1 Extending the Wisconsin Idea UW Funding Opportunities for Technologies with Promising Potential

UW Medical Innovation Office 2 Identify commercially promising medical device, diagnostic, or biotech technologies Guide the pre-commercial development of technologies in order to retire risk and improve their commercial potential. Help identify potential licensees Actively foster new venture formation Mission Customer-directed product development

Medical Innovation Office Funding We complete the Mission by Working with projects in mid- or late- stages of development & likely to be commercialized Using pre-commercial development funds to: Make technologies more licensable Retire technical and commercial risks Providing product development and commercialization advice to faculty Actively encouraging new venture formation through hands-on help Taking a hands-on role in technology development

Medical Innovation Office Funding Eligability UW Faculty, preferably engineer/scientist – clinician teams Patent disclosure already accepted by WARF Funding Annual cycle with off-cycle opportunities Sponsored contracts $50,000 to $200,000 over two years Not an unrestricted grant program

Medical Innovation Office organization 5 Medical Innovation Office Staff Technology C Faculty C Technology B Faculty B Technology A Faculty A Mentors-in-Residence: Scout and understand technologies then shepherd 4-6 each through pre-commercial development and venture formation. Alumni Mentors: Experienced Alumni with business backgrounds that are available to mentor one or more faculty projects based on fit and interest. Weinert MBA Student Teams: Can be matched in Spring semester with projects and with Start- ups in Fall semester. Fellows program: MBA/Graduate students Other resources added in as needed Medical Innovation Office/WARF Working Group MIO Advisory Cmt. Angel investors Venture Capital GE, JnJ, Metronic, 3M technology experts UW reps Actively track technologies Actively help mentor 6-10 technologies

Medical Innovation Office local environment 6 MIO Staff Mentors in residence Talent Business Development Resources Funding Merlin Mentors Alumni mentor program MOI gap funding WARF Accelerator State TAG Angel Networks SWIB network Research Park New Venture Foundry Morgridge WARF IP Protection Weinert Students WEN ICTR, TIF MOI Advisory Committee MOI New Venture Committee L&E Legal Clinic WAN Bioforward Fellow program W2 It takes a village to start a company

WARF Accelerator 7 Accelerate commercialization prospects for WARF IP through More effective engagement with UW faculty and administration Improved selection of IP assets as targets for WARF licensing/$ resources Selective validation funding to reach value inflection points in high potential projects Delivery of critical business and industry expertise as ongoing resource Three primary resources fuel WARF’s Accelerator Program Catalysts – proven leaders with real-world business from start-ups to the Fortune 500 UW Principal Investigators WARF personnel

WARF Accelerator 8 Three Market Focus Areas were identified together with WARF licensing managers to serve as coordinators for each area BioPharmaceuticals Medical Devices Computer Science and IT Accelerator Program model requires Market Focus to succeed Critical mass of IP assets/UW research capability in a particular market area Catalyst expertise in that same market area Attractive business opportunities in that same market area

Institute for Clinical & Translational Research (ICTR) 9 Mission Research Infrastructure Support, Education, and Training Pilot Grant Program  Type 1: Basic research, clinical trials, and translational research that may lead to the treatment, diagnosis, or prevention of disease  Type 2: Translational research to improve clinical practice or community health Provides additional resources in…  Clinical Research Support Services, Biostatistics, Biomedical Informatics, Community Engagement and Research Support

Institute for Clinical & Translational Research (ICTR) Eligibility UW Faculty or Academic staff, who are ICTR members ( Funding Annual cycle Type 1 grants ~$50,000 Type 2 grants ~$50,000 for pilots and ~$200,000 for full projects 10