This funding opportunity is designed specifically for businesses like yours that are passionate about improving health outcomes for underserved populations. By applying, you can receive financial support to develop innovative medical technologies that are effective, affordable, and culturally acceptable. This program not only provides monetary assistance but also allows you to contribute to addressing critical health disparities that many communities face.

Partnering with a healthcare organization or public health agency is essential, as it ensures that your technology directly addresses the needs of those most affected by health inequalities. This collaboration enhances your project’s impact, making your business a vital part of the solution. In addition, being part of this initiative positions your business at the forefront of medical innovation, potentially opening doors for future opportunities and networks in the healthcare sector.

Getting started is straightforward, and you don't need to worry about strict revenue or employee requirements. The process is accessible, enabling you to focus on what you do best—developing technologies that make a difference. Don’t miss out on the chance to elevate your business and positively impact the health of communities in need.

Type of Financing

This program offers grant financing. Grants are funds that you don't have to repay, making them a great opportunity to support your projects financially without the added pressure of returning the money.

Repayment Terms and Interest Rates

Since this is a grant, there are no repayment terms or interest rates involved. You can use the funds and focus on your work without worrying about paying it back.

Eligible Expenses

The funds can be used for a variety of expenses, including:

• Development of medical technologies
• Research and translation of new methods
• Collaborations with healthcare organizations or public health agencies

Ineligible Expenses

Funds cannot be used for general business operating costs or personal expenses unrelated to the development of medical technologies aimed at reducing health disparities.

Fees Associated with the Program

There are no application fees or hidden costs linked to receiving these grants. It's straightforward funding specifically designed to address your project's needs.

• Location: Available across the country
• Sectors: All sectors are eligible
• Employees:
  • No minimum number of employees required
  • No maximum number of employees required
• Company Revenue:
  • No minimum revenue qualifications
  • No maximum revenue qualifications
• Legal Structure: All legal structures are applicable
• Profit Structure: All profit structures are applicable

Disqualifications:

• No specific disqualifications mentioned in the context provided.

This program focuses on reducing health disparities by supporting the development of medical technologies that specifically benefit underserved populations. If your business engages in creating or translating medical solutions, this funding opportunity is perfect for you. The goal is to advance technology that is effective, affordable, and culturally acceptable for those who need it most.

Your business can receive funding to develop innovative medical devices, imaging systems, or mathematical models that address significant health challenges faced by various groups. This means you have the chance to create technologies that are accessible and impactful, all while making a difference in communities experiencing health inequalities.

This funding typically requires a partnership with a healthcare organization or public health agency that serves these populations, ensuring your efforts are targeted and collaborative. By participating, you not only benefit financially but also contribute to a healthier society by addressing important public health needs.