Purpose, Benefits, and Results of First Year

1. Purpose, Benefits, and Results of First Year Jay Goldberg, PhD, PE, Marquette University Phil Weilerstein and Humera Fasihuddin, National Collegiate Inventors and Innovators Alliance

2. BME IDEA Competition A new competition, established by the NCIIA in cooperation with BME IDEA, a consortium of biomedical engineering faculty

3. 1 2 3 4 5 6 7 8 9 10/02 Houston 3/05 4/05 5/05 6/05 NYC 10/03 Nashville 9/04 BMES Philadelphia 2/03 San Francisco 9/05 Baltimore BME IDEA 2005:Years In the Making 1) Discussion at Design Workshop 5) MD&M / Canon Communications LLC Engaged 6) NSF Biomedical Engineering Department Joins as Partner, Funding from NSF Director Bruce Hamilton and Program Officer Semahat Demir 2) Initial BME IDEA Workshop Initial Partners Engaged 3) Roundtable, Feedback from BME IDEA participants on the format of the competition. Council of Chairs On Board, Initial Partners Engaged 7) Eighteen Submissions Received 8) Three winners awarded at MD&M Industry Tradeshow 4) BME IDEA 2005 Launched! 9) BMES 2005 2006 Competition Announced!

4. Competition Sponsors • National Collegiate Inventors and Innovators Alliance • MD&DI, a publication of Canon Communications, llc • The National Science Foundation • Industrial Designers Society of America • Biomedical Engineering Society (BMES) • The Council of Chairs of Bioengineering and Biomedical Engineering Programs

5. BME-idea Competition • Leverages NCIIA’s extensive national network of students and universities focused on innovation and technology entrepreneurship

6. Background • Several competitions for non-biomedical engineering students exist • Students learn about design and teamwork • High level of enthusiasm • Few commercialized inventions or innovations produced • Existing BME competitions do not focus on entrepreneurship or commercialization

7. Existing BME Competitions • National Student Design Competition, (RERC on AMI) • 3 target design areas • List of hypothetical clients with disabilities • Teams required to design for specific clients • EMBS Undergraduate Student Design Competition (IEEE EMBS) • Design and construction of device to solve medical or biological problem • Must not be commercially available (significant modifications acceptable)

8. BME IDEA Competition • Goals • Focus on entrepreneurship • Connects students/academic community to real world commercial opportunities • Brings academic and industrial biomedical engineering communities together • Promote and support experiential educational opportunities in product design, innovation, and entrepreneurship

9. Benefits of Participation • Experience with multidisciplinary teams • Clarification of market needs • Better understanding of FDA requirements, regulatory strategy • Winning competition validates design, will assist with commercialization • Networking opportunities • Venture funding opportunities

10. Other Benefits • Academic institution • exposure of design program • supplement to entrepreneurial programs • promotes translational research/technology transfer • Students • experiential learning • networking • exposure to industry (funding, employment) • Industry • increased involvement with academia • access to new technologies/devices for technology transfer

11. BME IDEA 2006Design of Competition • Industry competition - Medical Design Excellence Awards - used as model • No restriction on type of device/technology submitted • Similar judging criteria and evaluation process • Two judges also MDEA jurors • Awards presented at MDEA ceremony as part of MDM show in New York

12. BME IDEA 2006Judging Criteria • Technical and economic feasibility • Clinical utility • Regulatory strategy • Market potential • Novelty and patentability • Potential for commercialization

13. Third and Second Place Winners • 3rd Place: ($1,000)The Halo- Pack: A Low Profile Cervical Spine Orthosis, Washington University • 2nd Place: ($2,500)Bioimpedance Probe to Detect Preterm Labor, Johns Hopkins University

14. First place winner • 1st Place: ($10,000)A Novel Treatment for Cerebral Aneurysms, Stanford University

15. Announcing BME IDEA 2006! • Submissions due April 4, 2006 online at www.nciia.org. Requires faculty advisor and departmental chair consent. • Entries may be senior design projects • No restriction to medical specialty, market segment, or medical problem • Multidisciplinary teams encouraged (must have at least one engineer on team) • One entry per institution, final entries by invitation for pilot year • Teams must be interested in commercialization through licensing or new venture formation

16. BME IDEA 2006Requirements • Documentation of final design • Prototype (photo, video) • Proof that design is functional and will solve problem • Assessment of patentability • Proposed regulatory pathway • Market analysis (with estimated costs) • Business plan (strategy for commercialization and opportunity statement)

17. BME IDEA 2006 Criteria and winning entry requirements • Solve a pressing clinical problem; • Meet technical, economic, legal, and regulatory requirements; • Feature a novel and practical design; and • Show potential for commercialization.

18. BME IDEA Competition:Best Practices • Build on existing projects or start at the beginning of the academic year • Leverage the many resources at your institution: Management School, Tech Transfer Office, etc. • Pay equal emphasis to submission criteria • Score more points for bigger economic and/or social impact

19. For more information, or to sponsor this competition, contact: National Collegiate Inventors and Innovators Alliance (NCIIA) Humera Fasihuddin humera@nciia.org www.nciia.org