The CBC will launch a new Accelerator Award program to support translational research and provide university researchers with “early commercial guidance.” Accelerator Awards will be used to support the initial, and therefore highest risk, stage of commercially-directed research focused on the development of a therapeutic or an associated biomarker or diagnostic. The program will encourage interactions between academic researchers and industry/pharmaceutical experts early in the development of projects and provide advice to award recipients in setting and progressing toward commercialization milestones. Award recipients will be mentored by faculty, industry experts, tech transfer officers and CBC personnel. Accelerator awardees will provide project updates at CBCAN meetings.
Letters of Intent (LOIs) to submit translational research projects will be required for initial evaluation by a team of reviewers (Accelerator Review Board, ARB; TBA) that will include university faculty with scientific, translational and entrepreneurial expertise, tech transfer officers and industry scientists. Selected LOIs will be presented at a CBCAN meeting and finalists will be invited to submit full proposals, which must discuss commercial potential, milestones and deliverables and incorporate the ARB feedback from the CBCAN. Accelerator Awards will be for $100,000 for one year.
Awarded projects that have met proposed milestones during the first year may be invited to apply for $150,000 for one additional year.
ACCELERATOR AWARD DETAILS AND ELIGIBILITY:
- Applicants must be tenured or tenure-track faculty with research programs at Northwestern University, the University of Chicago, and/or University of Illinois at Chicago.
- Although collaborative proposals are encouraged there is no specific requirement for cross-institutional collaboration.
- Applicants may have created a company to pursue translation of their innovation, but there is no expectation or requirement for so doing. The CBC encourages applications prior to or without company formation.
- Multiple applications can be submitted from each institution.
- There is no expectation that Accelerator Awards will be distributed evenly among the CBC institutions.
- Proposals should show both innovation and scientific merit.
- The project should be focused on the development of a therapeutic or associated diagnostic or biomarker, built around a compelling hypothesis and focus on gathering data that advances the hypothesis and discharges key translational risks.
- Research teams should not already be funded for the same specific aims and/or milestones.
- Research projects described in Accelerator applications cannot be under review at other funding institutions/agencies to support the same specific aims and/or milestones. If parallel funding is being pursued, PI must explicitly describe how the Accelerator Award funding will address unique translational risks.
- A PI may participate in only one application per round.
- Ongoing and active participation in the CBCAN program is a requirement for Accelerator Award recipients.
|Application Round||LOI Online Submission||Invitation to Submit a Full Proposal||Full Proposal Online Submission||Funding Decisions||Anticipated Start Date|
|Spring 2018||January 8-12, 2018||March 1, 2018||April 9-13, 2018||May 14, 2018||July 1, 2018|