CNYBAC now accepting 2022 Medical Device Innovation Challenge Applications - deadline to apply is April 30

CNY Biotech Accelerator Medical Device Innovation Challenge Now Accepting Applications

Application deadline:  April 30, 2022

The CNYBAC Medical Device Innovation Challenge is a 6-month intensive mentorship / network expansion / resource rich program for early stage innovators.  This highly competitive program accepts 5-6 teams each year to participate.  To date, 26 teams have graduated from the program and have amassed milestone achievements during and following their participation. The MDIC serves as a complement and a pipeline to other incubation/acceleration programs. 

Applications are accepted January 1 through April 30 each year and are reviewed through a due diligence process performed by The Innovation Law Center, Syracuse University.  Participants are selected by the MDIC Review Committee - interviews may be convened to assist in team selection.  The program starts August 1 (some teams receive early commercialization research in advance of program start).  You may participate virtually or on-site.  If on-site, you receive 6-months of free work space in the CNYBC Creation Garage, 841 E. Fayette St., Syracuse, NY.  All selected teams can utilize this facility at any point in time during the program.  

View our Graduate MDIC Team Milestones

CNYBAC Medical Device Innovation Challenge (MDIC) Two-step Application Process

Step 1:  Confirm Eligibility

To be eligible to apply you must meet all of the following:

  • Are a US-based innovation team/startup company.
  • Are in early stage development of a medical device per FDA medical device definition.     
  • Have a team of at least 2 members and are able to commit your time to technology development in the pursuit of product regulatory submission - unless your goal is to license or sell your technology with no plans to submit a regulatory application.
  • Have an approved or pending patent or you intend to apply for a patent and have no patent issues:  prior art, expired patent, have published information about your technology before patent submission.
  • Agree to meet the requirements of the program:  attend all monthly mentor meetings, actively participate in progressing through your Project Plan goals, attend CNYBAC virtual education events (most are recorded/you can access at your convenience).  

Step 2:  Complete Application/Submit by April 30:   https://www.cnybac.com/medical-device-innovation-challenge-in-the-national-grid-creation-garage/mdic-2020-application/ 

Program details:

  • Selected teams receive an MDIC Agreement for execution.  Program start date:  August 1.
  • We cover the costs of student-based legal and commercialization research for each selected team through the Innovation Law Center, NYS Science and Technology Law Center, Syracuse University College of Law  
  • Intensive mentorship:  mentors are assigned to each team based on specific goals to be accomplished during the program (legal, regulatory, commercialization, CEO, product development experts, etc.).  Hour-long virtual mentor meetings are held monthly, scheduled Mon-Fri, 8:00 a.m. - 3:00 p.m. EST.
  • Selected teams gain coordinated access to SUNY Upstate Medical University research partners and Core Facilities.
  • 3D printer/wash station, additional on-site equipment available.
  • Extensive Ecosystem:  We will provide targeted resource assistance and networking opportunities throughout the program.  
  • Events designed specifically in support of the MDIC Program:
    • Manufacturing Workshop/Innovation Conference
    • Monthly Concept to Commercialization Virtual Series 
    • MDIC Graduate Pitch Event
  • Networking Opportunities, Exhibiting, Competitions, Partner Events such as:
    • Student Capstone Design and Prototype Development Programs 
    • Cornell Center for for Materials Research JumpStart (CCMR)
    • SUNY Binghamton Integrated Electronics Engineering Center (IEEC)
    • MedTech Annual Meeting 
    • FuzeHub Commercialization Competition
    • Indie Bio Pitch Competition
    • Upstate Capital Association Invest NY Series/Pitch Events
    • Upstate Venture Connect/Upstate Unleashed Conference 
    • NYSTAR Innovation Summit 

From just a few of our graduates:

“We are so grateful for the help that MDIC has provided to us. They introduced us to Syracuse University – where we worked both with the biomedical engineers in the Capstone program on the redesign of the prototype and with the Law Department on patent review. They introduced us to investors. They provided invaluable feedback and advice.  We are incredibly lucky that we got accepted into the program and recommend it whole-heartedly to anyone in the early stages of developing their medical device.”  Katya Sverdlov, CFA, Esq., Co-founder, CEO, JelikaLite (2021 Graduate)

“MDIC provided a diligent and highly accomplished interdisciplinary team of industry professionals who provided the needed mentorship, connections, and perspective to help my company accelerate its growth and development. Time and time again, these mentors have been invaluable to our success and I offer my most enthusiastic support for this incredible program.”  Longsha Liu, CEO & Co-founder, Vita Innovations (2020 Graduate)

“Wow, the resources and knowledge we gained through the MDIC program were extremely valuable! Access to the clinicians at the Upstate University Hospital gave us so many insights into new pathways for our product. Our investment and participation in the MDIC program have given back to us 10 fold!”
Dwight Cheu, CEO, ZEPHYRx (2019 Graduate)

“MDIC brought together a team of knowledgeable mentors who provided valuable advice and connections. The process has helped us think through the challenges ahead and prepare for our next stage of development.”  Ted Eveleth, CEO, Halomine (2019 Graduate)

“The connections to universities and organizations in the central New York area and beyond has been invaluable for us. The program helps us be capital efficient while making a lot of progress. We’ve also connected with engineering/produce development and regulatory mentors throughout the program, which has enabled us to make a ton of progress in a relatively short period of time. I couldn’t recommend the MDIC program enough.”
Souvik Paul, CEO, Aurie (formerly CathBuddy, 2019 Graduate)

For questions or more info call  315-464-9288, 315-464-9290 or email durdonk@upstate.edu 

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