The Pittsburgh Venture Capital Association named Blue Belt Technologies Co-Founder Craig Markovitz winner of its 2016 Outstanding Entrepreneur Award.
Here are five things to know:
1. Mr. Markovitz was honored at the Pittsburgh Venture Capital Association's annual awards luncheon.
2. The PVCA's awards were created to recognize business leaders who are making outstanding contributions to the region's entrepreneurial and economic vitality.
3. Blue Belt Technologies proprietary technology, the NAVIO surgical system, provides assistance in partial knee replacement surgery.
4. The system is being implemented in both the inpatient and outpatient settings.
5. Smith & Nephew acquired Blue Belt Technologies for $275 million late last year.