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We provide user-centered design and innovation to clients on a global scale
We provide user-centered design and innovation to clients on a global scale
We are a collaborative team of researchers, designers & engineers
We develop digital and physical products, services, and experiences
We provide user-centered design and innovation to clients on a global scale
We close the gap between core technologies and commercialized solutions.
WE WORK WITH COMPANIES TO DEFINE, CREATE, AND CAPTURE
VALUE TO DRIVE GROWTH.
OUR PROCESS
DefineProvide focus and scale to the products, services, and experiences
DeliverDevelop and manage the individual components
FrameIdentify opportunities in new and existing markets
Over 350 Medical Development Programs Completed Since 1988
30,000 hours of user research conducted in clinical environments
Understanding cultural and geographic variations to capitalize on global opportunities
Extensive Human Factors expertise to create FDA compliant devices
Electromechanical Innovation to turn core IP into tangible solutions
280 patents, 36 industry Awards including 6 Medical Design Excellence Awards
1 - improve care 2 - drive better outcomes3 - reduce cost
to partner with top healthcare entrepreneurs to help drive innovation and local business growth that will have apositive impact on peoples lives
OUR GOAL:
“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
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
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
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.
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
WHY OUR ACCELERATOR LABS?
PROGRAM DURATION:6 months renewable up to 18 months
25 YEARS OF INNOVATION:An experienced cross disciplinary team & industry contacts
COMMERCIAL SUCCESS:100+ medical products brought to market
MEDICAL DEVELOPMENT SERVICES:20% discount up to 100K in development savings
STARTUP GUIDANCE:Mentoring and project management support
DRY LABS:Access and support required for grants through the labs
!Our current member co.!1. VG-Bio2. Briteseed3. Caraseal4. Healthy-Txt5. (?)
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
Thank You
Steve McPhilliamyExecutive Director, Insight Accelerator [email protected]
773 907 9500www.insightpd.com