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Available Resources to Assist in Developing Your Invention. James Thompson Team Lead, Engineering

Available Resources to Assist in Developing Your Invention. James Thompson Team Lead, Engineering. Resources. Center for Engineering Innovation Center for Medical Innovation Development Resources Financial Resources. Center of Medical Innovation. Links resources at: Health Sciences

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Available Resources to Assist in Developing Your Invention. James Thompson Team Lead, Engineering

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  1. Available Resources to Assist in Developing Your Invention. James Thompson Team Lead, Engineering

  2. Resources Center for Engineering Innovation Center for Medical Innovation Development Resources Financial Resources

  3. 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/

  4. TVC Development Resources • Talk to your BTDM • Introductions to: • Faculty • Entrepreneurs • Investors • Subject Matter Experts • Potential corporate partnership • Examples

  5. 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

  6. 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

  7. The Engine • 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-riskingtechnology (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

  8. TCIP • business.utah.edu/programs/tcip/ SBIR • Consider starting a company • www.sbir.gov

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