Objective Stepwise Stapler is a proprietary engineered laparoscopic device. It carries out important tissue closure at the end of laparoscopic surgical procedures, providing vastly superior outcomes and greatly minimised fall-out compared to current closure devices Its adoption will bring improved patient healing outcomes, reduced medical infrastructure burden, and reduced financial burden to patients, the state, and medical insurers.Members of Stepwise’s core team have already attained instrumental experience through the successful commercialization of laparoscopy devices through startup Eon surgical; which was successfully acquired by multi-national firm Teleflex. This same expertise would bring Stepwise to similar footing in the product and market development process to bring its product to even greater heights. The core team includes over 80 years’ expertise involving mechanical engineering, biomedical engineering, and surgery.The proposed work in Phase 1 of the SME instrument fits into Stepwise’s overall plan to carry out a full assessment for its business model, on whether sales of the product under the Stepwise brand name, or licensing to an established brand would be more feasible. It would also allow Stepwise to confirm its OEM contract manufacturer, considering the material specifications, their specialities, and logistical connections to ensure a seamless supply chain Fields of science medical and health sciencesmedical biotechnologysocial scienceseconomics and businessbusiness and managementbusiness modelsengineering and technologymechanical engineering Programme(s) H2020-EU.3.1. - SOCIETAL CHALLENGES - Health, demographic change and well-being Main Programme H2020-EU.3.1.3. - Treating and managing disease Topic(s) SMEInst-05-2016-2017 - Supporting innovative SMEs in the healthcare biotechnology sector Call for proposal H2020-SMEInst-2016-2017 See other projects for this call Sub call H2020-SMEINST-1-2016-2017 Funding Scheme SME-1 - SME instrument phase 1 Coordinator STEPWISE LTD Net EU contribution € 50 000,00 Address Or towers, 27 habarzel st 6971039 Tel aviv Israel See on map Activity type Private for-profit entities (excluding Higher or Secondary Education Establishments) Links Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Other funding € 21 429,00