INpact is in the IBJ again…

As they continue to help Indiana medical device companies get their products to market, more and more people are taking notice. They have grown to 30 members from when they started in 2008 and roughly 50 people in attendance at their monthly meetings. If you’d like more information on the INpact meetings, contact Jon Speer.

Probably their best example of how they help local medical device companies is with Daraza, the subsidiary of Therametric Technologies. Daraza developed a devide called FluoreCam with the assistance of the INpact members that will help with early detection of cavities.

For more information on the process that INpact members took Daraza through, click here.

January 2007 - December 2008:

Daraza launches the process be developing the FluoreCam proof-of-concept prototype.

January - April 2009:

Daraza has a functional prototype in hand and recruits Priio to develop additional features to make device more usable. Lebanon-based Online Resources, Inc. assisted Priio in this.

April - October 2009:

Daraza works with RND Group, Inc. to develop the software application for FluoreCam.

October - November 2009:

Daraza brings in Creo Quality, LLC to do the FDA submission work on the project.

April 2010:

Daraza received FDA approval and set launch for device for October 2010. The device will be marketed to dentists for about $5000.

INpact 2nd Annual OPEN HOUSE

Please join members of INpact for an evening of networking and meet others in the medical device field with experience and opportunities to help entrepreneurs and companies with product development to effectively launch new products.

Time: 6:00 - 9:00 p.m.
Location: Bingham McHale
10 W. Market St.
Suite 2700
Downtown Indianapolis

Reminder for medical device entrepreneurs: INpact offers an advisory panel to review your technology and provide guidance for your next step. This is a FREE service.  Contact info@inpact.org for more details.

Click Here to Register for this Event

You can now order INpact wear!  Click on the link below.
http://ocs.landsend.com/cd/frontdoor?store_name=INpact&store_type=3

We look forward to seeing you!

Jon Speer
765.315.2736
jspeer@creoquality.com

INpact’s Mission:
Assist medical device companies to bring new product and technologies to market in timely and efficient manner. Focus on early stage, entrepreneurial, start-up or small medical device companies primarily in Indiana. Members of the network are service providers with a primary focus on product development. Utilize years of medical device expertise to provide the roadmap for successful product/business development.

For more information visit: www.INpact.org.

The IURTC is taking the lead in preparing a grant application for a new program from several federal agencies led by the Economic Development Administration, called the i6 Challenge. This grant is a new $12 million innovation competition administered by the Economic Development Administration (EDA) of the U.S. Department of Commerce, in partnership with the National Institutes of Health (NIH) and National Science Foundation (NSF).  EDA will award up to $1 million to each of six winning teams with the most innovative ideas to drive technology commercialization and entrepreneurship in their regions.  NIH and NSF will award a total of up to $6M in additional funding to their Small Business Innovation Research grantees associated with winning teams.

i6 Challenge Goals: to accelerate technology commercialization and new venture formation as a driver for economic growth and new job creation.

One of the grant requirements is to leverage regional strengths. We feel one of Indiana’s strengths is in the willingness of community individuals and businesses to get involved in innovative solutions to statewide challenges. We would like for the companies that are members of INpact and the medical device community to play a role in bringing this program to fruition.

Application Deadline: Mid-July

If you do decide to get involved, we will only need a one page letter of participation to submit with the grant. We encourage entrepreneurs, investors, universities, foundations, and non-profits to participate in the i6 Challenge.

For more information, please go to www.eda.gov/i6

INpact June Meeting

The next INpact meeting is scheduled for Friday, June 18, 2010.

Speakers
SonarMed - Andy Cothrel
Barger Packaging - Mike Auger

Reminder for medical device entrepreneurs: INpact offers an advisory panel to review your technology and provide guidance for your next step. This is a FREE service.  Contact info@inpact.org for more details.

Time: 11:00 a.m. - 1:00 p.m.
Location: Bingham McHale
10 W. Market St.
Suite 2700
Downtown Indianapolis
Cost: Non-members $20. Payment can be made at the meeting. Please make check payable to INpact.

Click Here to Register for this Event

You can now order INpact wear!  Click on the link below.
http://ocs.landsend.com/cd/frontdoor?store_name=INpact&store_type=3

We look forward to seeing you!

Jon Speer
765.315.2736
jspeer@creoquality.com

INpact’s Mission:

Assist medical device companies to bring new product and technologies to market in timely and efficient manner. Focus on early stage, entrepreneurial, start-up or small medical device companies primarily in Indiana. Members of the network are service providers with a primary focus on product development. Utilize years of medical device expertise to provide the roadmap for successful product/business development.

For more information visit: www.INpact.org.

The event agenda will be ready very soon. Send an email to info@inpact.org for email updates. Check out INpact’s website for details from previous meetings.

When: May 21, 2010

Time: 11:00 a.m. - 1:00 p.m.
Location: Bingham McHale
10 W. Market St.
Suite 2700
Downtown Indianapolis

Cost: Non-members $20. Payment can be made at the meeting. Please make check payable to INpact.