The National Capital Consortium for Pediatric Device Innovation (NCC-PDI) has announced a competition to develop new technology for pediatric care. The competition will award up to six prizes of $50,000 for innovative medical devices.

The competition, which will be held at the Pediatric Device Innovation Symposium hosted by the Sheikh Zayed Institute for Pediatric Surgical Innovation at Children's National Health System, invites researchers and clinicians to develop pediatric medical device concepts. Each device will be evaluated by a panel of judges, and winners will be awarded prizes as well as consultation services from the FDA-funded consortium.

"Receiving the symposium award was the start of great things for Velano, as it provided essential funding, expert services and validation that served as a bedrock for venture capital investment, FDA clearance and commercialization in hospitals nationwide," said Eric M. Stone, Velano Vascular's CEO and winner of the 2014 competition and a member of the 2017 symposium planning committee. "The Sheikh Zayed Institute and the competition are critical to the future of innovation for pediatric devices and we are grateful for their support and efforts to help our kids."