The Medical Capital

The Medical Capital initiative is a collaboration of Cleveland’s internationally renowned clinical, educational, and research institutions, philanthropies, government, and economic development engines.

Convened by BioEnterprise, the initiative promotes the vibrant biomedical and healthcare industry in the 18-county Northeast Ohio region. The Medical Capital includes more than 700 biohealth companies, 30 clinical, research and educational institutions, 230,000 biomedical and healthcare workers, $650 million annually in research funding, and $200 million annually in private startup funding.
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Its signature event, the Medical Capital Innovation Competition, is a business plan competition for professionals and collegiate students with cash prizes and meaningful mentoring opportunities with Cleveland’s world-class healthcare institutions. The 2017 inaugural event attracted 180 applicants from 10 countries and 27 states, and yielded co-development opportunities to four teams.
To learn more about the competition visit