Assistance in the Venture Capital Processes
SterlingTech can be the solution to many of the "holes" in your business plan. We enable you to provide the strongest possible business plan to assure your success in this phase of your business development
Proven Track Record The SterlingTech team has a proven track record of developing medical products with a major software component, in budget and with quick approvals. Venture Capital Firms are looking for a team with a proven track record and STS provides this to your organization.
"Proof of Concept" We have the experience needed to develop a "proof of concept" system that will showcase your technology in its best light. Your budget is tight and we provide the lowest cost solution to your "proof of concept" needs.
Minimize Cash Burn You do not have to invest in development resources that stretch your budget during the phases of your project when development is not needed. We focus on what is necessary - doing what is required, and only what is required. Our proven regulatory acumen of what auditors are seeking has led to the right choice of processes and deliverables, thereby avoiding the risk of rejection and promoting FDA and EU success.
Independent technology assessment We can provide an independent assessment report of the technical feasibility of your technology for your business plan.
Reliable project estimates We will work with your team to understand your technology and business plans. We will then develop the reliable estimate of costs and timeline that your funding sources demand.
Get your product to market, faster In order to reduce the funding obstacles you must bring a solid product to market in a fast and cost effective manner. We will leverage our experience with similar technologies to avoid the costs associated with starting a project from the ground up. We will utilize existing technology where it fits the best from a financial and regulatory approach. Developing your product "Right the First Time" means no costly rework and long regulatory delays.
Complete development of your basic Technology Our team has the training, experience and skills needed to work with your team to complete basic research on the technologies in your system
Proven Quality System Your development will be done under a proven quality system from the begriming, removing one more roadblock to product approval. The results of developing products under our Quality system have resulted in successful FDA and CE approvals.
Independent Test Your funding sources and the FDA will require that an independent party test the system to insure that it performs as promised. Utilize our team to address this need in a timely and cost effective manner
Innovation Through our diverse expertise, we help free up your team, in order for them to be more innovative for the organization.
Counterpart We believe in the team approach, understanding that forming a close alliance with your organization and integrating with your own teams is crucial to the success of the process. We work diligently, providing the highest quality, most expedient results for success.
"Been There Done That" Leverage our years of industry experience to develop proven solutions to all of your business plan needs. Use our deep contacts in the Medical Device industry to your best advantage.