Invention Roadshows for SBIR Inventors
We sponsor Invention Roadshows around the world where medical and SBIR research companies have an opportunity to present their invention to a panel of medical device and healthcare experts at no cost to the inventor. The SBIR inventor receives professional advice, development guidance and encouragement from a friendly, honest gathering of opinion leaders in healthcare and medical products development. We bring the process to you!
If the SBIR sponsored invention meets Eureka’s target criteria, Eureka may decide to accept the inventor’s idea for further development and commercialization through Eureka’s network of leading healthcare distributors and advanced medical technology channel partners. There is no cost to the Medical Inventor for our product development services.
View the current schedule of events! Invention Roadshow Calendar
Our Invention Roadshows are scheduled across the country in key regional centers of life science excellence, such as Washington DC for the Mid-Atlantic Region, California for the Western Region, Chicago for The Midwest, and Boston for the Northeast. We are enthusiastic to see your medical invention and hope you will find these locations convenient. The Invention Roadshow city rotation changes frequently to broaden our reach and extend the convenience. We also schedule Roadshows around key medical and technical conferences such as the Transcatheter Cardiovascular Therapeutics, Neuroscience, National Association of Spinal Surgeons, and Materials Research Society Meeting. We bring the process to you!
Sign up to present your invention to our panel of experts at: Invention Roadshow Registration
Our Model Synchronizes Risk to Reward = Win / Win / Win
The successful venture capital model targets only blockbuster product opportunities that can be supported initially by a single product application and requires a 15% to 20% success rate to payout for investors. This creates a risk reward balance and a demanding commercial focus that is uncomfortable or unacceptable for most medical researchers. Yet it is the primary avenue available for an independent medical researchers and SBIR recipients to commercialize an invention.
In addition, single product start-up ventures are not the ideal channel for many of the new device ideas conceived by SBIR sponsored researchers. Just because an SBIR inventor does not get venture funded or a venture fails at commercializing a single medical device, does not necessarily mean that the product being commercialized was a bad idea. In many cases the new invention would likely have had a good commercial fit with a channel other than a single-product start-up venture.
Given these obstacles and inefficiencies, we are confident that there are at least ten value creating medical innovations lost for every one that is successfully commercialized. Our model is based on a win, win, win method. We are confident that our straightforward, direct commercial approach will capture value for all of our stakeholders. We find the best of the product ideas conceived by SBIR researchers and bring them to the medical supply markets to create value for the inventor, Eureka and our sponsoring companies -and most importantly to enhance life.
The SBIR program was established under the Small Business Innovation Development Act of 1982 SBIR funding was reauthorized again with an extension until September 30, 2008 by the Small Business Reauthorization Act of 2000 (P.L. 106-554).
Sign up to present your invention to our panel of experts at: Invention Roadshow Registration