What is the Crab Trap? The Crab Trap is an annual pitch competition that is held on the second day of the BioHealth Capital Region Forum on September 24th, 2025. It's designed to spotlight emerging companies within the biohealth industry. Each year, five finalists are selected to present their innovative solutions to a panel of expert judges. The competition highlights entrepreneurs with commercially relevant diagnostics, medical devices, therapeutics, and other transformative health solutions. Winners are awarded cash prizes and/or Clinical Research Organization (CRO) services to accelerate their growth and development. If you're leading a company with groundbreaking ideas in biohealth, applying to compete in the Crab Trap could be a pivotal step for your business.
Considerations | Criteria |
Technical Feasibility & Intellectual Property | Demonstrated Proof of Concept |
Commercialization & Marketing Strategy | Have received Funding (dilutive/nondilutive) |
Leadership Team & Collaborations | Understanding Regulatory/Reimbursement Paths |
Funding to Date & Financial Projections | Clear Path to Market & Scalable |