Available Resources to Assist in Developing Your Invention.

James ThompsonTeam Lead, Engineering

Resources

• Center for Engineering Innovation• Center for Medical Innovation• Development Resources• Financial Resources

Center of Medical Innovation

• Links resources at:• Health Sciences• College of Engineering• School of Business• Tech Ventures

• Student Programs– Bench2Bedside– Biodesign Program– Pierre Lassonde Entrepreneur Center

• healthsciences.utah.edu/center-for-medical-innovation/

TVC

• Talk to your BTDM• Introductions to:

• Faculty• Entrepreneurs• Investors• Subject Matter Experts

• Potential corporate partnership• Examples

Development Resources

Utah Biodesign Program

• Undergraduate student design teams• Process

• Email brief description to Dr. Robert Hitchcock• r.hitchcock@utah.edu

• Idea is disclosed to TVC• Students select ideas at beginning of the course

(January)• Students assemble a design history file• Prototypes are developed and tested

• www.biodesign.utah.edu

Financial Resources

Corporate

• Submit your invention to TVC• Once the invention is protected (in 4 cylinder):

– Proactively seek opportunities• Tradeshows, conferences, partnering events• Talk to companies – introduce yourself and discuss tech

– Scientist to Scientist better than BD to BD

– Generate marketing materials – TVC– Keep marketing materials handy

• Bring to tradeshows, conferences, partnering events– Keep TVC in the loop

• www.tvc.utah.edu/tco/engine-funding.php• Steps

• 2 stroke – evaluation • 4 cylinder – de-risking and marketing• V8 – licensed

• Funding request in the 4 cylinder• De-risking technology (UU investing in your tech)• Inventor prepares short application and PPT slides• TVC finalizes slides and presents application• Group of entrepreneurs, investors and subject matter experts

review• Funding based on milestones to advance invention to

commercialization

The Engine

TCIP• business.utah.edu/programs/tcip/

SBIR• Consider starting a company• www.sbir.gov