The MCA Startup Development program supports the development of technology-based startup companies during a [9] month program designed to help existing startups improve the viability of their product and market strategy.

The Startup Development Program serves technology-based companies that have a validated product or service along with a comprehensive business model looking to further develop their product, test and refine their business models, and receive training and support in the areas of company creation, product development, intellectual property protection, regulatory compliance, legal issues, tax and accounting, marketing, and venture investment.

Participating startups will be eligible for business software support, regular training sessions, networking opportunities with mentors, access to the MCA resource network of service providers, Cardwell Collaborative facilities access and workspace, and special event programming.

The program will conclude with a demo day and investor pitch, and companies completing the program will be eligible to apply for MCA Innovation Center funding. Interested applicants must have already formed a company.

Timeline & Application Submittal Information

Application Release Date June 29, 2018

Questions Due from Applicants
August 1, 2018 by 3:00 pm MT

Answers Posted
August 8, 2018

Applications Due
September 4, 2018 by 3:00 pm MT

Finalist Interviews
Week of September 17, 2018

Winners Announced
September 20, 2018

Please submit all questions to nancy@mcamericas.org by August 1, 2018. Answers to all questions received will be posted on the MCA website (www.MCAmericas.org) by August 8, 2018.

Applications may be submitted until September 4, 2018 at 3:00 pm using the online form below. MCA Innovation Center may request additional information from applicants and/or schedule phone or in-person interviews beginning September 17, 2018. Successful applicants will be notified by September 20, 2018. Winners will also be posted on the MCA’s website.

Application Questions

Please provide as much relevant detail as you can for the following questions. It is not expected that all applicants will have thorough answers to all questions. Do the best you can. MCA Innovation Center programming and support will help participants address these areas as they develop their businesses. Please submit only non-confidential information.

ELIGIBILITY, EXCLUSIONS & REQUIREMENTS

To be eligible to participate in MCA Innovation Center programs, applicants must meet the following eligibility requirements:

  • All innovators, entrepreneurs, and companies with a technology focus are encouraged to apply.
  • Preference will be given to companies that focus on healthcare and life sciences, or that have technology applications that can impact the life sciences industry. Preference will also be given to companies utilizing technologies that come from regional (El Paso, Texas; Northern Chihuahua, Mexico; southern New Mexico) universities or spinning out of regional companies.
  • All participants must be at least 18 years of age.

Exclusions from eligibility from participation in the MCA Innovation Center include, but are not limited to, the following:

  • Company or proposed company activities cannot include any of the following:
  • the operation of any private or commercial:
    • golf course
    • country club
    • massage parlor
    • hot tub facility
    • suntan facility
    • racetrack or other facility used for gambling
  • the sale of alcoholic beverages
  • farming
  • the sale or rental of residential real property
  • retail businesses with brick and mortar storefronts
  • investment in the securities of other entities
  • gaming and gambling businesses
  • entertainment-related establishments
  • single-purpose productions (e.g. movies, albums, concerts) Individuals involved, company or proposed company activities cannot be excluded from participating in federal government programs.
  • Employees of the Medical Center of the Americas Foundation or its affiliates, and immediate family of employees are not eligible to apply.

All applicants accepted into MCA Innovation Center programs are REQUIRED to do the following:

  • Startup Development Program participants are required to attend weekly training sessions on Thursday evenings. Attendance is encouraged, but not mandatory, for Innovator Program participants.
  • Develop a progress plan with MCA Innovation Center staff with agreed upon activities and milestones.
  • Attend monthly office hours with MCA Innovation Center staff to discuss progress to date and evaluate next steps.
  • For companies participating in programming, we require semiannual updates to MCA regarding employment, financial activity, and fundraising during the award period and for a period of 5 years following the acceptance. MCA will not disclose any information not made public by your company, but may disclose data regarding job creation and capital investment aggregated across Cardwell Collaborative companies.
  • Abide by all Cardwell Collaborative building and facilities rules at all times.

MCA reserves the right to remove individuals and/or companies from any of its programs for misconduct or any other reasons the staff or board find necessary.

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