WEBSITE HELPS SENSORY DEVICE point engineered digital … · from bananas, RQVGPVKCN FTWI IJVU W...
Transcript of WEBSITE HELPS SENSORY DEVICE point engineered digital … · from bananas, RQVGPVKCN FTWI IJVU W...
SMARTPHONE DEVICE
retinopathy screening tool diagnostic for early detection of common cause of blindness
MEDICATION TARGETS DEADLY VIRUSES
engineeredfrom bananas,
WEBSITE HELPS DEMENTIA PATIENTS
digital techfor managing behavioral symptoms
SENSORY DEVICE DETECTS SEPSIS
point of care platformmeasures redox potential
A Year in Biomedical Commercialization at the University of Michigan
early-stage Kickstart projects
$640K AWARDED
19
mid-stage MTRAC projects
$2.03M AWARDED
122016
2012
2013
2014
2015
industry funding$80.8 million$66.6 million$60.7 million$50.9 million$45.1 million
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ININNONOVAVATITIONON M.MEDEDICICININEE.UMUMICICHH.EDEDUU • 73737 44.661616161616 5555.50506060
innovation navigator
commercialization education
results
124 143 137 182 169
28 41 39 54 43
3 2 1 10 5
2012 2013 2014 2015 2016
INVENTION REPORTS
PATENTS ISSUED
NEW BUSINESS STARTUPS
$2.5M
Therapeutic Innovation Fund
5-YEAR
VENTURE FUN
DMonroe-Brown
Seed Fundfor U-M BiomedicalStartups
$3M
expands funding statewide
$4MINNOVATION HUB
$500K
GI Innovation Fund
5-YEARSPEC
IALT
Y FUNDS
companyagreements
2016
2015
2014
2013
2012
of Medical School research funding is from industry a 76% INCREASE since 201215%
external partnerships
1500+
194
#1$300K
Over 50 different commercialization education programs to date, serving 1,500+ BIOMEDICAL INNOVATORS across the University of Michigan
FACULTY, STUDENTS, & HOUSE STAFF ACROSS 71 project teams to date in ground- breaking Early Technology Development Course
New Innovation & Entrepreneurship Path of Excellence, THE TOP CHOICE AMONG MEDICAL STUDENTS
First-of-its-kind Innovation & Entrepreneurship Program for HOUSE STAFF RESULTS IN $300K IN GRANTS AND FOLLOW-ON FUNDS
Fast Forward Medical Innovation is increasing
the biomedical innovation pipeline at the University
of Michigan and across the state of Michigan.
We offer funding, education, and business development
resources for our innovators to demystify the
commercialization process.
From entrepreneurial organizations on campus to
partners in Michigan and across the globe, we are creating an environment
that nurtures technologies and encourages repeat
innovators.
Hours
Innovator’sCup (Shark
Tank)
KICKSTARTearly-stage
funding
Early TechDevelopment
Course
BusinessDevelopment
House Staff Innovation &
Entrepreneurship Program
MTRACmid-stagefunding
Cup (ShaCCup (Shark CuTank)
CuCuCuCu rkEarly TechEa
DevelopmentDDevCourse
ttDD taEa
DevDev ene
New Generation of Innovators
New Tools for Innovators
to Commercialization Seed Investment
for U-M StartupsSe
StrategicIndustry Partners
MoreTechnologies
Seed Investment
Fund