prototype Acceleration award. Candidates for MTEC Prototype Acceleration awards must focus on technologies with military relevance.
Solution Brief Due Date: March 1, 2022, Noon Eastern Time Zone
Offerors must be MTEC Members in good standing.
MTEC currently has available a total of $1,000,000 for this program. The maximum request for funding for each Solution Brief should not exceed $250,000. MTEC anticipates that at least four awards will be made to qualified Offerors. [NOTE: MTEC will be the sole funder of the awards resulting from this RPP. Therefore, awarded projects will be technically and financially managed by MTEC professional staff. The Government will not provide funding in support of this RPP.] The Period of Performance (POP) is not to exceed 24 months; however, faster timelines are highly encouraged.
