Clear Guide Medical has won the 2013 Maryland Incubator Company of the Year Award in the Life Sciences/Medical Device category. “The Maryland Incubator Company of the Year Awards honor the level of entrepreneurship achieved within our State’s business incubator network,” said DBED Secretary Dominick Murray. “The companies recognized today are bringing technologies to market, creating jobs and strengthening our State’s economy. Congratulations to this outstanding group of Maryland businesses.”
Winning companies were selected based on their goals and success in achieving their objectives. Judges considered factors such as technology or product development, intellectual property, increase in employee numbers, growth in revenue or earnings, engagement of significant customers and strategic partners, receipt of awards or grants, attraction of outside investors, innovation, self-sufficiency, impact on the region and usage of the incubator’s services. Clear Guide Medical is part of the Johns Hopkins University FastForward Business Accelerator.
About Clear Guide Medical
Clear Guide Medical, a spinout of Johns Hopkins University, provides innovative advanced image-guidance for needle-based interventions and diagnostics. The company was a finalist in Maryland's 2013 and 2012 Innovation, Corporate Excellence and Entrepreneurship (ICE) Awards, as well as a national top 10 University Startup in 2012. CGM is currently working on FDA clearance for its first generation device to be used with ultrasound-based interventions. The company has received over $1,200,000 in grants and awards and is seeking early stage private investment.
About the Maryland Incubator Company of the Year Awards:
Sponsored by The Maryland Technology Development Corporation (TEDCO), McGladrey, Maryland Department of Business & Economic Development (Maryland DBED), Maryland Biotechnology Center, Lonza and Saul Ewing LLP, the ICOY awards are chosen in several categories by a selection committee of regional industry leaders and early-stage investors. Award recipients benefit from publicity and gain greater credibility in the business, technology, and investment communities. For more information see http://www.mdincubatoraward.com/index.html
About the FastForward Business Accelerator:
FastForward is a catalyst for the advancement and commercialization of Johns Hopkins innovations. It includes:
A technology accelerator, housed in the Stieff Building, providing early-stage office and meeting spaces and labs for JHU startups;
An education center that leverages the expertise of JHU faculty and industry mentors to guide JHU students, postdocs and faculty in the entrepreneurial process, and
An innovation system, consisting of a comprehensive and proven process and management system that increases the probability of a startup’s success.
For more information, see http://engineering.jhu.edu/fastforward/who-we-are.html