Seeking and celebrating the finest in student biomedical innovations

BME IDEA Competition

BME IDEA Competition Sponsored by •NCIIA,

•Medical Design Excellence Awards / Canon Communications, llc,

•Industrial Design Society of America (IDSA),

in partnership with•Biomedical Engineering Society and

• the Council of Chairs of Bioengineering and Biomedical Engineering Programs

We are seeking additional corporate and foundation sponsors to support contest expenses and expansion.

30 Institutional Participants as of October 4, 2004

BME IDEA Competition

Arizona State University

Boston University

Carnegie Mellon University

Case Western Reserve

Duke University

Florida International University

Georgia Institute of Technology

LeTourneau University

Lousiana Tech University

Marquette University

Milwaukee School of Engineering

North Carolina State University

Rose-Hulman

Rutgers, the State University of New Jersey

Tulane University

Stanford University

University of California, Irvine

University of Cinncinnati

University of Miami

University of Pittsburgh

University of Rochester

University of Southern California

University of Texas, Austin

University of Wisconsin

Vanderbilt University

Washington State University

Washington University

Washington University School of Medicine

Wayne State University

Wright State University

Contest ObjectivesTo identify and recognize innovative, commercializable medical devices and technologies developed by entrepreneurial student teams. Winning entries will – solve a clinical problem; – meet technical, economic, legal, and regulatory

requirements; – feature novel and practical designs; and – show potential for commercialization.

BME-IDEA Competition

Structure• Participation is by invitation with one contest entry

per school.• Interdisciplinary Teams • Categories: surgery, therapeutic applications,

diagnostic applications, rehabilitative and assistive technologies, and home healthcare.

• Participating teams receive a $500 stipend in the form of reimbursement for team expenses.

• All competition transactions take place online, using a tool located at www.nciia.org.

BME- IDEA Competition

Schedule– December 1, 2004: Registration deadline– April 15, 2005: Competition materials

submission deadline (online)– April 16-June 15, 2005: Judging of

entries– June 2005: Finalists announced– October 2005: Winners announced at

BMES Conference

BME-IDEA Competition

Judging– Initial judging will take place in

conjunction with the MDEA conference in June 2005

– Judges will be drawn from MDEA panels along with appropriate faculty from BME and Business

BME-IDEA Competition

Criteria: Entries will be judged on – Technical feasibility– Clinical utility– Economic feasibility and market

potential– Novelty and patentability– Potential for commercialization– Benefit to quality of life and care

BME-IDEA Competition

Technical Feasibility

• Ability of design to meet customer needs and solve clinical problem

• Ability of design to meet technical and performance requirements– Applicable industry standards (ASTM,

AAMI)– Compliance with regulatory

requirements (FDA, ISO, EU)

Clinical Utility

• Design features that provide enhanced benefits to patients or end user– Comfort, fit, safety, serviceability, etc.– Overall improvement of healthcare

• Potential for design to – Impact quality of life, and quality of

care– Reach underserved populations

Economic Feasibility and Market Potential

• Ability of design to meet cost constraints

• Potential to meet needs of market• Ability to serve large share of

potential market• Potential for device/technology to

obtain regulatory approvals

Novelty and Patentability

• Innovative use of materials or components

• New application of existing technologies in design of product

• Innovative manufacturing process or design changes that significantly reduce manufacturing costs

• Potential for patentability

Potential for Commercialization

• Assessment of potential market success– Market analysis

• Market need and size• Estimated manufacturing cost, selling price• Reimbursement status

– Anticipated regulatory pathway– Assessment of patentability & prior art– Business plan

Awards and Recognition– Prizes will be awarded in a

ceremony at the BMES conference in October 2005.

– Prizes will include cash awards of $10,000 and product development and commercialization resources, including recognition in Canon llc publications.

BME-IDEA Competition