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Timeline
Pre-proposal submission
Interested PIs should submit a two-page introduction to the team and project by December 30.
Teams are encouraged to meet with the Coulter Program Directors (usc-coulter @usc.edu) to discuss the project prior to the submission of their pre proposals.
Pre-proposal vetting and invitation to submit proposal
Submitted pre-proposals are reviewed and scored by an internal committee and selected teams are invited to participate in the program. Invitations to participated are sent during the third week of January
Proposal preparation (January – April):
Participating teams work with the Coulter Program Directors, Technology Transfer officers, industry mentors, and interns, to develop a strong proposal. The proposal should address the intellectual property landscape, FDA regulations, reimbursement strategy, market validation, funding to critical milestones, and follow on funding or licensing opportunities.
The final proposal is submitted on April 11.
Oversight Committee review and selection for oral presentation (April):
During the month of April, an oversight committee including industry experts will review the proposals and interview the teams by phone. The oversight committee will then select the teams that will move to the next stage of the program, present to the committee in June and compete for funding. Information and responses to Oversight Committee feedback must be submitted prior to the oral presentations. The teams will be coached in how to present to the committee.
The oral presentations to the oversight committee are scheduled for June 6, 2012.
Eligibility
Sponsored projects must include a faculty member of the Department of Biomedical Engineering, and a USC clinical practitioner, whose job responsibilities include direct contact with patients or patient data. The members of the team should committed to the success of the project and coachable.
Please contact the program directors if you need a partner for your project (usc-coulter@usc.edu).
Criteria
The project must relate directly to applications in health care, and the objectives of the project should include an outcome that could trigger follow on funding and that will benefit patients when the technology is commercialized. Evaluation of each proposal will be on the basis of clinical need and potential health care impact, technical feasibility, experience of the investigators, and the potential for commercialization and for successfully obtaining further support. In two or three years of Coulter funding the project should be able to achieve a critical milestone for follow on funding.
The criteria the Internal Oversight Committee uses to evaluate proposals for funding are:
- Research Type/Stage
- Research Plan/Science
- Clinical Impact
- Collaboration
- Intellectual Property
- Commercialization Potential
- Intangibles
Duration
Grants will be for a one-year period, and may be submitted for renewal. Renewal applications must have a comparison of milestones achieved vs. those planned in the original submission. Renewal applications will be evaluated on a competitive basis with new applications.
Grant Size and Use of Funds
The average size of the yearly grant is $100K
Use of funds include:
- Salary and fringe benefits for project personnel
- Materials and supplies
- Equipment
- Travel
- Preclinical animal studies
Note:
Typically the co-PIs, Clinician and engineer, do not charge to the project. In a few cases an early career engineer that does not have sufficient funding may charge 5% of their salary. In the great majority of the projects the money is used to support the PhD or fellow conducting the research. |