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The Pilot Track (IX)
The InsiteXccelerator Pilot Track (IX) supports biomedical innovators in the early stages of commercialization. Selected teams receive:
Up to $25,000 in immediate, non-dilutive research funding.
Hand-picked mentor with experience in your area of research.
Commercialization training designed to boost the competitiveness of your federal grant proposals.
Get paid to accelerate your venture’s path to federal funding!
The IX Pilot Track accepts applications on a rolling basis. Applicants will be notified of their status within approximately one month of submitting their application. To learn more about the Education Track curriculum that is included in the Pilot Track (IX), see below.
Funding is limited.
Apply today.
Eligibility
To qualify, your team:
must be based in Maine, New Hampshire, Vermont, Rhode Island, or Delaware
must be working with intellectual property (IP) owned by your institution
be developing a biomedical or life sciences product or innovation with high impact potential
must be affiliated with a member institution in InsiteXccelerator
must include at least one eligible Principal Investigator at the member institution
does NOT need to have an existing company
Proposal Scope
We are seeking proposals that aim to resolve critical technical uncertainties that stand in the way of commercialization. Competitive applications will:
Articulate a clear business case with go/no-go research milestones
Request up to $25,000 in non-dilutive funding to derisk the technical aspects of your innovation, and indirect costs are capped at 20%
Outline a project timeline of 6 months or less
Exclude any confidential or proprietary information
Pitch Considerations
Finalists will be selected for a 10-minute pitch with 10 minutes of Q&A with the reviewers
Selection Criteria
Strength of value proposition
Clinical relevance and patient impact
Market potential and competitive positioning
Quality and feasibility of the research plan
Readiness and experience of the team
Strategic use of funds to enable next steps
The Education Track
The IX program has two tracks, the Pilot Track and the Education Track. The Education Track provides online, self-directed training modules but does not include funding or mentoring. If you are in the early stages of your biomed innovation, this Track provides valuable support and insights.
The Education Track will guide you from brainstorming and spotting market opportunities to creating and executing a product strategy that meets customer needs. Participants begin the program by assessing their skills at registration, allowing you to access a tailored curriculum that addresses your specific needs. This personalized approach helps both new and seasoned innovators focus on what they need to improve and get targeted learning support.