Healthcare company-building profile
TMC Biodesign Fellowship
Texas Medical Center Innovation (Texas Medical Center)
Source-based profile
Program at a Glance
- Program type
- Accelerator
- Program category
- Health system accelerator
- Organization
- Texas Medical Center Innovation (Texas Medical Center)
- Organization type
- Hospital or health system
- Location
- Houston, Texas
- Company stage served
- Seed
- Cohort or participation model
- Not publicly documented
- Investment or funding offered
- Not publicly documented
- Published investment terms
- Not publicly documented
- Equity or fee model
- Not publicly documented
- Clinical or hospital connection
- Yes
- Application status
- Active
- Founded
- 2015
Public description
About the program
TMC Biodesign is a full-time, paid fellowship run by the Texas Medical Center Innovation Institute that assembles multidisciplinary teams of clinicians, engineers and business people to build healthcare startups. Fellows work through the identify-invent-implement innovation process, beginning with clinical immersion across TMC member institutions such as MD Anderson, Baylor College of Medicine and Texas Children's Hospital. The program supplies stipends and health benefits, prototyping funding, access to Medical Device Labs @ TMC, seed funding for startup formation, and workspace inside the TMC Innovation Factory. Originally focused on medical devices and digital health, the fellowship has since expanded to additional health technology categories, and teams graduate as incorporated companies rather than as projects.
What the program publicly emphasizes
Focus areas and features
- Category: Health system accelerator
Publicly documented people and network
Program leadership and alumni
- Program leader
- Thomas Luby, PhD — Chief Innovation Officer, TMC Innovation
- Notable alumni named in public materials
- 25 companies created since 2015; 65+ founders trained; more than 70% of medical device companies from the program raised significant funding within six months of finishing; $135M in total capital raised by program companies
Sources
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