In addition to assisting with administrative and legal resources to help bring technology to the marketplace, Center for Medical Innovation programs help with monetary resources.
CMI Innovation Accelerator Award
The objective of this award is to support College of Medicine Primary Investigators accomplish milestone-driven success towards commercialization of an innovative technology. Projects will receive funding and business development support by partnering with the CMI team in advancing the technology through the duration of the award.
Medical innovations considered within project scope include: drug therapeutics, medical devices, diagnostics with ability to change standard of care, and digital technologies.
Cross-college and outside university and/or business collaborations are eligible for this award.
2022 Application deadline: April 15, 2022 by 12 midnight (EST)
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Regional Funding Opportunities
Bioadvance provides funding to start-up life science companies in southeastern Pennsylvania through its $20 million Greenhouse Fund. Investments are made in therapeutics, devices, diagnostics and platform technologies focused on human health.
Ben Franklin Technology Partners provides early stage technology funding and business support services to emerging tech-based start-ups and existing manufacturers in a 32-county footprint.
Life Science Greenhouse of Central Pennsylvania is a public/private venture whose mission is to commercialize bio-science technologies. It provides direct early-stage investment, targeted business development services and connections to strategic partners.
Innovation Partnership is a consortium of economic development and business assistance organizations located throughout the Commonwealth of Pennsylvania. Its goal is to help early-stage technology companies in Pennsylvania secure federal funding opportunities through SBIR/STTR Awards.
The aim of the Science Center QED Award Program is to provide comprehensive guidance and development to research that is working to achieve proof of concept prior to potential formation of a company. The QED program awards up to $200,000 to fund winning projects.
Science Center Digital Health Accelerator (DHA) helps guide innovations ready to transition from research and development to sales by providing funding, collaborative workspace, professional mentorship and introductions to key healthcare stakeholders and investors. Participants are accelerated from prototype development to customer acquisition.