IDEA² Global provides mentoring and connections to biomedical innovators around the world to develop their project ideas and to provide the expertise to realize them. It is especially valuable for trainees, early-stage professionals and those who have few opportunities in their normal work to participate in innovation projects.
Each 6-month edition of IDEA² recruits new project teams of one or more individuals, and provides innovation training, presentation skill building, and team-specific mentorship and guidance by internationally-recognized experts.
Teams who complete IDEA² have technology projects more clearly focused on unmet medical needs, a broader network of connections, and improved ability to compete for collaborators and funding.
What’s the IDEA² process? How do the mentors help the teams? Program chair Dr Mercedes Balcells-Camps and mentor Dr Norberto Malpica give an overview.
- April 24 Midnight: Applications due
- May 15: Public announcement of IDEA² Global Class of 2017
- May 17: IDEA² Global orientation
- June 5 & 6: Impact Proposition I workshop at MIT
- June – October: Mentor assignments (ongoing)
- October 16: Impact Proposition Workshop II (Web conference; two locations streaming from MIT and Madrid)
- November 16: Pitch training seminar (via Web conference or in person in Madrid)
- December 8: Final Pitch Presentations at MIT
IDEA² Global stages
- Project teams are recruited internationally through an open call from universities, medical centers, and entrepreneur sector
- Focus on people and teams that can benefit most from mentorship and international expertise
- Partners can participate in recruiting and selection through many means, such as custom calls for applications, special events like competitions, sponsorships,
- Teams are matched with mentors for specific expertise
- Teams typically interact 1:1 with mentors 2–4 times, but there is no limit
- Impact proposition workshops help teams refine their project definition, strategy, and story
- Additional pitch skills workshops help teams prepare to make the case for support or collaboration
- Partners can participate as mentors, resource connections, and/or workshop faculty
After IDEA² Global
- Awardee teams connected to additional resources and support
- Teams compete for further funding and investment from other sources
- Teams enjoy expanded network access
- In some cases, teams start new companies