Insights

From the Lab to the Startup World: Lessons from CED’s Startup TNT Program

In June 2024, I moved to North Carolina to begin a Master’s in MedTech Innovation and Entrepreneurship through the Joint Biomedical Engineering Program at NC State and UNC Chapel Hill. With a background in academic research and engineering, I was excited to pivot toward the world of startups where innovation meets real-world impact. I knew I wanted to immerse myself in the startup scene in the Triangle area, and that’s when I discovered CED’s Startup TNT (Talent and Training) Program. What drew me to the program was the chance to support local startups, especially in biotech and medtech, while gaining hands-on exposure to what it takes to launch and grow a company.

As a Rotational Associate, I had the chance to contribute across multiple teams within CED.

Board Engagement: I had the unique opportunity to connect with CED’s Board Members and learn more about their professional paths and their commitment to fostering innovation in the region.

Connect to Capital: I learned how founders and investors are strategically matched, and how CED acts as a bridge between the two.

Startup Programs: I supported initiatives that help startups sharpen their pitches and scale effectively through the GRO incubator.

Business Development: I gained insight into the inner workings of a nonprofit, how partnerships are formed, how value is communicated, and how support is sustained.

One of the standout moments of the program was helping organize and run Venture Connect, a major highlight not only for me but for many others in the Associate cohort. This dynamic event brought together founders, investors, and leaders from across the startup community under one roof. Supporting the behind-the-scenes work and then seeing it all come to life was incredibly rewarding. The networking opportunities, the energy, and the exchange of ideas were unforgettable. This experience has been especially impactful as I am building a medical device startup as part of my master’s program. The insights I’ve gained, from understanding what investors look for, perfecting a compelling pitch, to navigating early-stage challenges, are already shaping how I approach my own venture. 

What really sets CED apart is the people. Everyone I met was open to new ideas and genuinely invested in our success, not just during the program, but in whatever comes next. That support extended beyond our rotations, too. Through career coaching and one-on-one conversations with experts, we got real guidance to help us take the next step in our professional journeys.

For anyone considering the Startup TNT Associate Program: go for it. You’ll get to see the inner workings of a thriving entrepreneurial ecosystem, connect with inspiring founders, and contribute to meaningful projects that support innovation. Most importantly, you’ll walk away with a deeper understanding of what it takes to build, grow, and support a startup.

I’m incredibly grateful to the CED team for creating such a rich learning environment for the Associates. This program has deepened my appreciation for the entrepreneurial community in RTP, and I’m excited to watch the region, and its startups, continue to flourish.

Rayna Patel is pursuing her Master’s in MedTech Innovation and Entrepreneurship through the Joint Biomedical Engineering Program at NC State and UNC Chapel Hill. Her anticipated graduation date is May 2025.