The BHI Commercial Relevance Program (CRP) offers biohealth companies support in preparing applications for federal funding inclusive of SBIRs, STTRs, and other federal government awards. Companies submit their federal funding concepts and receive pre-proposal feedback to help troubleshoot and strengthen your application. Further support from professional consultants and service providers is available to assist in improving your application.
National Institutes of Health (NIH) Office of Technology Transfer
BHI’s Entrepreneur-in-Residence (EIR) program is designed to be an active partner with research institutions to source, fund, and grow high-potential, early-stage products through project-focused companies. The entrepreneurs in the program support the formation of new companies based upon innovative discoveries in the areas of drugs, vaccines, therapeutics, diagnostics, and medical devices from the intramural research programs at the NIH and Food and Drug Administration (FDA), as well as from universities and businesses. The EIR will find, evaluate, and support the development of new start-up companies based upon technology license agreements from technology transfer offices or equivalent units within the research institutions.
To find out how the Entrepreneur-in-Residence program can help your company or to apply for the EIR position, please contact Rich Bendis, President & CEO, at 215-593-3333.
Signed between BioHealth Innovation and National Institutes of Health’s Office of Technology Transfer
Under the PIA, BHI will employ and place Entrepreneurs-in-Residence (EIR) within OTT to evaluate, identify and license intramural technologies in the areas of drugs, vaccines, therapeutics, diagnostics and medical devices from the intramural research programs at both the NIH and the Food and Drug Administration (FDA). An NIH EIR is an industry expert with scientific, entrepreneurial/managerial and financial experience who works side by side with NIH scientists to identify, evaluate and support the development of new start-up companies based upon technology license agreements from OTT. BHI anticipates placing its first EIR this spring.
"The NIH Office of Technology Transfer is excited by the opportunity to work with BHI as a way to accelerate the licensing and commercial development of inventive technologies coming from the NIH and FDA intramural research programs,” said Mark Rohrbaugh, director of OTT. “We expect synergies particularly between the planned 'Entrepreneur-In-Residence' program fostered by BHI and the new 'Start-up Express License' that NIH launched late last year."
The INNoVATE™ program provides applied training for post-doctoral fellows, research scientists, and other professionals who want to start life science-based companies. The program was launched in 2010 with a 3-year funding grant from the National Science Foundation (NSF). For the 2013 INNoVATE class, the University of Maryland, Baltimore County (UMBC), will offer the program at The Universities at Shady Grove's campus in Montgomery County, Maryland. The program is intended for scientists interested in commercializing biomedical technology. Partners in the program are BioHealth Innovation, Inc. and the Montgomery County Department of Economic Development.
The InvestMaryland Challenge is a national seed and early-stage business competition hosted by the State of Maryland. The Challenge will award $300,000 and a host of business services to companies in three categories – life sciences, high tech, and an open industry category that is nationwide. Companies also have the opportunity to receive direct investments from venture capital firms and angel investors.
It's now much faster and easier to search for federal laboratory inventions that are available for transfer to business partners. The Federal Laboratory Consortium for Technology Transfer (FLC) has developed a free online search engine that can quickly locate a particular type of technology anywhere in the nationwide system of federal labs and research centers.
Instead of sifting through the websites and records of each lab, users can now make a single search—typing in the keywords for the technology they're looking for. The search engine, which uses Google technology, scans available federal lab technologies and quickly returns all relevant results.
Most listings include a description of the invention, its applications and benefits, the current development and patent status, the name of the inventor, and the contact information for a licensing professional at the lab who can help facilitate the tech transfer process.
Online Search Tool: http://www.federallabs.org/available_technologies/
BioHealth Innovation, Inc. and the Economic Alliance of Greater Baltimore (EAGB) have entered into a partnership through which the EAGB will be assisting BHI in achieving its endeavors. EAGB and BHI will be providing collaborative support in pursuit of a variety of strategic objectives for the benefit of the Central Maryland and Greater Baltimore regions, which include:
- An annual EAGB investment in BHI.
- Introduction to Baltimore-area stakeholders and partners to serve on the Board of Directors.
- Joint project management on regional H-RIC initiatives.
- Support on proposal submission on strategic state, regional, foundation and industry H-RIC opportunities.
- Regional branding and marketing of the Central Maryland BioHealth H-RIC.
- Collaboration on the Regional Entrepreneurs' Innovation and Financing Guide.
- Hiring of Baltimore-based Entrepreneurs-in-Residence to be located at Johns Hopkins and University of Maryland in Baltimore.
- Establishment of a Baltimore-area Health Care IT Accelerator.
- Coordination of a national BioHealth conference and related event(s) to be hosted in the Baltimore area.
- EAGB administration of select federal grants.
Signed between BioHealth Innovation, Inc. and the Telemedicine & Advanced Technology Research Center
Under the PIA, BHI will facilitate the adoption of USAMRMC and TATRC research outcomes by universities and funded companies to promote further research, product development, commercialization, and economic development opportunities. Achieving this mutual interest will support BHI's goal to further its technology based economic development mission by showcasing the world class technologies and inventions that were developed by the USAMRMC and TATRC extramural laboratories.
Innovation Guide: Financing and Entrepreneurial Resource for Montgomery County and the Greater Baltimore Region
The Montgomery County/ Greater Baltimore Entrepreneur, Innovation and Financing Guide project will provide the Central Maryland region with essential information to keep innovators and entrepreneurs informed as well as showcase the regional organizations working to help entrepreneurs succeed.