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The Epilepsy Therapy Project, known as the parent organization of epilepsy.com and as funders of select epilepsy research, is inviting proposals -- from people with epilepsy, families, friends, entrepreneurs, students -- for a grant to develop a novel "concept" that will help people with epilepsy. The winner of the 2012 Shark Tank competition will receive national recognition and a cash award supporting the development and commercialization of an important new product, technology or therapeutic concept.
Your idea could net you $50,000 to accelerate its development.
Applicants will provide a concept letter. The top four or five proposals will present their product concepts or candidates at the Epilepsy Pipeline Update Conference in San Francisco on Feb 2, 2012. The winning entry will be selected by a panel of judges representing physicians and scientists, corporate executives, leading industry investors, people with epilepsy and their family members. The project deemed to be the most innovative will be announced at the conclusion of the conference, and the winner will receive a $50,000 grant to accelerate the idea towards improving the quality of life of people with epilepsy. All finalists will receive a travel stipend to attend the conference and free conference registration.
Examples of novel concepts:
Details:
LOI Applications due December 15, 2011
The proposal must include information about intellectual property, and a brief development outline with milestones for deliverables. Explain the potential impact on people with epilepsy in terms of the creativity/ingenuity of the concept, as well as significance of this concept as an advancement for people with epilepsy.
Eligibility:
Applicants must demonstrate an ability to move the proposed plan to completion, showing how the prize can accelerate any step along the path to market.
Applicants may reside in any country. No specific background or experience is required.
Address questions to sharktank@epilepsytherapyproject.org.
Please submit your LOI by December 15, 2011, 11:59 PM Eastern Time
Proposal Content and Layout
Proposal Submission
Proposals will be scored based on the following criteria:
Selected Proposals
Four proposals will be selected for presentation at the Epilepsy Pipeline Update (Feb 2, 2012, San Francisco, CA). Applicants selected to present will be notified by December 30, 2011. Each presenter will have 5 minutes to present the concept, followed by 5 minutes of questioning. The winner will be selected by a panel of judges including investors, scientists, and patients/families. Announcement of a winner will be made at the end of the day.


