BioCrossroads New Venture Competition

Description

The inaugural BioCrossroads New Venture Competition was announced on April 30, 2012 and will culminate in finalist presentations to a panel of expert life sciences, health information technology and venture capital industry judges on October 22, 2012.  The winning new venture will be announced at an awards presentation held that evening, in advance of the Indiana Life Sciences Summit networking reception.    The purpose of the competition is to encourage life sciences and healthcare entrepreneurial activity by providing awards and recognition to promising new life sciences and health information technology ventures.

Website

http://www.biocrossroads.com/We-Invest/New-Venture-Competition.aspx

Competition Organizer

BioCrossroads

*International Event*

Submission Date

7-31-2012

Business Plan Submission Date

8-24-2012

Awards Date

10-22-2012

Total Prize Cash (US Dollars)

$60,000

Competition Category
  • Technology - Other
Who's Eligible

Early-stage biotechnology, pharmaceutical, medical device, diagnostic, ag-biotech or health information technology companies developing innovative products and platforms are eligible to apply. 

For consideration, companies must either be Indiana-based or be able to demonstrate a significant Indiana connection. 

Companies will be evaluated based on their management teams, control or access to owned, licensed or protectable IP/technology, development plans and ability to demonstrate a validated market need. 

Competition Prizes

First Prize: $25,000 cash prize, ISF II staff support and in-kind services

Second Prize: $15,000 cash prize

Third Prize: $10,000 cash prize

Pre-Venture Prize: $10,000 cash prize (for promising technology that is too early in its development to be a viable investment opportunity)