The Boston Biomedical Innovation Center (B-BIC) offers funding and resources to academic investigators in order to foster technology development and accelerate translational research on device, diagnostic, and therapeutic technologies for the well-being of patients and society.  B-BIC is currently focused on technologies aimed at improving patient care in heart, lung, blood, and sleep disorders.

FUNDING

B-BIC provides funding for: studies aimed at technology development and translational research; regulatory, legal, and business development expertise; and entrepreneurial training.  

B-BIC DRIVE grants provide up to $200,000 for direct costs, with significant involvement from the Center, to support milestone-based projects. DRIVE projects may take 18 - 24 months and are expected to include proof-of-value and validation studies for commercial translation of the technology.

B-BIC offers pilot grants up to $50,000 to support direct costs for one year.  Pilot projects may include feasibility studies as well as experiments to test the reproducibility of hypothesis-driven research with a goal of developing the commercial value of the technology. 

RESOURCES

Core Facilities

NEWS

B-BIC announces its first two DRIVE grant recipients

Seemantini Nadkarni, Ph.D., Harvard Medical School Assistant Professor at the Wellman Center for Photomedicine at Massachusetts General Hospital for continued development of a low-cost, bed-side blood sensor 

Jonathan Thon, Ph.D., Harvard Medical School Instructor in Medicine at Brigham and Women’s Hospital, and Joseph Italiano, Ph.D., Harvard Medical School Associate Professor of Medicine at Brigham and Women’s Hospital for continued development of an in vitro platelet bioreactor. l Full Story

 

UPCOMING EVENTS

Driving Discoveries through Partners HealthCare Innovation, October 2, 2014, 12:00-2:00PM (11:15 registration), Constant Contact InnoLoft, 1601 Trapelo Road, 1st Floor.  $50 SBANE members, $75 Non-members.  Click here for more information and to register. 

VC 101: Primer for Venture Capital and Funding Trends – October 2, 2014, 5:30PM Hi-Lab99% of startups will not get venture capital. Is your startup in the 1%? Learn how to increase your probability of starting a successful startup with Lou Berneman, Founding Partner, Osage University Partners. He will discuss how VCs approach investments and how funds, like Osage's, work with entrepreneurs and technology transfer offices to support university-originated startups. Please identify B-BIC in your registration to participate as a non-Harvard affiliate. Click here for more information.

Legal and Ethical Issues in Healthcare Start-Ups - October 6, 2014, 4:00-5:30PM @ Harvard Law. New healthcare start-ups face a range of legal and ethical challenges as they develop new products and services and solicit financial support from investors. The Petrie-Flom Center will host a discussion of the issues that past winners of the President’s Challenge have faced as they seek to move their ideas out of the lab and into the private sector. Co-sponsored by the Harvard i-Lab. Please identify B-BIC in your registration to participate as a non-Harvard affiliate.   Click here for more information. 

Dr. Diego Olego: Innovation & Entrepreneurship in a large global corporation, October 8, 2014, 6:30PM. Northeastern University, Michael J. and Ann Sherman Center for Engineering Entrepreneurship Education. For more information click here.

 Public Workshop.  Additive Manufacturing of Medical Devices:  An Interactive Discussion on the Technical Considerations of 3-D Printing. October 8-9, 2014.  Provide a forum for FDA, medical device manufacturers, additive manufacturing companies, and academia to discuss technical challenges and solutions of 3-D printing.  [FR Notice] .  Click here for the agenda. Registration is free, and attendance can be virtual. Click here to register.

Medical Device Development October 28-29, 2014 – applications due September 16, 2014 - Do you have an idea for a medical device, thoughts on how to improve a current device, or need insight on how to move forward with your idea? This two-day course will cover the process of identifying novel technologies, navigating intellectual property and regulatory considerations, and planning and executing pre-clinical and clinical studies through licensing and commercialization. Click here for more information

Realities of Commercializing Life Sciences in 2014 – November 3, 2014, 5:30PM @ Hi-Lab. Biotechnology start-ups have never faced a funding environment as difficult as we have today. Investing priorities have shifted toward late stage investments, while global financial uncertainty and a history of more failures than successes in biotechnology investing have reduced the amount of money available for early stage commercialization. How can the early stage biotechnology company adapt to face these challenges, especially with respect to pre-Venture Capital funding? Three entrepreneurs will discuss the realities of the commercialization landscape in 2014. Please identify B-BIC in your registration to participate as a non-Harvard affiliate. Click here for more information.

The Startup Founders’ Guide to Incorporating, Funding, and Governance, November 13, 2014,  6:00PM, Harvard Innovation Lab.  Join Endeca Co-Founders Steve Papa and Pete Bell as they simulate the founding and early growth of a company, walking through key terms and legal due diligence. You'll learn how to: manage the legal process for key founding milestones around incorporation, funding, and governance; allocate shares to founders, investors, and employees, and set terms around control, vesting, discounts, and participation. Please identify B-BIC in your registration to participate as a non-Harvard affiliate. Please identify B-BIC in your registration to participate as a non-Harvard affiliate. Click here for more information.