Healthcare Innovation Cycle for "MedTech" Solutions

MedTech is broad term for electro/mechanical medical devices. Tracking data has been added to show an example of an early stage team at risk due to a focus on technology. Select any Maturity Level to see the core Requirements or select the Requirements themselves to see a description of what is involved in completing a requirement and curated resources.

Note:To access the Resources that describe each Deliverable, use the Sign-in button above to create an account and then click on the Deliverable or the Innovation Maturity Level to see all Deliverables at that level and click on the one of interest.

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checklist.

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Requirement

Incorporation and Founders Agreement

Establish the legal entity under which you will conduct business and a founders' agreement: a legally binding contract, usually in writing, that outlines the roles, rights, and responsibilities of each owner in a business. It is designed to protect each founder's interests, set expectations, and to prevent conflict down the line.
A legal entity is needed for many transactions. It is important for a company’s founders to have an agreement among themselves even before creating an entity. Founders’ agreements are the product of conversations that should take place among a company’s founders at the early stages of formation rather than later in the life of a company.
There are many templates available, including free ones. However, if possible, it is always good to have a lawyer familiar with start-ups give you some (free?) advice.

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Regions/Markets