ATI and TechConnect announce the Medical Innovation Challenge, a non-dilutive $50,000 prize for innovators

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AUSTIN, TX, March 9, 2022 /PRNewswire/ — Advanced Technology International (ATI) and TechConnect today announced the first Medical Innovation Challenge. The challenge is designed to generate breakthrough innovations for the commercialization efforts of businesses and federal agencies. The Challenge is the first in a series of acceleration events sponsored by ATI.

“This is a unique opportunity for innovators to engage with three of the nation’s top technology research consortia, representing more than $20 billion in non-dilutive prototype financing authority. Our partner consortia manage technology needs across a wide range of programs, from Operation Warp Speed ​​to areas such as diagnostics, therapeutics, wearables, sensors, materials, AI, manufacturing fast and more,” said Matthew LaudonVice President – ​​TechConnect Division at ATI.

Top-ranked applicants will be invited to pitch their technologies in person to industry, investment and government leaders at the TechConnect Global Innovation Conference and compete for the $50,000 jackpot. The conference will take place June 13-15, 2022in washington d.c. All qualified applicants will receive a 12-month membership opportunity in the Medical CBRN Defense Consortium (MCDC) and the Countering Weapons of Mass Destruction (CWMD) Consortium. Other qualified winners will also receive a 12-month Medical Technology Enterprise Consortium membership opportunity.

“Joining the consortium brings a wide range of benefits to innovators, in particular the ease it creates for non-traditional entrepreneurs who want to participate in technology development with federal clients,” said mike stebbins, Ph.D., Executive Director of the CWMD Consortium and the MCDC Consortium. “The consortia involved in this challenge are committed to standards of excellence that open doors, and we are delighted to invite new companies to join our ranks through this program.”

Areas of focus fall into five main categories: Devices and Sensors, Digital and Hardware, Therapies and Treatments, Materials and Manufacturing, and Preparedness and Response. For more information about the challenge or to apply, visit https://techconnectworld.com/World2022/participate/innovation/medical_innovation_challenge/ on the web. To be considered, entrants must complete the online form by 11:59 p.m. (EST) to April 8, 2022.

About Tech Connect
With over 25 years of experience connecting emerging technologies with unique funding and partnership opportunities, TechConnect has the strongest research and innovation network in the world. It uses a wide range of tools to deliver cutting-edge technology, including open innovation programs, conferences, and open-access publications. Each year, TechConnect scouts, verifies and connects thousands of emerging technologies with corporate, investment, municipal and national defense customers. TechConnect is a division of Advanced Technology International. techconnect.org

About Advanced Technology International
ATI, a public service association based in Summerville, South Carolina, builds and manages collaborations that drive research and development of new technologies to solve our nation’s most pressing challenges. On behalf of the federal government, ATI, the largest recipient of non-traditional technology innovators, brings together experts from industry, academia and government to solve complex national security problems. ATI is a subsidiary of Analytic Services, Inc. (ANSER), a public service research institute organized as a not-for-profit corporation, dedicated to informing the decisions that shape the nation’s future. ATI.org

SOURCE ATI (Advanced Technology International)

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