Our next annual request for proposals to fund university biomedical innovations opens in the Fall. The application process is multi-staged and if selected to continue through the full cycle, applicants will prepare a proposal with commercialization milestones, a corresponding budget, and present two pitch presentations to the Biolocity Oversight Committee.

NEW Application Process 

  • Submit Video & LOI: Submit a 3-5 minute lightning pitch video and letter of intent (LOI). 
  • OC Evaluation: The Biolocity Team and Oversight Committee (OC) review pitches and LOIs to select projects for the next phase. 
  • Invitation for Full Application: Selected projects are invited to submit a full application and present a full pitch to the OC. 
  • Bench2Market Talk: Watch a 1-hour Bench2Market Talk on crafting a compelling pitch to prepare milestone and budget documents. 
  • Milestone & Budget Review: Attend a review session for milestone and budget planning. 
  • Submit Full Proposal: Submit the completed full proposal. 
  • Pitch Coaching: Attend mandatory full-pitch coaching. 
  • Final Pitch: Present the full pitch to the OC.

Eligibility

  • Intellectual property rights must be held (at least in part) by one of our partner institutions:
    • Emory University
    • Georgia Institute of Technology
  • At least one principal investigator must be affiliated with Emory or Georgia Tech
  • Technology must positively impact human health with compelling evidence for commercial potential
  • Two principal investigators are preferred – one technical expert and one clinical expert

Funding Cycle Timeline

Evaluation Criteria

Technologies are evaluated based on the probability of future commercial success and the following criteria:

  • Validity of unmet clinical need
  • Competitive landscape
  • Current and future market dynamics
  • Strength and nature of intellectual property
  • Addressability of regulatory risk
  • Nature of reimbursement landscape
  • High probability of attracting follow-on funding within 2-3 years of receiving an award

Email Biolocity@gatech.edu with any questions regarding the application process.