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We provide user-centered design and innovation to clients on a global scale

IPD Insight Accelerator Labs Overview

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Page 1: IPD Insight Accelerator Labs Overview

We provide user-centered design and innovation to clients on a global scale

Page 2: IPD Insight Accelerator Labs Overview

We provide user-centered design and innovation to clients on a global scale

We are a collaborative team of researchers, designers & engineers

Page 3: IPD Insight Accelerator Labs Overview

We develop digital and physical products, services, and experiences

We provide user-centered design and innovation to clients on a global scale

Page 4: IPD Insight Accelerator Labs Overview

We close the gap between core technologies and commercialized solutions.

Page 5: IPD Insight Accelerator Labs Overview

WE WORK WITH COMPANIES TO DEFINE, CREATE, AND CAPTURE

VALUE TO DRIVE GROWTH.

Page 6: IPD Insight Accelerator Labs Overview

OUR PROCESS

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DefineProvide focus and scale to the products, services, and experiences

DeliverDevelop and manage the individual components

FrameIdentify opportunities in new and existing markets

Page 8: IPD Insight Accelerator Labs Overview

Over 350 Medical Development Programs Completed Since 1988

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30,000 hours of user research conducted in clinical environments

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Understanding cultural and geographic variations to capitalize on global opportunities

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Extensive Human Factors expertise to create FDA compliant devices

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Electromechanical Innovation to turn core IP into tangible solutions

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280 patents, 36 industry Awards including 6 Medical Design Excellence Awards

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1 - improve care 2 - drive better outcomes3 - reduce cost

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to partner with top healthcare entrepreneurs to help drive innovation and local business growth that will have apositive impact on peoples lives

OUR GOAL:

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“Insight Accelerator Labs should provide a good home for companies that come out of the universities and are ready for the next step.”

-Alan Thomas University of Chicago

April 10, 2013

FEATURED IN:Chicago Tribune, Sun Times, Inc Magazine

Page 19: IPD Insight Accelerator Labs Overview

Family, Friends,

University

Super Angel SBIR Phase II

Discover Market Need

Business Planning/ Establish

IP

Feasibility-tech risk

Series A+

FULL PRODUCT DEVELOPMENT/

COMMERCIALIZATION (FPD)

MINIMUM VIABLE

PRODUCT (MVP)

Viability-prod risk Scalability - manufacturing risk

An accelerator that helps close the gap between core technologies and commercial solutions

MINIMUM FEASIBLE

CONCEPT (MFC)

Seed/ Angel SBIR Phase 1/II

Grants/ Awards

SBIR Phase1

V a l l e y o f D e a t h

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MINIMUM FEASIBLE

CONCEPT (MFC)

Seed/ Angel SBIR Phase 1/II This is different than POC

Tech & Value alignment Subsystem focused Provides low cost tech pivots Manufacturing influence Alignment to funding stages

Page 21: IPD Insight Accelerator Labs Overview

Since joining Insight Accelerator Labs, Briteseed has raised a $1M seed round and was named Top Life Sciences Startup at the Rice Business Plan Competition.

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An accelerator that helps close the gap between core technologies and commercial solutions

Target Member Profile:Early stage medical device companies that have:!• Initial funding • Protectable IP • FDA pathway• Reimbursement model• Target market and market fit

Page 24: IPD Insight Accelerator Labs Overview

WHY OUR ACCELERATOR LABS?

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PROGRAM DURATION:6 months renewable up to 18 months

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25 YEARS OF INNOVATION:An experienced cross disciplinary team & industry contacts

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COMMERCIAL SUCCESS:100+ medical products brought to market

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MEDICAL DEVELOPMENT SERVICES:20% discount up to 100K in development savings

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STARTUP GUIDANCE:Mentoring and project management support

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DRY LABS:Access and support required for grants through the labs

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!Our current member co.!1. VG-Bio2. Briteseed3. Caraseal4. Healthy-Txt5. (?)

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Sponsor Value:! • sustainable exposure to innovation in the healthcare space• scouting and vetting of technology aligned to strategic goals• early exposure to vetted relevant ideas• strategic feedback to local university exploration areas • engagement and recognition in local events (HealthTECH summit, WellTech summit)• deeper collaboration with Matter, CIM, 1871, Chicago Lean Startup, BuiltInChicago,

and other groups

Page 33: IPD Insight Accelerator Labs Overview

Thank You

Steve McPhilliamyExecutive Director, Insight Accelerator [email protected]

773 907 9500www.insightpd.com