UCSF-Stanford Pediatric Device Accelerator
The UCSF-Stanford PDC Accelerator, our direct funding program, is offered once annually, with a call for proposals in January and participation running April to March (one year) for accepted applicants. The Accelerator is open to any promising pediatric device idea or project that, if accepted, is willing to invest the necessary time to work with the PDC, our advisors, and our Commercialization Advisory Board to develop their idea into a marketable product. Projects at any stage of development are encouraged to apply, with no restriction as to therapeutic area.
In addition to up to $50,000 in funding, the award involves mentoring, advising, and subsequent tracking of project progress, including regular progress and spending updates. The program is restricted to U.S.-based applicants who are not currently funded by another FDA-supported consortium.
Accepted projects considered by the PDC and its advisors to be commercially viable will receive a grant of up to $50,000 along with commercialization services as appropriate to the project’s stage and needs, including but not limited to:
Value estimate coaching
Product development planning
Mentorship by a PDC Commercialization Advisory Board member
Typically these services will be accomplished through 1-3 meetings with the respective PDC advisor over the course of the year. All projects will have check-in calls with the PDC at least quarterly to maintain momentum and ensure coordination of services.
Application deadline: February 8, 2019, 5:00 PM PST
Finalists notified: February 15, 2019
Pitch competition: March 29, 2019
The program is open to academic, business, or independent innovators with a promising pediatric device idea at any stage of development that, if accepted, is willing to invest the necessary time to work with the UCSF-Stanford PDC and its advisors to develop their idea into a marketable product. Selected finalists must be available to present at our pitch competition in Palo Alto, CA on Friday, March 29.
The device must meet the FDA definition of a medical device and must be intended for use in the pediatric population (birth to 21).
Projects that have been funded by another FDA-funded Pediatric Device Consortium within the past calendar year are not eligible. Funding status will be confirmed prior to finalist notification.
Applicants must be based in the United States.
Up to $50,000 per project (a total of $350,000 available)
Advising, prototyping support, and commercialization coaching by the UCSF-Stanford PDC and industry partners
Proposals will be evaluated on the following:
Unmet clinical need
FREQUENTLY ASKED QUESTIONS
How many hours per week will Accelerator participation entail? There is no pre-set schedule for Accelerator activities, and meetings can be scheduled at the mutual convenience of the team and advisor. Teams will come up with a development plan and schedule with assistance from the PDC. The amount of time required per week is dictated by the individual project’s development needs and stage, and varies widely.
Do we need to move to the Bay Area to participate in the PDC Accelerator? No, acceptance into the PDC Accelerator does not come with space or involve residency. All assistance through the PDC Accelerator can be accomplished virtually, although in-person meetings are encouraged whenever possible.
Does the PDC take equity in exchange for its assistance? No, the PDC takes no equity stake in its Accelerator projects. All assistance is provided under the auspices of the PDC’s FDA grant award, P50FD006424.
What other expectations come with Accelerator participation? Teams are required to provide quarterly progress updates to the PDC. In addition, teams must remain committed to developing and marketing their product for a pediatric indication. If this focus changes, the PDC reserves the right to stop funding/assistance.