Funding: Small Business Development of Educational Products for Biomedical Entrepreneurship in NE IDeA Region

The Institutional Development Award (IDeA)‘s Regional Entrepreneurship Development (I-RED) Program has issued a Funding Opportunity Announcement (FOA) that would support small business’ development of educational products to promote biomedical entrepreneurship in the Northeast Region of IDeA states.

These educational products are expected to address the needs of IDeA state academic institutions in developing and/or strengthening technology transfer programs that stimulate technological innovation by translating scientific discoveries and technologies from research laboratories into commercial products that improve human health and promote economic growth in the Northeast region of IDeA states (limited to Delaware, Maine, New Hampshire, Rhode Island, and Vermont).

NOTE: This funding opportunity is ONLY for small business concerns in the Northeast region (DE, ME, NH, RI and VT).

Slides and the recording from the last year’s webinar are posted on the I-RED webpage and the application due date is January 6, 2023.

Requirements

  • An applicant for an STTR award must be an Small Business Concern (SBC) that partners with an academic institution. For this FOA, an applicant SBC must be from the Northeast region of the IDeA states, and partner with one academic institution in the same IDeA region.
  • I-RED programs must develop entrepreneurship educational products that can be utilized by academic institutions, especially those in IDeA states, to inspire, train, and support their students and faculty to explore entrepreneurial opportunities. 
  • Entrepreneurship educational products to be developed by an I-RED program must meet the needs of the Northeast IDeA region, have commercialization potential, and enrich the knowledge base that helps turn biomedical research discoveries and technologies into products for enhancing human health. 
  • The I-RED program must assemble commercialization teams with experience in marketing educational products and develop commercialization plans to market their products among IDeA state institutions and other institutions with similar needs.
  • The I-RED program is required to have a Steering Committee (SC), an Administrative Committee (AC), and an External Advisory Committee (EAC) for governance and operation.
  • An evaluation plan must be developed to monitor and document the overall progress towards achieving target goals of the program.
  • Applicants need to demonstrate evidence of strong and specific institutional commitment by the academic partner institution to support the I-RED program. 

Pre-Application Consultation

Applicants are strongly encouraged to consult with NIGMS Scientific/Research staff listed in Section VII of the FOA when planning an application. Early contact provides an opportunity for NIGMS staff to provide guidance on program scope, goals, appropriate milestones, and budget.

Key Dates

Open Date (Earliest Submission Date): December 6, 2022

Letter of Intent Due: 30 days prior to the application due dates listed below

All applications are due by 5 p.m. local time of applicant organization.

Applicants are encouraged to apply early to allow adequate time to make any corrections to errors found in the application during the submission process by the due date.

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