Office of Translation and Innovation
The Office of Translation and Innovation (OTI) at CWRU School of Medicine works to foster commercialization, build relationships with pharmaceutical and biomedical device corporations, and develop strong partnerships in biomedical research at all levels. The office serves to assess and advise investigators with supported projects, to educate faculty, fellows and graduate students in technology transfer and development of research ideas, and to move promising candidates quickly from discovery to development.
Our approach includes:
- Building technologies by providing strong pre-clinical development programs
- Attracting capital using CWRU endowment and state grants as a foundation to attract partner investors
- Supporting the development of people by actively building entrepreneurship and
- Translational research support programs
CWRU Venture Mentor Program
The CWRU Venture Mentor Program (CVMP) provides team mentoring to CWRU and affiliate young faculty, students, and staff from a pool of local experts in a wide range of industries. Our process stems from the MIT Venture Mentor Service, a hugely successful program that has spawned over 100 similar programs across the U.S and around the world. Their processes are shown to provide a more likely chance that the venture will succeed, and that mentoring works best in a conflict-free, confidential, safe environment.
Biomedical Innovation and Entrepreneurship Club (BIEC)
Biomedical Innovation and Entrepreneurship club (BIEC) was created to provide graduate students, postdocs and research staff with the opportunity to learn about entrepreneurship and commercialization in the biomedical sector. The main goal of this club is to break down the barrier between academia and industry, allowing young researchers to explore their interest in developing their own products or start their own company. Every third Wednesday of the month, local experts are invited to introduce the basics of commercialization such as intellectual property, regulatory, finances available at CWRU, and entrepreneurship opportunities here at CWRU to our trainees, and each meeting is wrapped up with a networking session.
Past meetings include:
- Alumni panels
- CWRU Tech transfer office
- Pitch deck workshop
- Use LinkedIn to network and job search