Posts by B-BIC

Tips & Tricks: Customer Research Basics

The “build it and they will come” approach may have worked for Steven Jobs at Apple but does not work for most new products.  For us mere mortals, it is important to conduct customer research before proceeding too far with a new idea.  You want to know if there is a market for your product…

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Specialist Series: What is a “Venture Syndicate” ?

By Jay Knowles An investor syndicate generally consists of three of four investors who have the funds to take the company from idea stage through to clinical proof of concept.  Investors may not put all of the investment in upfront (so that they have a little more control over the flow of funds), and they…

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Tips & Tricks: When Searching for Market Information

It is always important to know your competitors and how your product compares to theirs, but did you know competitors’ websites can also provide information on reimbursement and market size.  Companies often provide a reimbursement guide for their customers and a company’s annual report frequent has market size and market share data. When searching for…

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SPECIALIST SERIES: What Is An Investible Hypothesis?

By Jay Knowles Partner, Innovation Many venture capitalists look for an opportunity to invest in a company or a project such that if it reaches a certain inflection point that company will become significantly more valuable, and investors look to understand what it should cost to get to that point. For example, for a therapeutic…

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FAST PITCH FOR FUNDING: Quick Tips for a successful pitch

Keep pitch short and focused on the technology and its commercial application. Limit the discussion of preliminary results, and focus on the most relevant results with conclusions – not data. Present the science within the context of the business strategy. Keep details to a minimum and use visuals without words when possible. FAST PITCH FOR FUNDING is April 27th at 10:00am.…

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FAST PITCH FOR FUNDING: What we are looking for when awarding B-BIC partnerships

Potential for commercialization. Technology that addresses an unmet clinical need. Heart, Lung, Blood or Sleep indications. Preliminary data indicating promise of commercialization. Differentiation from competitors. IP filings, with institutions as the assignee. FAST PITCH FOR FUNDING is April 27th at 10:00am.  This event provides you the opportunity to pitch a team of experts on your research. You…

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FAST PITCH FOR FUNDING: FAQ

Q:  Do I need to have slides?  A:  Pitches only need to address the suggested elements.  Use of reference materials or other visual elements is welcome if they help convey the product concept and can be shared using your laptop screen.  AV equipment will not be available. Q:  How formal will the pitches be? A:…

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EVENT: FAST PITCH FOR FUNDING

Are you ready to see your research move towards becoming a product? Fast Pitch for Funding is an event hosted by the Boston Biomedical Innovation Center, that provides you the opportunity to pitch a team of experts on your research. You will receive immediate feedback with the opportunity to apply for our grant programs which can provide up…

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TIPS & TRICKS: Find Your ‘Product Image’

Describe the marketed product in as few words as possible to paint a compelling, inspiring image that will “recruit” the supporters you need. Introduce key words regarding the technology, including its differentiation from other products and sustainable advantage.  Why is it “first” or “best”? Identify the target market segment within standard of care, or explain…

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TIPS & TRICKS: The Online Patent Search

The Online Patent Search:  Do not waste your time developing a product that has already been patented by someone else.  It pays to learn how to do a quick patent search online.  There are many good patent search sites and we have listed a few of them for you. Our favorite is FreePatentsOnline.com. The link…

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