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9210 Corporate Boulevard, Suite 470, Rockville, MD 20850
Maryland Health Care Product Development Corporation (MHCPDC) is a supporting organization of the Tech Council of Maryland (TCM). Its goal is to stimulate growth of the biomedical industry in the state through "early stage" investment with promising Maryland biomedical and medical technology companies. The corporation will support TCM's work in Maryland and the region by assisting emerging companies with management advice, market research, technical assessments and "early stage" financing.
The corporation's investments range in amounts from $250,000 to $1 million. MHCPDC expends significant efforts to identify and secure matching investments from commercial and state financing entities. MHCPDC's "partnership" approach to working with investment candidates is reflected in its ongoing, direct participation in the business development of its portfolio companies.