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Overview
The CFB’s business development programs and services generate positive economic impact in New York State through the support of new venture creation and emerging bioscience company growth. The CFB utilizes considerable resources to advance corporate outreach efforts to facilitate meaningful interactions with industry, as well as to deliver various programs of benefit to our academic partners and corporate clients.
These programs include:
Long Island Innovation Boot Camp/Pre-Seed Workshop
The CFB co-organizes the annual Long Island Innovation Boot Camp/Pre-Seed Workshop to support entrepreneurial faculty interested in launching a company based on technology they developed at Stony Brook University. The Innovation Boot Camp is an event which rallies community talent and resources to investigate and transform commercially promising technologiesinto pre-seed stage companies. Formally presented by Mark Wilson and Judy Albers, Ph.D., the Innovation Boot Camp occurs several times per year in host city locations throughout New York State. The Innovation Boot Camp primarily consists of the following eight idea analysis sessions:
- The Technology: Do you have a proprietary product?
- Technology to Market Map: To whom will you sell?
- Market Need: Where is the pain?
- Competition: Why will you win?
- Business Model: How will you operate?
- Revenue Potential: How big is this opportunity?
- Management Team: You and what army?
- Technology Status: What does the roadmap look like?
Participating teams are lead through these eight modules so that they can address key questions and generate a series of slides that constitute the foundation of a presentation that they deliver on the afternoon of the second day before a panel of community experts.
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SBIR/STTR Outreach and Assistance Program
With $50,000 in seed capital provided by Suffolk County in 2007-2008, the CFB formalized a SBIR/STTR Outreach and Assistance Program to encourage and assist eligible bioscience companies wishing to pursue federal funding for high-risk, high-reward technology commercialization efforts.
SBIR/STTR Outreach and Assistance Program Goals
- Increase successful Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) applications from bioscience companies in New York State, and particularly in Suffolk County
- Facilitate collaborative relationships and access to specialized research facilities between bioscience companies and regional research institutions
- Utilize the SBIR/STTR Outreach and Assistance Program to attract, retain and develop bioscience companies in New York State, particularly in Suffolk County
SBIR/STTR Outreach and Assistance Program Services
- Education and information dissemination about the federal SBIR/STTR program.
- Facilitate access to academic collaborators and core research facilities that add world-class technical expertise
- Assist in locating incubator and/or commercial laboratory and office space
- Offer a reduced 15% indirect cost (IDC) rate to encourage Phase I SBIR/STTR sub-contracts to Stony Brook University faculty
Past Events
2008 Long Island Regional SBIR Workshop
For more information about SBIR/STTR funding, visit our Funding page
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BioStrategy Sessions
Held monthly, BioStrategy Sessions allow corporate clients to deliver a presentation about their business, followed by an intense strategic discussion to address critical issues, highlight potential weaknesses and provide actionable guidance. BioStrategy Sessions simulate the experience of presenting to angel investors, venture capitalists and/or potential corporate partners to assist bioentrepreneurs to better appreciate the expectations of these audiences while providing useful business development and technology commercialization advice.
The core group of CFB-affiliated advisors currently includes:
- Michael Bielski, M.S., J.D., Center for Biotechnology (formerly with IPCapital Group)
- Sean Boykevisch, Ph.D., Office of Technology Licensing and Industry Relations, Stony Brook University
- Adam DeRosa, Ph.D., Office of Technology Licensing and Industry Relations, Stony Brook University
- Anil Dhundale, Ph.D., Stony Brook University Incubator Program (formerly with OSI Pharmaceuticals)
- Ric Overton, Overton Operations Advisors, Ltd. (formerly with Forest Laboratories)
- Mark Palermo, J.D., MBA, College of Business, Stony Brook University
- Warren Pearlson, MBA, Independent Consultant, Target Health, Inc. (formerly with Pfizer)
- Bernie Ryba, MBA, CPA, Small Business Development Center (formerly with Pfizer)
- Jeffrey Saelens, Ph.D., Small Business Development Center (formerly with Novartis and other Big Pharma)
- Joseph Scaduto, M.S., MBA, Center for Biotechnology
- Chris Szustkiewicz, MBA, Ph.D, ABCC, CK Regulatory & Compliance Associates, Inc.
- Poornima Upadhya, Ph.D., MBA, Technology Commercialization and Partnerships, Brookhaven National Laboratory
Additional guests are frequently invited to provide additional insight and guidance
Strategy Session Dates in 2012
| January 20, 2012 |
February 17, 2012 |
| March 16, 2012 |
April 20, 2012 |
| May 18, 2012 |
June 15, 2012 |
| July 20, 2012 |
September 21, 2012 |
| October 19, 2012 |
November 16, 2012 |
| December 14, 2012 |
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To view a PDF of BioStrategy Session objectives, click here.
Technology Commercialization Clinic (TCC)
Through the Technology Commercialization Clinic (TCC), the CFB offers business development, strategic planning and market analysis services to client companies, entrepreneurial faculty, and technology transfer offices statewide. Modeled after a program administered by the Science and Technology Law Center (STLC) at Syracuse University and supported by New York Assemblyman William Magnarelli, the TCC employs the expertise and experience of CFB staff, as well as students from the College of Business at Stony Brook University and Touro Law School, to evaluate market opportunities, develop business plans and provide commercialization strategies in an effort to assist clients, guide technology development investments, and generate economic impact as a result of these services.
Corporate and Academic Clients
- AcousticScan, Inc.
- Autoimmune Therapeutics, Inc.
- Celmatix, Inc.
- Codagenix, Inc.
- CST Growth, LLC
- EndoMedix, Inc.
- inGenious Targeting Laboratory (iTL)
- NeoMatrix Formulations, Inc.
- Office of Technology Licensing and Industry Relations, Stony Brook University
- TechnoVax, Inc.
- Ultradian Diagnostics, LLC
For more information about any of the business development services offered by the CFB, please contact Joseph Scaduto, Assistant Director of Business Development at jscaduto@stonybrook.edu or 621-632-1064.
To view a PDF of Technology Commercialization Clinic objectives, click here.
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