Creative Funding Opportunities for Commercializing Basic Research
Creative Funding Opportunities for Commercializing Basic Research. Bay Area Conference on Translational Research September 23, 2004 James Cavuoto Editor and Publisher Neurotech Reports. Neurotechnology Definition. Neurotechnology:
Creative Funding Opportunities for Commercializing Basic Research
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Presentation Transcript
Creative Funding Opportunities for Commercializing Basic Research Bay Area Conference on Translational Research September 23, 2004 James Cavuoto Editor and Publisher Neurotech Reports
Neurotechnology Definition Neurotechnology: The application of electronics and engineering to the nervous system
Market Segments • Neural Prostheses • Neuromodulation • Therapeutic Stimulation • Neurodiagnostics • Neural-Computer Interfaces
Typical Funding Sources • NIH Neural Prosthesis Program • SBIR • Incubator Funds • Venture Capital Firms • Licensing Deals • Investment from Larger Firms • IPO
Example Startup Firms • Cyberkinetics Inc. • Afferent Corp. • Second Sight Ltd. • NeuroNexus Technologies • Aspect Medical
Research Institution Spinoffs • NeuroNexus Technologies-U Michigan • Bionic Technologies-U. Utah • Synapse Biomedical-CWRU • Neurodan-Aalborg University • Neopraxis Ltd.-Shriners Hospital