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Pitch Your Pediatric Innovation at Boston Children’s Hospital’s Innovation Tank

BCHInnovationTank

Have a great product solution for a pediatric healthcare problem? Think your inspired business plan belongs on ABC’s “Shark Tank”? Lucky for you, Boston Children’s Hospital’s Global Pediatric Summit and Awards is holding an Innovation Tank event right here in Boston on Friday, October 31 as part of their ‘Taking On Tomorrow’ event.

The forum will give pediatric innovators the opportunity to pitch their ideas to a panel of acclaimed judges: Bob David, General Partner at Highland Capital Partners; Danto Politi, Founder and General Partner at Spark Capital; Ivan Salgo, Senior Director of Cardiology at Philips Healthcare; Halle Tecco, Founder and Managing Director of Rock Heath; and Leonard Zon, Founder and Director of the Stem Cell Program at Boston Children’s Hospital.

“We don’t yet know who will apply or what their innovations are, but we know they will center on advancing health care for kids and that is absolutely worth encouraging and celebrating,” Dr. Leonard Zon said in a recent press release. Zin is known for using zebrafish as a platform for drug discovery. “I am excited to see what is brought to the Innovation Tank and how our collective experience can help give the presenters the momentum they need to push forward.”

Dr. Ivan Salgo, the senior director of Cardiology at Philips Healthcare, also commented in the release, calling pediatric disease a global imperative. “Health care innovation for pediatric conditions is at the center of improving quality of life, increasing access to care and helping lower cost just as it is for health care in general,” he said. “Helping children pursue healthier, more independent lives helps everyone.”

Expectations for the Innovation Tank are high – the forum will be moderated by Daymond John of Shark Tank and sponsored by Philips Healthcare. Every innovator will have the opportunity to win funding ($30,000) and feedback about how to accelerate their business model or product solution.

Individuals or teams are encouraged to apply for this event, and all applications must be received by 11:59 p.m. on September 12, 2014 in order to be considered. The original application pool will be narrowed down to ten semi-finalists who will be notified on September 19 and will be interviewed through video conferences during the week of September 22. After an internal vetting process, three finalists will be selected for the Innovation Tank. The finalists will compete at Boston Children’s ‘Taking on Tomorrow’ event on the afternoon of October 31. They’ll present their ideas live in front of event attendees and the judges – and they’ll have only six minutes to do it, followed by eight minutes of Q&A.

Think you might want to apply? Keep these things in mind:

  • Your innovation must advance pediatric healthcare.
  • You may apply as an individual innovator or as a team, and no specific background or experience is required.
  • In your entry, you must submit a summary of your business plan, including a description of the innovation, current work, a statement of need and potential benefits, an explanation of the innovation’s competitive advantage, a development outline, and an outline of funding sources needed.

For more information, visit the Boston Children’s Innovation Summit website.

Jenni Whalen

Jenni Whalen

    Jenni Whalen is the Executive Assistant of Editorial at Upworthy. She was previously MedTech Boston's Managing Editor and has an MS in Journalism from Boston University, as well as a BA in Psychology from Bucknell University. Whalen has written for Greatist, Boston magazine, AZ Central Healthy Living and the New England Journal of Medicine, among other places. She has also worked as a conference planner, ghost writer, researcher and content developer.

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