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Medical Technology Enterprise Consortium
MTEC is a 501(c)(3) biomedical technology consortium. It collaborates with multiple government agencies under a 10-year renewable Other Transaction Agreement...
Medical Technology Enterprise Consortium
MTEC is a 501(c)(3) biomedical technology consortium. It collaborates with multiple government agencies under a 10-year renewable Other Transaction Agreement with the U.S. Army Medical Research and Materiel Command. MTEC has made 7 investments, including a December 11, 2025, grant to Cayuga Biotech.
General information
Firm type
Consortium
Location
Region
North America
Country
United States
City
Buffalo
Corporate office
Buffalo, NY, United States
Sector focus
Frequently asked questions
How does MTEC fund medical technology development?
MTEC uses a cooperative agreement with the U.S. Army Medical Research and Development Command. It issues request-for-proposals (RFPs) to its member organizations, who then compete for contracts. Projects are funded by the Department of Defense, with MTEC serving as a managing entity.
Can for-profit companies join MTEC?
Yes—MTEC membership is open to for-profits, non-profits, academic institutions, and government entities. As of mid-2025, the consortium includes over 370 members, ranging from small med-tech startups to large defense contractors.
What medical technology areas does MTEC prioritize?
MTEC focuses on technologies relevant to military medicine: combat casualty care, infectious disease countermeasures, surgical procedures, diagnostics, and medical simulation. Recent solicitations have included point-of-care diagnostics, advanced wound care, and neural health monitoring.
Is MTEC a family office or investment firm?
No—MTEC is a nonprofit consortium established under a government cooperative agreement. Its structure is that of a granting entity and project manager for Department of Defense medical technology R&D, not an asset manager or family office.
How are MTEC's projects selected and managed?
Projects are driven by USAMRDC mission requirements. MTEC releases RFPs in designated focus areas; member organizations respond with proposals. Proposals are evaluated on technical merit, cost, and timeline, and awards are made through a competitive process.
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