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Biomedical Engineering Innovation, Design & Entrepreneurship Contest Phil Weilerstein, NCIIA

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Biomedical Engineering Society Annual Meeting - Nashville, TN Presentation to the Biomedical Engineering Society October 2, 2003. Biomedical Engineering Innovation, Design & Entrepreneurship Contest Phil Weilerstein, NCIIA Jay Goldberg, Marquette University. Vision.

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Biomedical Engineering SocietyAnnual Meeting - Nashville, TNPresentation to the Biomedical Engineering SocietyOctober 2, 2003

Biomedical Engineering Innovation, Design & Entrepreneurship Contest

Phil Weilerstein, NCIIA

Jay Goldberg, Marquette University

vision
Vision
  • A national biomedical product design competition:
  • competitive opportunity to learn about the design, development and commercialization process
  • brings the academic and industrial biomedical engineering communities together to learn, and create commercially valuable innovations.
goals
Goals
  • To encourage and recognize the development of innovative, commercializable medical devices and technologies by entrepreneurial student teams (E-Teams) from BME programs and other disciplines.
  • Create awareness and interest in entrepreneurship among students and faculty
  • Expand engagement of industrial partners in the educational process
e teams
E-Teams
  • E-teams are multidisciplinary teams of students, faculty, and industry advisors who work together to develop a product or technology with potential for commercial success. E-Teams bring learning beyond the classroom and into the real-life experience of commercial development.
objectives
Objectives
  • a self-sustaining, high quality competition
  • opportunities for hands on experience in product design, development, and entrepreneurship
  • a forum for emerging resources and best practices
who is involved
Who is involved?
  • Graduate and undergraduate students:
    • In teams originating from senior capstone design courses
    • In independent teams
  • Academic departments or schools
  • Professional clubs or societies
requirements
Requirements
  • Engineering, science and business students (at least one BME student per team)
  • Faculty advisor/sponsor
  • Industry mentors
  • Funding
  • Access to laboratories, shops, etc.
schedule
Schedule
  • October ‘04: Initial entry/statement of intent
    • Short descriptive entry
    • Multiple teams at local level
    • Semifinalists selected in early spring
    • 1 per school
  • June ‘05 - Final entry due
    • Winners announced at BMES
application
Application
  • Full application includes
    • Objectives
    • Design documentation
    • Prototype of design
    • Proof of solution
    • IP summary (min. of prior art & patentability)
    • Regulatory pathway and strategy
    • Market analysis
    • Condensed business plan with strategy for commercialization
evaluation criteria
Evaluation Criteria
  • Meets needs of a clearly identified customer
  • Solves a clinical problem
  • Innovative solution that meets technical, market, regulatory & legal requirements
  • Novelty and utility of design
  • Potential to reach underserved populations
  • Commercialization potential
  • Ability to execute plan
judging
Judging
  • Panels of judges including representatives from industry, academia & clinical settings will evaluate finalist proposals potentially in concert with an industry product design contest.
progress
Progress
  • Draft proposal reviewed by planning group
  • Council of Chairs endorsement
  • Identified 30+ institutions for pilot launch
  • Developed larger planning group
  • Industry group endorsement pending
get involved
Get Involved
  • Phil Weilerstein, Executive Director
  • [email protected]
  • NCIIA
  • 100 Venture Way
  • Hadley, MA 01035
  • Tel. (413) 587-2172 Fax. (413) 587-2175
  • [email protected]
  • Jay Goldberg
  • Director, Healthcare Technologies Mgt Program; Assistant Professor of BME
  • Biomedical Engineering
  • Marquette University   
  • Milwaukee, Wisconsin 53201
  • [email protected]
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