Biomedical Innovation Program (BIP) - Track 3: Digital health

Biomedical Innovation Program (BIP) - Track 3: Digital health is sponsored by Oregon Health & Science University (OHSU). This funding track supports novel and innovative ideas that use digital technology to improve healthcare delivery or advance biomedical research with the potential for commercialization, achieving cost savings, improving research efficiency, improving quality of patient care, an…

Biomedical Innovation Program: From Academia to the Marketplace | OHSU Oregon Clinical and Translational Research Institute Oregon Clinical and Translational Research Institute Hear from BIP awardees about their successes developing biomedical ideas and technologies. The Biomedical Innovation Program (BIP) at OHSU accelerates the delivery of healthcare technologies in order to improve human health.

The program cultivates, evaluates, and funds promising translational projects with the objective of moving innovative technologies to clinical application through commercialization. Review program services in the diagram below. Track 1: Device, diagnostic, and software Track 1: Device, diagnostic, and software This funding opportunity is intended for medical device and diagnostic technology projects.

Through this funding mechanism, OCTRI, and OHSU Innovates, intend to support and accelerate creative, interdisciplinary device, diagnostic, and software development research at OHSU. Projects will typically be supported for a one-year period. Predetermined milestones and quantitative metrics of success will be evaluated on a regular basis.

Eligibility : Principal Investigators must meet the OHSU eligibility requirements . View the Device, Diagnostic and Software RFA for details about the submission process, eligibility, and application instructions. Track 2: Drug discovery and therapeutics development Track 2: Drug discovery and therapeutics development This funding opportunity is intended for drug discovery platforms and therapeutic technology projects.

Examples of responsive application topics include but are not limited to: development and validation of drug targets, screening platforms, small molecules, antibodies, vaccines and biologics. Through this funding mechanism, OCTRI, and OHSU Innovates, intend to support and accelerate creative, interdisciplinary drug discovery and therapeutic development research at OHSU. Projects will typically be supported for a one-year period.

Predetermined milestones and quantitative metrics of success will be evaluated on a regular basis. Eligibility : Principal Investigators must meet the OHSU eligibility requirements. View the Drug Discovery RFA for details about the submission process, eligibility, and application instructions.

This track of funding is intended to support novel and innovative ideas that use digital technology to improve healthcare delivery or advance biomedical research with the potential for commercialization, achieving cost savings, improving research efficiency, improving quality of patient care, and/or reducing provider burnout. Grants will be awarded on a competitive basis, with budgets not to exceed $30,000.

Additionally, each awardee will be assigned a project manager and a mentor to advise and help accelerate their project towards commercialization. Projects will typically be supported for a 6-month period; predetermined milestones and quantitative metrics of success will be evaluated on a regular basis. Eligibility : OHSU employees and students.

BIP application resources Need help preparing your BIP application? Check out these vetted resources. Please note: the links and resources provided below are not meant to comprehensive, but rather to give applicants an introduction to concepts and terminology which may be unfamiliar.

There are numerous online marketing and commercialization (introducing a new product or service into the market) resources. The following websites provide well-curated, concise articles and videos covering topics that are generally suited for beginners to the commercialization process. Stanford Biodesign resources and video ( website ) Need assistance with searching the literature for your BIP application?

Get support from the OHSU Library Market Research Lab: Intelligence Research with GlobalData Need assistance with market research for your technology or idea? Survey the competitive landscape with GlobalData Medical . Schedule an appointment with OHSU's Market Research Lab .

Market analysis documents Marketing and stakeholder analyses help identify key competition, opportunities, potential investors, and the economic environment within your innovation’s specific industry. 5 Keys to Conducting a Market Opportunity Analysis ( blog ) Stakeholder Analysis ( article ) Stakeholder analysis worksheet ( ppt ) Survey the competitive landscape.

Access to competitive market intelligence platforms may be available for this purpose. Please contact BIP staff. Value Proposition and the business model canvas Creating a value proposition and populating a business model canvas allows you to identify the problem and solution, determine who will benefit, and predict the value of the proposed technology over existing solutions.

Value proposition canvas ( video ) How To: Business Model Canvas Explained ( article ) Business model canvas template Customer Discovery is a hypothesis driven investigation into who will use your product, what will they get out of your product, and how they will acquire it. Customer Discovery: Who Do You Ask? ( video ) Customer Discovery: What Do You Ask?

( video ) Intellectual property and regulatory compliance Intellectual Property 101 ( website ) Seven step strategy from the United States Patent and Trademark Office ( website ) Search and read the full text of patents from around the world with Google Patents Depending on the innovation, specific regulatory pathways must be followed to ensure adherence to federal guidelines (e.g. FDA).

Inventors should have a general understanding of the regulatory compliance requirements related to their innovation. Regulatory Basics from the Stanford Biodesign program ( video ) Elevator pitch and exit strategy Elevator pitch and pitch deck Developing effective elevator pitches and slide decks are essential tools for promoting your technology and attracting investors in a concise, clear, and engaging manner.

Scientists, Here’s the Best Elevator Pitch to Sell Yourself to a Potential Employer ( article ) The 7 Key Components of a Perfect Elevator Pitch ( article & video ): How to Develop a PowerPoint Pitch Deck for Biotech Investor Presentations ( article ) Identifying clear commercialization pathways is important for the success of a potential technology, whether it be determining licensing potential, startup opportunities, or pursuing adequate intellectual property protections to ensure maximum success.

From Lab to Market: Pitt Commercialization Process ( website ) A non-confidential summary (NCS) serves as a technology advertisement to attract potential licensees, investors, or other business partners without compromising key intellectual property. Non-Confidential summary example and template ( doc ) Attention entrepreneurs! Thinking of forming a start-up company?

OHSU Collaborations & Entrepreneurship - New Ventures has you covered. Funding for entrepreneurs The Biomedical Innovation Program is a partnership between OCTRI, OHSU Technology Transfer, and OHSU Collaboration and Entrepreneurship.

Additional funding for the program has been provided by: OHSU Office of Research and Innovation Welch-Allyn, a Hillrom company Learn more about resources in OHSU Technology Transfer that can help you commercialize your research. Explore past BIP-funded projects and award recipients here .

Check out the outcomes report for the OCTRI Innovation and Pilots Awards team Review the 2019-2023 report Market Research Lab: Intelligence Research with GlobalData Need assistance with market research for your technology or idea? Schedule an appointment with OHSU's Market Research Lab . Looking for more opportunities?

Check out our Innovation and Entrepreneur Education web page .