The IDSA Foundation is pleased to announce the fifth annual IDea Incubator pitch-style competition. Applications will be accepted from March 1 to July 17, 2023
ABOUT IDEA INCUBATOR
IDea Incubator encourages innovators and early-stage ventures to apply for funding for original inventions and ideas with the potential to improve ID care. The finalists share their concepts with the ID community and judges in the fields of business, medicine, pharmaceutical industry and technology each year during IDWeek.
- The IDSA Foundation, its affiliates and sponsors are not responsible for any intellectual property submitted and/or presented at any time for its IDea Incubator program during the IDWeek conference in Boston, MA, on Oct. 13, 2023. Any individual, group, organization or company is solely responsible for securing intellectual property protection. Learn how to secure your intellectual property by reviewing our resources below.
- IDea Incubator applicants are not required to be registered for IDWeek. Finalists are required to register for IDWeek once they have accepted to participate in the live IDea Incubator session. This includes scientific attendees, exhibitors, invited speakers and guests.
- Applications will be reviewed after the application cutoff date. An incomplete application will be disqualified. See the important dates section.
- Accepted presenters will be notified by the week of Aug. 15. This information will include the presenter(s) rehearsal and presentation times. If accepted but unable to present, then a 30-day notice is required.
- Presentations will be up to 5 minutes in length, followed by a 5-minute-long question-and-answer period with the judges.
- A winning idea will be chosen by the judges. Cash prizes will be awarded to all finalists. First place will receive $10,000, second place will receive $5,000, and third place will receive $2,500. In addition, an IDea Accelerator Package, including business coaching and other supports, will be provided to the winner.
Click below to apply.
- The statement of the problem/unmet need is well defined and articulated (scale of the problem, quantified number of patients, money spent on health care costs, societal costs).
- The target population is clearly defined and quantified.
- The innovation has the potential to solve the problem/meet the needs of the target population. The solution is economically viable (i.e., won’t be too expensive to be accessible).
- The expected health impact is reasonably estimated. The solution to the problem is novel and innovative.
- March 1 Applications Open
- July 17 Application Closes
- Aug. 12 Finalist Notified
- TBD Finalist orientation Call
- Oct. 13 IDWeek Presentation
SECURING YOUR INTELLECTUAL PROPERTY
The following articles may assist with securing intellectual property. Many other sources are available on the internet:
- “How to Protect Your Product or Idea When Pitching It to a Company.” The Wall Street Journal, 3 September 2008, http://guides.wsj.com/small-business/running-a-business/how-to-protect-your-product-or-idea-when-pitching-it-to-a-company/
- Fitzsimmons, Kelly. “10 Ways to Protect Your Intellectual Property.” Inc., 19 September 2012, https://www.inc.com/kelly-fitzsimmons/ten-ways-to-protect-your-intellectual-property.html