If you are an investigator from an academic institution please email a summary of the technology, a list of the intellectual property and an outline of intended use of funds. We ask that you notify your technology transfer office that you are submitting materials to BioAdvance.
Please note that whether submitting an executive summary, investor presentation, BFTP application or business plan there is information that BioAdvance will want to assess during its review of the opportunity. This information includes:
If content addressing these topics are not adequately covered in the initial materials, BioAdvance will request additional documentation to address these issues during the review process. We will work with each applicant on a case-by-case basis if there is missing information. The better the information you submit the sooner we can make a preliminary determination.
Further information regarding the BioAdvance review process, eligibility requirements and investment terms can be found in the "Request for Proposals " document. In addition, we encourage all applicants to review the "BioAdvance Funding Workshop Presentation " which is particularly useful in understanding how BioAdvance thinks and the typical pitfalls that we encountered in our review of investment opportunities.
1.
Title of Proposal (Limited to 80 characters)
Enter a name for your proposal that clearly describes your
effort as concisely as possible. Choose a title that specifically describes
the proposed effort rather than a generality.
2.
Name of Organization or Individual
Making Application
Enter the name of the organization making the request,
or if the applicant is an individual, enter the name of the individual applying.
3.
Applicant Contact Information
Enter the contact information for the project manager or
key contact for this application. Even if you entered the name of an individual
in Question 2 above, you must still enter the name of a contact person here,
even if it is the same person.
4.
Principal Scientist (OPTIONAL)
If there is a principal scientist responsible for this project,
identify that person here. If not, or if the principal scientist is the
same as the contact person, skip and go to the next question.
5.
Technology Focus
First, select the primary category within which your technology focus
fits. You must select only one primary category. Chose the most appropriate
primary technology focus category based on the definitions provided.
Next, you may choose as many secondary categories you wish (or none at all).
If you choose a category as either a primary of secondary project focus,
you are required to complete the additional information requested for that
category.
6.
Proposal Summary (Limit to 2000 characters)
Summarize the use of funds and the technical or commercial objective
of the funding requested.
7.
Total amount of funding requested this cycle
($500,000 maximum)
What is the total amount you are requesting for this funding
round? On the application, you will be asked to provide a budget and justifications
for your projections. If the amount you are requesting is over $500,000,
your application will not be considered.
$
8.
Total Project Cost
What is the projected total project cost to achieve your
proof-of-concept? You will be asked in the application to identify other
sources of funds, committed and/or potential.
$
9.
Location of Work (OPTIONAL)
Identify the physical location of the facility where your
research will be conducted? If you do not list a location within
Southeastern Pennsylvania, you may be ineligible for BioAdvance funding.
10.
Number of Current Employees
For corporate applicants, please list the number of current
employees in Southeastern Pennsylvania
11.
Suggested Technical Reviewers (optional)
Applicants have the opportunity to suggest up to three experts
from the academic community or industry to provide a technical review. These
should not be individuals who currently or in the past have had a relationship
(e.g., collaborator, co-author, advisor, etc.) with the applicant. The reviewer
should not be employed or affiliated with an academic or research institution
in Southeastern Pennsylvania that is eligible to seek funds from BioAdvance.
Technical reviewers are compensated for their time and asked to certify
that there are no conflicts before reviewing an application. The goal is
to obtain the highest quality technical review. BioAdvance may use one or
more or none of the reviewers suggested.
If there are particular technical reviewers you would like to exclude from
reviewing your application, please send an email to application@bioadvance.com
including the project title and the name and affiliation of the reviewer
to be excluded.