Medical Devices Business Funding for Asylees & Asylum Seekers

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Key Takeaways

$5M
Max Funding
48 hrs
Decision Time
$180B
US Medical Device Market
30%
Medical Device Companies Founded by Immigrants

Medical device entrepreneurship draws asylee engineers and physicians who combine clinical insight with engineering capability. Ukrainian biomedical engineers have launched diagnostics and monitoring device companies in the US. Afghan physicians who identified unmet clinical needs during their medical careers have founded medical device startups. Venezuelan engineers with backgrounds in instrumentation and process control have pivoted to medical device development.

What We Fund

Minimum: $20,000/month in medical device revenue (sales or contract revenue), 6 months operating, US entity, EAD.

Frequently Asked Questions

Can an asylee engineer get funding for a medical device company?

Yes. Medical device companies with EAD, US entity, and $20,000+/month in revenue qualify.

Can I get funded for FDA 510(k) submission costs?

Yes. Regulatory submission fees and consulting are valid business expenses.

Does contract manufacturing revenue count?

Yes. Revenue from contract manufacturing agreements counts toward qualifying revenue.

What is the minimum revenue for medical device funding?

$20,000/month in device or contract revenue, 6 months operating, US entity, EAD.

Can I use funding to hire a sales team?

Yes. Post-clearance sales team hiring is a common use of medical device working capital.

Do you fund Class II medical device companies?

Yes. Class I and Class II device companies with commercial revenue qualify.

Can pre-clearance device companies get funded?

Pre-clearance companies with contract revenue or grants may qualify on a case-by-case basis.

How fast can I get medical device business funding?

Decision within 48 hours. Funds in 3-5 business days.

Ready to fund your next chapter?

Bankable funds businesses, not immigration status. No green card required. Revenue-based decisions in 48 hours.

5 minutes to apply · No commitment · Decision within 48 hours

Ready to Get Funded?

Apply in 5 Minutes.
Decision in 48 Hours.

Up to $5M · 92% approval rate · No equity required · All visa types welcome

Start Your Application

No credit check to apply · Takes 5 minutes