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For the life science textile company PurThread Technologies, landing an exclusive deal to embed Eastman Kodak's antimicrobial agent into textiles was a major victory that deserved celebrating. But PurThread president and CEO Lisa T. Grimes has made sure the company also lauded smaller achievements along the way.
Small Business Innovation Research program (SBIR) grants can be a key source of funding for early-stage entrepreneurs ahead of seeking out venture capital and other types of investors, who would take shares of the company away from the founder.
Angel investors are wealthy individuals who are often former entrepreneurs.
Private equity is investment capital in a startup that is not quoted on a public stock exchange.
Reimbursement refers to how healthcare providers, including healthcare entrepreneurs and startups, are paid for their product or service.
Venture capital is an important type of financing for early-stage healthcare entrepreneurs and high-growth startups.
One of the toughest challenges for healthcare entrepreneurs can be the roadblocks they face from their potential customers: healthcare providers. The SwipeSense team learned to expedite the process by finding a number of champions within a healthcare institution.
The goals of TalkSession -- to increase the accessibility of mental healthcare, improve patient outcomes, and lower costs while maintaining HIPAA compliance -- were difficult to achieve on a national level, said the startup's co-founder and CEO Melissa Thompson.
Non-dilutive capital is money an entrepreneur receives that does not affect the ownership of the company.
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