The Texas Business Hall of Fame Foundation is proud to announce that Ryan Saavedra, the visionary entrepreneur behind Alt-Bionics, has been awarded the prestigious Shaun D. Kennedy Award of Excellence in Empathy & Innovation. This award recognizes Ryan’s unwavering dedication to creating innovative solutions for individuals with physical and developmental disabilities.
Alt-Bionics is a pioneering medical device firm with a mission to address the issue of expensive prostheses by providing cost-effective alternatives to the prosthetic market. Its primary objective is to leverage cutting-edge and affordable technologies in the development of medical devices that offer comparable form and functionality to higher-priced alternatives.
Ryan Saavedra, the well-deserving recipient of the inaugural Shaun D. Kennedy Award of Excellence in Empathy & Innovation, founded Alt-Bionics with a vision to revolutionize the assistive technology industry. His dedication to fostering empathy and understanding within the realm of medical technology has set a new standard for social entrepreneurship. The company’s remarkable innovations have garnered widespread recognition. Four months ago Alt- Bionics officially closed a second round of financing after raising $650,000, which brings the total investment since the inception in May 2020 to $923,000.
“It is my hope that Shaun would have been excited at the work we are doing to make these quality-of-life devices more accessible to those who need them. We will always stand by our mission and strive to be deserving of this award” said Ryan Saavedra, Founder of Alt-Bionics.
The Texas Business Hall of Fame Foundation acknowledges the significance of supporting entrepreneurial ambitions in various communities. To this end, they will present Saavedra with a generous prize of $15,000, further encouraging his mission to positively change the lives of individuals with physical and developmental disabilities.