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The application process will begin in April and run through mid-May. A short application can be accessed directly through this web site. The Selection Process will unfold as follows:
- Immediately following the close of the Application Period, the Selection Committee will examine the full basket of applications for appropriateness for the BIO/Plan Competition. Factors such as the following will be considered:
- opportunity/concept falls within the life science sector, as defined in the description of an Ideal Candidate;
- correct stage of development;
- technology/opportunity will serve as the basis for the formation of a free-standing corporate entity, as opposed to being better suited to a licensing deal;
- the basic credentials of the applicants relative to the goals of the BIO/Plan Competition (primarily, the formation and promotion of new, venture-attractive enterprises) are demonstrated; and,
- one or more individuals are identified who will take primary responsibility for developing the opportunity during the mentoring process.
- The Selection Committee will review the applications and select the final 8 to 10 applicants who will be admitted into the BIO/Plan Competition as Selected Opportunities. This process should be completed by the middle of May.
All applicants will be notified immediately of the selection results and those Selected Opportunities that are selected to compete will be given further instructions regarding their continuing participation in the BIO/Plan Competition, including the contact information for their assigned Mentors as the mentoring process will commence immediately.
2010 Application Period Closed
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