Post on 21-Oct-2014
description
transcript
Informational
WebinarJanuary 29, 2014
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Speakers
On the call today:
• Lenzie Harcum, Director, Life Sciences and Healthcare Technology, NYCEDC
• Andrew O’Shaughnessy, Project Manager, NYCEDC
• Graeme Ossey, Challenge Manager, Health 2.0
• Jean-Luc Neptune, Senior Vice President, Health 2.0
1
Agenda
• Eds & Meds NYC 2020• What is Pilot Health Tech NYC?• How It Works• Eligibility• Timeline• Matchmaking Sessions• Submission Requirements• Evaluation Criteria• Prizes & Perks• Q & A
2
Eds & Meds NYC 2020
• NYCEDC’s strategic overview of the NYC life sciences and healthcare technology sectors
• NYC is uniquely positioned to become a hub of healthcare technology innovation and entrepreneurship
• Part of a portfolio of NYCEDC initiatives– Pilot Health Tech NYC– Entrepreneurship Lab for Bio & Health Tech– SBIR Impact NYC– Life Sciences Incubator– Other initiatives on the way
3
What is Pilot Health Tech NYC?
• NYCEDC program matches early-stage healthcare technology companies ('innovators') with key NYC healthcare service organizations or individuals ('hosts')
• Provides a total of $1M in funding to pilot projects to take place in NYC
• Facilitates pilot projects that address defined needs of the healthcare industry and test technologies in a healthcare setting for 4 – 9 months
4
Timeline
• Introductory Webinar: January 29
• In-Person Information Panel: February 5
• "Find a Pilot Partner" Form Deadline: February 17
• Matchmaking Sessions: March 11 - 12, 3-6pm (save the date!)
• Joint Innovator-Host Application Deadline: May 23
• Winners announced at the 'Pilot Day': June 25
11
Timeline
For winners only:
• Grantee day: July 2014
• Pilot Implementation reports: August onwards
• Conference exhibition opportunity: October 2014 (TBD)
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How To Submit A Proposal
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Host Eligibility• The 'host' may be a healthcare organization,
foundation, employer, or other entity with a strong presence in NYC (e.g. large employer, disease foundation, hospitals, physician clinics, payers, pharma, universities, nursing associations, etc.) and must meet the following eligibility criteria:
– Serving no fewer than 150 patients (if a provider) in the NYC metropolitan area
– Employer organizations must employ at least 250 people
– Ability to allocate time and resources to plan and implement the pilot project
– Allocate one business-minded champion to shepherd project
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2013 Winning Hosts Included:
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Innovator Eligibility
• The 'innovator' must have a readily available tech-based product focused on improving healthcare that can be tested in the 'host' setting and meet the following criteria: – Demonstration of financial stability, managerial
capacity, and scalability – Maximum number of 50 employees (with some
exceptions) – Less than $10M in venture capital funding
raised (with some exceptions) – Should have a primary place of business in NYC
(>50% employees)
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Innovator: Not in NYC?
If the 'innovator' company does not have a primary place of business in NYC, the 'innovator' company must demonstrate how it plans on establishing its primary place of business* in NYC if selected as a winner.
* > 50% employees work in NYC
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Need a pilot partner?
Deadline for submitting the "Find a Partner" Form is approaching!
Monday, February 17, 2014
www.pilothealthtechnyc.com (takes 5-10 minutes)
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Matchmaking Sessions
• Only selected ‘innovators’ will be invited to matchmaking sessions (March 11 - 12, 3 – 6pm)
• 15 minute conversations between ‘host’ and ‘innovator’– Innovators - this is your chance to pitch to the big
guys!
• Continue conversations after matchmaking sessions
• Submit a joint application by May 23rd
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How To Submit A Proposal
5
Submission Guidelines
• General information about Innovator and Host
• Technology solution description• 5 minute demo video• Overview of pilot proposal• Budget overview (description & Excel sheet)• Slidedeck of pilot proposal• Resume of primary contact (Innovator)• Letter of support from Host organization• Optional: additional supporting documents
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Evaluation Criteria
• Applications will be evaluated by an expert judging panel using five key metrics and weights listed below: – Pilot proposal and design (25%)– Potential for Impact on NYC (25%)– 'Innovator' company's product potential
(15%)– Potential for health impact (15%)– Team experience and strength of match
(10%)– Pilot budget and scale (10%)
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Prizes & Perks
• $1,000,000 in total funding• Winners will receive no more than 50% of the
cost of the pilot, the rest should be in-kind donation of services
• Host/Innovator can freely decide how to split funding
• Winners also receive the following: – In-kind donation of services or resources from
'Hosts'– Pilot planning and implementation support from the
organizers – Participation and promotion in major health events
and conferences
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Pilot 2013 vs 2014?
• Welcome consumer wellness companies!
• Diverse hosts (not just providers, but also employers, foundations, retailers, etc.)
• Funding both large and small pilots (pilots will not just be $100,000 each but may be on a smaller scale)
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Q & A
www.pilothealthtechnyc.com
Email: info@pilothealthtechnyc.com
--- @healthtechnyc
#PilotNYC17