The Imlay Innovation Fund is intended solely to support collaborative activities and pediatric innovation and discovery efforts between Georgia Tech and Children’s, focusing on practical steps that will lead to clinical impact as well as potential commercial opportunities.
Proposals should focus on solving a problem that will impact care delivery and/or has the potential to positively impact child health. Approaches may include human factors engineering, predictive modeling, development of devices and technologies, and other novel approaches to address healthcare problems.
Two types of projects are eligible for funding:
- Quick Wins: Quick Wins (QW) allows Children’s clinicians and clinical administrative leaders to bring problems that impact care delivery to the attention of scientists and engineers at Georgia Tech to help develop innovative solutions. Successful projects have ranged from pediatric specific surgical device development in partnership with a surgeon and biomedical engineer to improvement of workflow in a busy outpatient clinic in partnership with physicians, clinical administrative leadership, architectural researchers, and industrial engineer.
Quick Wins supports projects that can be accomplished in 12-18 months and can be quickly translated into practice. It is possible, but not guaranteed, that a Quick Wins award could help to position an investigator for a successful Innovation Investment application (described below) within the 2 years following the QW award. Quick Wins awards will be funded up to $125K. - Innovation Investment: Innovation Investment is intended to help bridge the funding gap that often blocks the next phase of implementation or commercialization after initial proof of concept. Innovation Investment awards should allow investigators to collect much-needed data, complete further proof-of-concept studies, or to produce prototypes for testing in order to effectively compete for extramural or investment funding. Previous Imlay awardees may apply for funding towards commercialization in this category.
Innovation Investment projects will typically be funded for a one-year period. Applications for multi-year awards will be accepted only with prior approval, and can receive a total of no more than $250K. An important part of the proposal is a potential for commercialization and/or implementation, as well as potential to positively impact child health.
For more information, click here.
Date:
Friday, February 19, 2021 - 5:00pm
