New start-up, Impact Athletic, to manufacture athletic training equipment

A new start-up, Impact Athletic, is the latest company to emerge from the Michigan Medical Device Accelerator.

The business has grown within Tekna, Inc. over the past two years with the help of

Connections of the Michigan Medical Device Accelerator with the region’s existing health sciences infrastructure and related services.

In two weeks, Impact Athletic expects to complete its million dollar seed funding round from angel funders.

Impact Athletic will continue to rely on the intellectual property and assets of a line of athletic training equipment acquired from Tekna, Inc. of Kalamazoo. Tekna will continue to support Impact Athletic through the design and manufacture of products at Kalamazoo.

Kevin McLeod, Managing Director of MMDA, will be the CEO and President of the new company as he continues to work with clients in the MMDA portfolio. Ryan Colosky is vice president of marketing and sales.

The company, newly launched from the Device Accelerator, will start with four employees. If sales and marketing go as planned over the next 12-24 months, Impact Athletic could require 30-40 employees within three years.

“All manufacturing jobs will be at Kalamazoo,” McLeod said. “It’s a good local start-up. This is how the model is supposed to work. “

Two movable side tables used by sports trainers are already part of the company’s available products. Impact Athletic says Medic and Medic XL are designed to meet the rigors of the environment and the needs of today’s athletes. They are already used by more than 130 high schools, universities and professional sports teams in the United States.

Tekna CEO Kris Eager said the company looks forward to “supporting the initial product offering as well as the expanded line of athletic training products as Impact Athletic’s national marketing and sales launch will take place in 2013 “.

The Michigan Medical Device Accelerator supports start-ups, helping them connect to networks and resources available through its position in the Southwest Michigan First Group of Companies. The accelerator currently manages a portfolio of over 40 companies with products in various stages of development.

“The acquisition of Impact Athletic gives our model a head start, as the company’s product line has already proven its worth,” said McLeod, CEO of MMDA.

The Device Accelerator was established in 2009 by Southwest Michigan First to take advantage of the region’s strong medical device research and development environment.

Writer: Kathy Jennings, Second Wave Media
Source: Kevin McLeod, Michigan Medical Device Accelerator


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