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ASCEND, Accelerating Solutions for Commercialization and Entrepreneurial Development in the Mountain West IDeA States

Award Information
Agency: Department of Health and Human Services
Branch: National Institutes of Health
Contract: 4UT2GM130166-02
Agency Tracking Number: UT2GM130166
Amount: $1,705,915.00
Phase: Phase II
Program: STTR
Solicitation Topic Code: NIGMS
Solicitation Number: GM18-001
Timeline
Solicitation Year: 2018
Award Year: 2019
Award Start Date (Proposal Award Date): 2019-09-01
Award End Date (Contract End Date): 2021-08-31
Small Business Information
410 W. HARRISON STREET, STE 250, Seattle, WA, 98119-4086
DUNS: 079131782
HUBZone Owned: N
Woman Owned: N
Socially and Economically Disadvantaged: N
Principal Investigator
 NEIL FANGER
 (206) 228-1458
 nfanger@virtici.com
Business Contact
 NEIL FANGER
Phone: (206) 228-1458
Email: nfanger@virtici.com
Research Institution
 UNIVERSITY OF NEW MEXICO HEALTH SCIS CTR
 1 UNIVERSITY OF NEW MEXICO
ALBUQUERQUE, NM, 87131-0001
 Nonprofit college or university
Abstract
Project Summary The objective of this proposal is to create a Mountain West region technology Accelerator Hub to conduct research on developingimplementingand testing a comprehensive collateral and consulting offering for promoting biomedical entrepreneurshiptechnology transfermanagementsmall business financeand additional business skills needed to commercialize basic research to enhance human healthMany limiting factors hamper the ultimate goal of commercializing basic and translational science in IDeA statesincluding a gap in funding between basic research discoveries and scientific feasibility or validation studies required to define a product for early stage technology developmenta lack of knowledge and understanding by innovators about how technologies are brought to marketa lack of access to sufficient technology development and commercialization resources for early stage technology developmentlimited resources in Technology Transfer and Commercialization Officesan insufficient number of local technology businesses to create a critical mass of entrepreneurial expertise and culturea lack of exposure to commercialization educationtrainingand mentoringincluding in patentsstartupsbusiness plansventure capital and angel investinga limited knowledge of technology transfer and SBIR STTR programsand a lack of awareness of available resources at the localstate and regional levelsTo address these goalswe propose to create a regional technology Accelerator Hub throughout the Mountain WestWesternregion of IDeA states that is closely networked with Mountain West IDeA state universities and their affiliated Technology Transfer Offices and small business partnersThis network will provide the framework for effective communication and outreach that will create institutional change and build an entrepreneurial culture throughout this regionWe will provide robust education and training of students and researchers and other entrepreneurs to accelerate development of commercialization activitiessubstantially increasing SBIR STTR applications and facilitating communication between the NIH and IDeA institutionsThe objectives of this application are toestablish infrastructuredevelop educational materialscurriculatextswebinarsworkshops and coursesand train staffaccelerate entrepreneurialism through innovator mentoringSBIR STTR application submissionand increased partnering activityincrease visibility of technological advancementsindustry partnerships and licensing revenues through outreachcoaching and partnering activitiesat each of the Mountain West IDeA state institutionsThe product of this work will be the ASCEND solutiona comprehensivesustainable educational and consulting services offering that will be leveraged across the Mountain West IDeA States collaborating biomedical institutions and marketed to other institutions that want to accelerate biomedical entrepreneurshipthus ensuring the long term sustainabilitydisseminationand impact of this program Project Narrative Many limiting factors hamper the ultimate goal of commercializing basic and translational science in IDeA statesThe objective of this proposal is to create a Mountain West region technology Accelerator Hub focused on developingimplementingand testing a comprehensive collateral and consulting offering for promoting biomedical entrepreneurshipThe end product of this work will be the ASCEND solutiona comprehensivesustainable educational and consulting services offering to accelerate biomedical entrepreneurship

* Information listed above is at the time of submission. *

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