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Project Name Project Proposal Presentation to the Virginia Biosciences Health Research Corporation Project Management and Oversight Panel Presentation.

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Presentation on theme: "Project Name Project Proposal Presentation to the Virginia Biosciences Health Research Corporation Project Management and Oversight Panel Presentation."— Presentation transcript:

1 Project Name Project Proposal Presentation to the Virginia Biosciences Health Research Corporation Project Management and Oversight Panel Presentation Date

2 Collaboration Partners
Lead investigator name University Department Contact Information Lead investigator name University Department Contact Information Industry leader name Company Title Contact Information Funding Requested: Sourcing of matching funding:

3 Introduction Describe the unmet need/problem
Describe the opportunity/solution Describe the product or service to be commercialized Describe the project Describe the economic impact of the project

4 Clinical Need and Market Impact
Impact on human health/clinical utility Current standard of care Number of patients US and abroad Disease severity Cost of the disease Market size (dollars)

5 Clinical Need and Market Impact - 2
How will proposed solution improve patient outcomes and reduce costs? Existing approaches and strengths/limitations Clinical criteria for success Other competing technologies

6 Milestones and Budgets
What are the milestones and timelines for commercialization? What is the estimated total cost to get to market? What are the milestones, timelines and budgets for this project? What are the key business elements for success? What are the major risk factors?

7 Collaboration Describe the collaborative synergies
Describe the management structure, communication plan and accountabilities of each of the collaborators Describe how funds will be allocated among collaborators

8 Competitive Advantage/Barriers to Entry
Describe the competitive advantage Describe the current I.P. status Disclosures Patent applications Issued patents Freedom to operate Describe the patent strategy going forward Describe the status and plans for licensing, sponsored research, conflict of interest, etc?

9 Economic Impact What follow-on funding will be required to commercialize this technology? What are the probable sources for that funding? (NIH, STTR/SBIR, Angel funding, venture capital, corporate partnerships, etc) What is the plan to secure follow-on funding? Describe the potential for job creation as a result of project funding (first 2 years, 2-4 years, 5-7 years)

10 Commercialization What is the regulatory plan?
What is the plan to qualify for and obtain reimbursement from payors of healthcare (Health Plans, Medicare, Medicaid, etc.) ? What are probable pathways for commercialization (i.e. manufacturing and distribution)?

11 Management Describe the background/experience of the management and scientific team members

12 Summary What are the key reasons this project should be funded?


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