To download the latest issue
Feb 25th, 2011
MEMS venture wins $27k in annual Michigan Business Challenge
MEMStim received $27,000 for best business and presentation, and outstanding team.
MEMStim sells MEMS electrode leads to medical device companies and won $20,000 for the Pryor-Hale award for best business, $5,000 for the Williamson award for Outstanding Business and Business/Engineering Team and won $2,000 for the Outstanding Presentation Award.
MEMStim plans to sell MEMS electrode leads to medical device companies for integration into their targeted nerve stimulation devices. Ultimately, the company is committed to improving the standard of patient care in neurostimulation. The two MBA students and Doctorate student that form the company team will use the award money to quantify regulatory risks and further prototype development.
More MEMS CORPORATE/FINANCE news