The NIH BIO-Entrepreneurship Capstone Program – Application/Registration
About the BIO-E Capstone Program
The BIO-Entrepreneurship Capstone represents a unique opportunity for academic scientists and those in the academic research pipeline – including students (undergraduate and graduate) and postgraduate research fellows – to learn about life science R&D/Commercialization and bio-entrepreneurship. The three-staged program begins with design thinking and the fundamental principles of Lean Startup as applied to the life sciences, advances through immersive learning in customer discovery and business hypothesis validation; and ends with a select group attending the Annual International BIO Convention – to be held June 4 – 8 in San Diego, CA. Throughout the program, participants will learn from experienced Lean Startup-certified instructors and mentors, and will have access to case studies while learning how to develop and build a minimal viable product (MVP).
Interest in Promoting Diversity
Every facet of the United States scientific research enterprise from basic
laboratory research to clinical and translational research to policy
formation requires superior intellect, creativity, and a wide range of skill sets
and viewpoints. NIH’s ability to help ensure that the nation remains a global
leader in scientific discovery and innovation is dependent upon a pool of highly
talented scientists from diverse backgrounds who will help to further NIH's
mission.
Research shows that diverse teams working together and capitalizing on
innovative ideas and distinct perspectives outperform homogeneous teams.
Scientists and trainees from diverse backgrounds and life experiences bring
different perspectives, creativity, and individual enterprise to address complex
scientific problems. Many benefits flow from a diverse NIH-supported
scientific workforce, including fostering scientific innovation, enhancing global
competitiveness, contributing to robust learning environments, improving the
quality of research, advancing the likelihood that underserved populations and
those that experience health disparities and inequities participate in and
benefit from health research, and enhancing public trust. For more
information, see NOT-OD-20-031: Notice of NIH's Interest in Diversity.
To help promote a diverse entrepreneurial research workforce within the life
science industry, NIH particularly encourages individuals from underserved
populations and underrepresented racial and ethnic groups to register to
participate in the program. Students, postgraduate fellows, and early career
faculty from HBCUs, HSIs, and Native and Tribal Colleges are also encouraged
to participate.
Eligibility
The BIO-Entrepreneurship Capstone is open to students, postgraduate fellows, and early career faculty in the life sciences. Candidates who are new to the NIH funding ecosystem are encouraged to register, as no prior funding or active NIH project experience is required.
Program Design
The BIO-Entrepreneurship Capstone managed through a partnership with the Bio E. Capstone.
The program consists of three stages with gated advancement from stage one through stage three. At each stage, Lean Startup certified instructors and product development experts use case studies and mentored feedback to facilitate learning.
1
Stage 1 – Introduction to Life Science Entrepreneurship and Commercialization (~6 weeks, virtual)
Stage 1 of the program consists of virtual interactive sessions to introduce fundamental principles of design thinking and Lean Startup methodology.
At the end of six weeks, participants should be able to:
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Characterize unmet market needs
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Identify key product attributes
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Conduct customer and stakeholder interviews
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Validate business opportunities
2
Stage 2 – Project Development (~8 weeks, virtual)
Stage 2 participants will be selected for a limited number of slots based on Stage 1 performance and project proposals. Participants are required to form or join entrepreneurial teams for a deeper immersion into advanced customer discovery, market research, validating business hypotheses, IP management, and entrepreneurial leadership mentoring and coaching.
3
Stage 3 - BIO International Convention Preparation & Presentation (~2 Weeks, in-person required)
Participation in Stage 3 is on a competitive basis after successful completion of Stages 1 and 2. Selected participants are provided with personalized coaching and prepared to attend the 2024 BIO International Convention (June 3rd – 6th, 2024). Participants may also have the opportunity to present their project to life science industry representatives.
Participation in all stages of the BIO-Entrepreneurship Capstone is free.
PARTICIPATION IN ALL STAGES OF THE BIO-ENTREPRENEURSHIP CAPSTONE IS FREE.
Please note the asterisk * indicates questions that are required to complete registration.