MTEC Medical Technology Enterprise Consortium (USA)

Medical Technology Enterprise Consortium (USA) MTEC

Purpose and Program Overview

The Medical Technology Enterprise Consortium (MTEC) is a US-based consortium. It supports the development of innovative medical technologies. Its goal is to improve the health of US military personnel and veterans. These technologies also have civilian applications. MTEC works with government agencies, industry, and academia.

The consortium helps accelerate the development and deployment of these technologies. It does this by providing efficient access to US government funding opportunities. The broader role of MTEC is to foster collaboration. It connects a wide range of partners to address critical medical challenges.

MTEC’s funding is provided through an Other Transaction Agreement (OTA) with the US Army Medical Research and Development Command (USAMRDC). This structure is designed to speed up the contracting process.

Key Grant Details

  • Grant amount or funding range: Varies widely by project. Awards often have an initial funding of over $1 million.
  • Application open and close dates: MTEC issues multiple solicitations throughout the year. They do not follow a fixed cycle. Applicants must check the MTEC website for current opportunities.
  • Eligible industries or business types: MTEC members. This includes small and large businesses, academic research institutions, and non-profit organisations.
  • Required co-contributions: Cost sharing, including cash and in-kind contributions, is strongly encouraged.
  • Location/state/territory applicability: The MTEC is a US-based consortium. It is not an Australian grant program. Its primary focus is on advancing US military and civilian health.

Priority Sectors

Medical Technology Enterprise Consortium (MTEC) releases specific Requests for Project Proposals (RPPs). These documents outline the focus areas. Past areas have included combat casualty care, military infectious diseases, and regenerative medicine. The focus is on medical technologies that address the needs of military personnel.

Funding Scope

  • Minimum and maximum amounts per stream: Funding amounts are determined by each specific solicitation. Awards have ranged from $50,000 to $25 million in the past.
  • Categories or streams of funding: Funding supports prototype projects. These projects must advance a technology to a higher readiness level.
  • Project timeline or eligible funding duration: Project periods can range from 2 to 3 years.

Grant Amount in Total

The total amount of funding varies. It depends on the availability of federal funds for each program. MTEC has facilitated over $1.3 billion in federal funding since its inception.

Eligibility Criteria

  • Business structure or size: MTEC members can be small businesses, large businesses, academic institutions, or non-profit organisations.
  • Registered business location: MTEC is a US-based organisation. Australian businesses would need to join the consortium.
  • ABN/GST status: Not required. Applicants must be members of the MTEC consortium. Subcontractors do not need to be members.

Eligible Activities and Expenses

Funding supports prototype projects. This includes:

  • Research and development activities.
  • Prototyping.
  • Technology demonstrations.
  • Commercial development.

Assessment Process

This is a competitive program. Proposals are evaluated based on:

  • Technical merit.
  • Military relevance.
  • Value for money.
  • Availability of funds.

Recent Program Updates

MTEC releases new solicitations throughout the year. The consortium recently launched a new loan program for its small business members. It is called the MTEC Prototype Acceleration Bridge Loan.

Application Tips

  • You must be an MTEC member to submit a proposal.
  • Your project must fit the definition of a prototype and have a strong foundation of preliminary data.
  • Proposals must be directly relevant to the needs of the US military.
  • Connect with MTEC personnel before starting your proposal.
  • Form strong partnerships, as subcontractors are often needed.

Where to Get Help

Consider consulting with a professional grant specialist like Pattens Group. We offer initial assessments to review your business’s eligibility and evaluate how well your project aligns with the grant’s objectives. You can also visit relevant government websites for application templates and further guidance.

Check Your Eligibility Now

Disclaimer: This grants search engine exclusively searches for business grants and does not include community grants or grants for nonprofit organisations.

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