ipd insight accelerator labs overview
TRANSCRIPT
![Page 1: IPD Insight Accelerator Labs Overview](https://reader030.vdocuments.site/reader030/viewer/2022032420/55a43f8f1a28ab42538b4616/html5/thumbnails/1.jpg)
We provide user-centered design and innovation to clients on a global scale
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We provide user-centered design and innovation to clients on a global scale
We are a collaborative team of researchers, designers & engineers
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We develop digital and physical products, services, and experiences
We provide user-centered design and innovation to clients on a global scale
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We close the gap between core technologies and commercialized solutions.
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WE WORK WITH COMPANIES TO DEFINE, CREATE, AND CAPTURE
VALUE TO DRIVE GROWTH.
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OUR PROCESS
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DefineProvide focus and scale to the products, services, and experiences
DeliverDevelop and manage the individual components
FrameIdentify opportunities in new and existing markets
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Over 350 Medical Development Programs Completed Since 1988
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30,000 hours of user research conducted in clinical environments
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Understanding cultural and geographic variations to capitalize on global opportunities
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Extensive Human Factors expertise to create FDA compliant devices
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Electromechanical Innovation to turn core IP into tangible solutions
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280 patents, 36 industry Awards including 6 Medical Design Excellence Awards
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1 - improve care 2 - drive better outcomes3 - reduce cost
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to partner with top healthcare entrepreneurs to help drive innovation and local business growth that will have apositive impact on peoples lives
OUR GOAL:
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“Insight Accelerator Labs should provide a good home for companies that come out of the universities and are ready for the next step.”
-Alan Thomas University of Chicago
April 10, 2013
FEATURED IN:Chicago Tribune, Sun Times, Inc Magazine
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Family, Friends,
University
Super Angel SBIR Phase II
Discover Market Need
Business Planning/ Establish
IP
Feasibility-tech risk
Series A+
FULL PRODUCT DEVELOPMENT/
COMMERCIALIZATION (FPD)
MINIMUM VIABLE
PRODUCT (MVP)
Viability-prod risk Scalability - manufacturing risk
An accelerator that helps close the gap between core technologies and commercial solutions
MINIMUM FEASIBLE
CONCEPT (MFC)
Seed/ Angel SBIR Phase 1/II
Grants/ Awards
SBIR Phase1
V a l l e y o f D e a t h
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MINIMUM FEASIBLE
CONCEPT (MFC)
Seed/ Angel SBIR Phase 1/II This is different than POC
Tech & Value alignment Subsystem focused Provides low cost tech pivots Manufacturing influence Alignment to funding stages
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Since joining Insight Accelerator Labs, Briteseed has raised a $1M seed round and was named Top Life Sciences Startup at the Rice Business Plan Competition.
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An accelerator that helps close the gap between core technologies and commercial solutions
Target Member Profile:Early stage medical device companies that have:!• Initial funding • Protectable IP • FDA pathway• Reimbursement model• Target market and market fit
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WHY OUR ACCELERATOR LABS?
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PROGRAM DURATION:6 months renewable up to 18 months
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25 YEARS OF INNOVATION:An experienced cross disciplinary team & industry contacts
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COMMERCIAL SUCCESS:100+ medical products brought to market
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MEDICAL DEVELOPMENT SERVICES:20% discount up to 100K in development savings
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STARTUP GUIDANCE:Mentoring and project management support
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DRY LABS:Access and support required for grants through the labs
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!Our current member co.!1. VG-Bio2. Briteseed3. Caraseal4. Healthy-Txt5. (?)
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Sponsor Value:! • sustainable exposure to innovation in the healthcare space• scouting and vetting of technology aligned to strategic goals• early exposure to vetted relevant ideas• strategic feedback to local university exploration areas • engagement and recognition in local events (HealthTECH summit, WellTech summit)• deeper collaboration with Matter, CIM, 1871, Chicago Lean Startup, BuiltInChicago,
and other groups
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Thank You
Steve McPhilliamyExecutive Director, Insight Accelerator [email protected]
773 907 9500www.insightpd.com