Medical Funding Opportunities in the US National Institutes of Health and the Department of Defense Medical Community
NRC-IRAP’s Biomedical Sector Team is partnering with Life Sciences BC to host a local workshop on how Canadian Companies can obtain non-dilutive funding, directly or indirectly, from the US National Institutes of Health (NIH) and/or the Department of Defense (DOD) medical community.
Although not as straightforward as it is for American companies, there are various pathways for Canadian companies to work with the US NIH and DOD medical community. The NIH is currently sponsoring more than 900 projects outside of the US totaling more than $880M USD – 160 within Canada totalling more than $60M USD. The DOD medical community has had nearly 350 projects in Canada totalling nearly $100M.
The presenter will cover these pathways in the workshop and provide up to date insights into how you may be able to work with the US NIH and DOD medical community. The presenter will also be available for private meetings with interested companies to discuss their unique situation and potential eligibility for NIH and/or DOD funding after the workshop and the following two days.
The US federal government has been one of the largest investors in medical research and development. This investment is made through a variety of mechanisms and government organizations, including the National Institutes of Health (NIH) and the Department of Defense (DOD). The goal of the Workshop is to inform and facilitate access to funding opportunities for Canadian SMEs from the US National Institutes of Health and the US Department of Defense.
David D Hood MS, MBA, PMP
David Hood has worked with the US National Institute of Health’s Commercialization Assistance Program (CAP) for more than 5 years as a presenter, panel moderator, principle advisor, expert resource, mentor and coach. He has reviewed some of NIH’s most promising emerging companies; more than 25/year. He has conducted successful workshops on how to work with the US NIH at various international and domestic venues.
Dave Hood also served as the Senior Advisor to the Principal Assistant for Acquisitions at the US Army Medical Research and Material Command for more than 5 years. Prior to that, he was the co-founder and President of Integrated Medical Systems where he was also the co-inventor of the company’s core product line overseeing the product’s evolution from idea to initial use in the field/hospitals. Prior to being selected to guide this successful spin-out from Northrop Grumman, he served as a Senior Program Manager successfully guiding the development and deployment of various integrated sensor systems for high performance aircraft, missiles, and satellites including the stealth bomber and the Global Positioning Satellites (GPS).
He has successfully worked with the US and European governments to sponsor funding for innovative medical products yielding over $ 37M in non-dilutive funding for a single project over several years. Mr. Hood holds Master’s degrees in Science and Business. He is a certified Project Management Professional and has received executive training from the University of Southern California and the Massachusetts Institute of Technology.
Mr. Hood works closely with a number of medical device industry experts and public policy consulting firms as needed to deliver a comprehensive team with the skills to execute successfully on various projects.
Date: Monday March 20, 2017 & Tuesday March 21, 2017
Location: National Research Council, Vancouver Office – 4250 Wesbrook Mall, Vancouver BC
Day 1 – Monday March 20, 2017
Registration and Breakfast: 8:30 am – 9:30 am
Presentation :9:30 am – 11:00 am
Break: 11:00 am – 11:15am
Hearing from Awardees Panel: 11:15 am – 12:00 pm
One on One Meetings: 1:00 pm – 5:45 pm
Day 2 – Tuesday March 21, 2017
One-on-One meetings: 8:45 am – 5:45 pm
If you are interested in a one-on-one meeting slot, please discuss with your ITA. If you decide to apply for a one-on-one meeting, please provide a one-page summary on your company and the technology with which you would like NIH and/or DOD help. Please forward your application to Paul.Barran@nrc-cnrc.gc.ca and type NIH/DOD Application followed by your company name in the subject line. Space is limited so make sure to send in your application early.
For more information, please contact: