1. Invention, Innovation, and Entrepreneurship Education BME - IDEA October 13, 2004 Phil Weilerstein NCIIA

2. Invention, Innovation, and Entrepreneurship Education Information  Inspiration  Action The NCIIA supports invention, innovation, and entrepreneurship education at institutions of higher learning by providing faculty and students from member colleges and universities with grants and resources to encourage the formation and work of E-Teams (the “E” is for excellence and entrepreneurship).

3. Invention, Innovation, and Entrepreneurship Education E-Teams are multidisciplinary teams of students, faculty, and industry advisors who work together to develop a product or technology with potential for commercial success. The NCIIA has a strong interest in supporting E- Teams whose work is environmentally sustainable and socially beneficial. E-Teams bring learning beyond the classroom and into the real-life experience of technology commercialization.

4. Invention, Innovation, and Entrepreneurship Education A Sampling of Biomedical Advanced E-Team Projects Breast augmentation is the second most common cosmetic surgery procedure in the U.S. Meeting a demand for a device that would provide a minimally invasive approach, an E-Team at the University of Miami devised a trans- axillary breast implant placement instrument, with support from an NCIIA grant. About 1.4 million lower extremity fractures occur annually in the US. While only portions of these cases require surgery, most require physical therapy. A Johns Hopkins University E-Team developed a foot sensor that helps patients gauge how much pressure they bear on their injury. A Stanford University E-Team developed the MarrowMiner, a bone marrow aspiration device which through a single bone puncture of the ileac crest, enables harvest of the majority of the bone marrow contained within. This device shortens the procedure from an hour-long $15,000 harvest done with a team in the operating room to 15 minutes performed by one physician in the outpatient setting. An E-Team from the University of Pittsburgh has developed an Oxygen Flow Indicator for Hospital Transport. This device monitors the flow of oxygen through patients' tubes, preventing decompensation caused by a kink in tubing or depletion of oxygen supply. In the event of supply failure, an inline impeller facilitates oxygen flow to the patient.

5. Invention, Innovation, and Entrepreneurship Education The NCIIA helps effect lasting changes within and beyond its member institutions through support of curricular transformation that increases institutional and individual capacity for effective innovation and technology innovation through. Cross-disciplinary collaboration Cross-institutional collaboration Technology transfer and commercialization Informal educational opportunities Societal change

6. Invention, Innovation, and Entrepreneurship Education Grants Each year the NCIIA provides approximately $1 million in Lemelson Foundation grants to member colleges and universities. Proposals are submitted twice each year online at www.nciia.org. Proposals for Course and Program and Advanced E-Team grants are reviewed by panels of business and technical faculty, industry representatives, and venture capitalists.

7. Invention, Innovation, and Entrepreneurship Education Equipment, Supplies & Materials $ 5 - 50,000 - 1 -3 years duration Travel Technical services Expenses related to students’ performing patent searches or creating marketing analyses, business plans, or prototypes Faculty planning stipends (up to $5,000) Course and Program Grants fund:

8. Invention, Innovation, and Entrepreneurship Education Awarded to E-Teams from our member institutions that have ideas ripe for commercial development. Evaluated based on the product or technology’s potential for sustainability and commercialization, the professional and demographic diversity of the team, and the project’s likelihood to produce social benefits. $1,000-18,000 Twelve to eighteen months in duration Advanced E-Team Grants

9. Invention, Innovation, and Entrepreneurship Education Summer stipends for students Equipment and supplies Expenses related to Performing patent searches Creating market analyses Developing product prototypes Legal fees for patent or copyright activities Project-related travel Advanced E-Team grants fund:

10. Invention, Innovation, and Entrepreneurship Education Other Resources To foster mentoring, help build infrastructure, and support and encourage the institutionalization of technological entrepreneurship programs, the NCIIA offers a variety of resources, from online and printed materials to technical and commercialization expertise, advice, and services.

11. Invention, Innovation, and Entrepreneurship Education NCIIA 9th Annual Meeting Dynamic Learning: Changing Models for Changing Times San Diego, CA March 17-19, 2005 Doubletree San Diego Mission Valley

12. Invention, Innovation, and Entrepreneurship Education NCIIA Member Resources On our website: Curricular materials Intellectual property policies database Networks for access to R.A.P.I.D. prototyping Assess - Educational Assessment NCIIA Crossroads Social Networking tool

13. Invention, Innovation, and Entrepreneurship Education Invention to Venture (I2V) workshops: www.invention2venture.org N2TEC: The National Network for Technology Entrepreneurship and Commercialization BME IDEA Competition Other resources

14. Invention, Innovation, and Entrepreneurship Education Information  Inspiration  Action Contact us: Phil Weilerstein, Executive Director pweilerstein@nciia.org 100 Venture Way, 3rd Floor Hadley, MA 01035 Tel. (413) 587-2172 Fax. (413) 587-2175 www.nciia.org info@nciia.org