Boston Biomedical Innovation Center (B-BIC) is a life sciences accelerator funded by the NIH and member institutions to speed the translation of research technologies into products for doctors and their patients, for the good of society. The B-BIC offers opportunities for research funding and skills development.
Funding is available for translational research to advance research projects toward commercialization. B-BIC is currently focused on innovative devices, diagnostics, and therapeutics related to heart, lung, blood, and sleep disorders.
Pilot awards support projects to demonstrate proof of concept, such as prototype development, or reproducibility experiments in different model systems. Pilot awards provide up to $50K direct costs. Pilot projects are expected to be completed within one year.
DRIVE awards support proof-of-value studies for early-stage technologies that have the potential for commercial translation within two years. DRIVE awards provide up to $200K direct costs.
Both types of awards are able to recover full F&A but will require cash contributions to B-BIC in the amount equal to half of the direct costs of each funded project. Pre-proposals can be submitted at any time of year. A subset is selected for submission of full proposals that are reviewed on a rolling basis by an external selection committee.
The Skills Development Center (SDC) offers open access online learning resources and customized services for all members of the B-BIC, designed to promote academic technology commercialization efforts. See the Calendar of Events for such offerings as Drug Development Boot Camp and Fundamentals of Intellectual Property.