A Naples-based company took the top prize at the VentureTech Showcase in Tampa.
Catalyst OrthoScience LLC, which has developed what it describes as a “breakthrough product” for shoulder-replacement surgery, beat out 13 other contenders to be crowned the “best growth stage” company in Florida.
The grand prize award came with a check for $100,000 and no strings attached.
“It absolutely helps. You know when you are in startup mode every dollar helps,” said Steve Herrington, Catalyst OrthoScience’s CEO and a 27-year veteran of the medical device industry.
The company, he said, plans to spend the prize money on research to support its total shoulder replacement system, and on improvements to its product delivery to customers.
