Healthcare company-building profile
National Capital Consortium for Pediatric Device Innovation (NCC-PDI)
Children's National Hospital with the University of Maryland, College Park (FDA-funded pediatric device consortium)
AcceleratorGovernment or nonprofit acceleratorNonprofitActive
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Government or nonprofit accelerator
- Organization
- Children's National Hospital with the University of Maryland, College Park (FDA-funded pediatric device consortium)
- Organization type
- Nonprofit
- Location
- Washington, District of Columbia
- Company stage served
- Not publicly documented
- Cohort or participation model
- Annual pediatric medical device competition and accelerator support for selected finalists
- Investment or funding offered
- Yes
- Published investment terms
- Non-dilutive; grant awards to winning teams (competition rounds have awarded amounts such as $250,000 in total prizes), no equity taken
- Equity or fee model
- No equity
- Clinical or hospital connection
- Not publicly documented
- Application status
- Active
- Founded
- 2013
Public description
About the program
NCC-PDI is an FDA-funded pediatric device consortium co-led by Children's National Hospital and the University of Maryland, College Park. It runs an annual pediatric medical device competition that awards non-dilutive grants and provides accelerator-style support, including regulatory, reimbursement and prototyping assistance. FDA has awarded the consortium multi-million dollar grants, and its competitions have included themed rounds such as COVID-19 pediatric innovations.
What the program publicly emphasizes
Focus areas and features
Pediatric medical devicesMedtech commercializationRare disease
- Category: Government or nonprofit accelerator
- Program structure: Annual pediatric medical device competition and accelerator support for selected finalists
- Published terms: Non-dilutive; grant awards to winning teams (competition rounds have awarded amounts such as $250,000 in total prizes), no equity taken
Sources
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