# NEMIC (New England Medical Innovation Center)

> NEMIC is a Providence-based nonprofit HealthTech venture hub that helps medical-device, digital-health and healthcare-service innovators turn ideas into commercially viable businesses through specialist advice, education, accelerators and investor connections. Its free Rhode Island programs sit alongside consulting, global market-entry programs, memberships and workspace offerings.

- **Founded:** 2017
- **Headquarters:** Providence, United States
- **Founders:** Lydia Shin Schroter (Co-founder; board member; finance and investment expertise), Aidan Petrie (Co-founder; board member; medical product development and design expertise)
- **Products:** Health Innovator Pathways Program (HIPP), NEMIC Accelerator, EMPOWER, Consulting and advisory services, NEMIC Virtual Classroom
- **Notable:** June 2026 announcement reports 510+ startups supported and an estimated 367 jobs created or supported., Accelerator page reports $130M+ raised by fellow startups and $2.9M in grants to support programming and fellow pre-seed investments; metrics are self-reported., NEMIC reports assisting SMöLTAP through five prototype rounds, FDA classification, testing and a $500,000 fundraising round.

## Products & services

- **Health Innovator Pathways Program (HIPP)** — Flagship education program, formerly MedTech Leadership Program; 55+ hours of seminars, workshops, mentorship and individual advisory sessions. Free tuition for eligible Rhode Island residents, employees and students; August-December 2026 cohort advertised.
- **NEMIC Accelerator** — Milestone-based HealthTech business acceleration with biweekly advice, program management, investor and provider networks, and Virtual Classroom access. Free for eligible Rhode Island participants.
- **EMPOWER** — Health and wellness business support for underrepresented Rhode Island founders; selected accelerator participants can access up to $10,000 in support. Applications currently shown as closed.
- **Consulting and advisory services** — Clinical and IP evaluation, regulatory strategy, market assessment, financial planning, diligence, fundraising, grant applications and development roadmaps.
- **NEMIC Virtual Classroom** — Asynchronous online learning about regulated medical and digital-health technologies for learners in and outside Rhode Island.
- **Global and domestic individualized programs** — Tailored commercialization support including a US accelerator typically lasting three months, immersion bootcamps typically lasting one week plus planning, and expert pitch roundtables.
- **Workspace, membership and sponsorship** — Private offices, coworking, professional connections and events; services page lists coworking starting at $175 without specifying a billing period.

## Achievements

- June 2026 announcement reports 510+ startups supported and an estimated 367 jobs created or supported.
- Accelerator page reports $130M+ raised by fellow startups and $2.9M in grants to support programming and fellow pre-seed investments; metrics are self-reported.
- NEMIC reports assisting SMöLTAP through five prototype rounds, FDA classification, testing and a $500,000 fundraising round.
- NEMIC announced receipt of the 2026 Providence Business News Innovative Companies Award in Health Care Innovation.

## Latest updates

- **2026-10** — Lara Zimmerman joined as Director of Consulting + Innovation Programs; Lily Badiani joined as fall intern.
- **2026-08** — HIPP page advertises an August-December 2026 cohort with Monday-evening classes and Saturday workshops.
- **2026-07** — NEMIC announced its PBN Innovative Companies Award for Health Care Innovation.
- **2026-06** — Jennifer Hoffmann was promoted to president.
- **2026-04** — NEMIC celebrated fellow Lenoss Medical’s $6 million growth bridge financing; this is Lenoss funding, not NEMIC funding.

## Links

- Website: https://nemic.org
- LinkedIn: https://www.linkedin.com/company/nemichealth/
- Twitter/X: https://twitter.com/NEMICenter
- YouTube: https://www.youtube.com/watch?v=aEhMmVBz4mM
- Instagram: https://www.instagram.com/nemichealth
- Facebook: https://www.facebook.com/nemichealth/

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Published by YesPress — https://yespress.io
Last updated: 2026-10-07