Application Process and Forms
Eligibility & Criteria
Eligibility: Project teams must include (1) a primary secondary faculty member of the department of Biomedical Engineering in the professorial ranks (assistant, associate, or full), and (2) a clinician who has direct patient interaction (affiliation to BU is not a mandatory requirement). Proposals can be initiated by either party, and the Coulter Office will help you identify an appropriate Co-PI if you have not already done so. If you received an award from BUCTP in previous years, you may be eligible to apply for additional funding to support your project. Such additional funding is contingent on successful achievement of your previous milestones and demonstration of compelling market feedback requiring additional technical development, among other factors.
Criteria: The research must relate directly to applications in health care, and the objectives of the project should include an outcome that will benefit patients. Evaluation of each proposal will be on the basis of scientific merit and technical feasibility, potential health care impact and significance, experience of the investigators, and the potential for commercialization and for successfully obtaining further financial support.
Duration & Budgets
Duration: Project plans should not exceed 12 months in duration. Teams which successfully achieve their first year milestones may apply for additional funding to meet additional commercialization objectives.
Budgets: Project budgets should not exceed $100,000, unless compelling justification is provided. Approximately 6 to 8 projects may be funded per year.
Funds MAY be used for:
- salary and fringe benefits for project personnel
- materials and supplies (including animal costs for preclinical studies)
- consumable equipment (e.g. components for systems)
- costs for human studies (e.g. IRB fees, patient recruitment fees, etc.)
Funds MAY NOT be used for:
- space, construction or renovations
- meetings at local restaurants
- indirect costs
For a list of frequently asked questions and answers to these questions, click here.
When & How You Should Apply
Interested? Please contact us to discuss your idea.
Apply by sending an email with the Pre-Proposal attached to the Coulter Office.
Pre-Proposals must be received by Coulter office no later than 11:59pm ET on Sunday, February 16, 2014. Selected projects will be invited to submit a Full Proposal.
Full Proposals must be received by Coulter office no later than 11:59pm ET on Monday, March 31, 2014. Preparation of Full Proposals will require working closely with a commercialization team comprised of technology transfer officers, patent counsel, regulatory and reimbursement advisors, industry executives, external business advisors and technical experts to develop project plans that address essential commercialization topics, including intellectual property landscape, regulatory strategy, reimbursement strategy, market validation, funding to critical milestones, and follow-on funding or licensing opportunities.
Gantt Chart: Please be sure to include a Gantt chart as part of your application.
Conflict of Interest: Please be sure to complete the BU Conflict of Interest form as well as consult the list of Coulter Oversight Committee members to determine if you may have a conflict of interest.
Oral Presentation (invitation only)
If your proposal is selected, your team is required to give a brief oral presentation to the BU Coulter Oversight Committee before June 19, 2014. The Committee will then select the awardees from this final group.