Innovation Day 2016


Bring your bright ideas to Innovation Day
Wednesday, October 12, 2016 at Biocom San Diego

Join us for lunch, get inspired by the presentations, and network with our executives.

Want to hear innovative ideas that could positively impact the scientific community, or do you have one to share? RSVP to attend this San Diego event for the unique opportunity to network with like-minded scientists and entrepreneurs, and to meet our researchers, business managers, and executives.

Thermo Fisher Scientific, Biocom, and Connect are providing you with an exciting opportunity to submit your idea for a chance to present it to our executives, win a cash or product credit prize, and maybe even have your idea become commercialized.

Biocom
10996 Torreyana Road,
Suite 200
San Diego, CA 92121

 

Prizes

$15,000 in prize awards are available to the winning innovations. These include:

  • First prize: $10,000 cash award
  • Second prize: $3,000 Thermo Fisher Scientific product credit
  • Third prize: $1,000 Thermo Fisher Scientific product credit
  • People’s Choice Award: $1,000 Thermo Fisher Scientific product credit

Submit your idea within the following categories:

  • Research tools—Innovative technologies, reagents, devices/apparatus, products, and ideas that can solve an unmet customer need in the research tools market
  • Consumer devices—Application of consumer devices (e.g., mobile phone technologies) to research tools area
  • Product improvements—New combination, use, or improvement to Thermo Fisher products

Submissions will be rated based on the following selection criteria:

  • Degree of innovation: is the submitted idea original and innovative? For example, does the idea challenge existing paradigms or address an innovative hypothesis / critical barrier to progress in the field? Does the idea develop or employ novel concepts, approaches, methodologies, tools, or technologies? Is this a ‘game-changing’ innovation? (25%)
  • Value to customers: is there a pent-up demand, or does the idea solve an unmet need of customers? (25%)
  • Technical and/or commercial feasibility: if the innovation is still in development or at concept stage, how likely is the innovation to be technically achievable? For example, is there a working prototype demonstrating proof-of-concept, or does the innovation rely on established and proven concepts or components that will likely work in a new combination? If the innovation is product-ready, how likely is the product to be a commercial success? For example, is the path to market well defined, is the product customer-friendly or easy to implement, is the product easy to manufacture, is the product able to be scaled up to meet demand? (25%)
  • Commercial opportunity: is there an estimated large commercial opportunity for the submitted idea? For example, is there a large addressable market? Are customers willing to pay for the innovation? Are there few competitors in the space? (25%)

Timeline:

  • Submissions accepted Aug. 8–Sept. 25, 2016
  • Up to 24 semifinalists will be chosen and notified on approximately Sept. 26, 2016
  • The semifinalists must submit slides (in anticipation of being a finalist) by October 10, 2016
  • October 12 (morning) semifinalists give a 5-minute presentation to judges
  • October 12 (afternoon) up to 6 finalists present to judges and the public

Invite your friends and colleagues to RSVP and support you by voting for you in the People’s Choice category.

Many executives and decision makers will be judges and available to meet at Innovation Day 2016, including:
 

Peter Silvester

President, Biosciences Division,
Life Sciences Solutions Group
Thermo Fisher Scientific

Mike Lafferty

Vice President, Research & Development,
office of Chief Scientific Officer
Thermo Fisher Scientific

Lalit Dhir

Vice President, BID Strategy,
Portfolio & Business Development
Thermo Fisher Scientific

Drew Burch

VP, Strategy and Business Development
Life Sciences Solutions
Thermo Fisher Scientific

Amy Butler 

VP General Manager Cell Biology
Thermo Fisher Scientific

Traci Libby

Director, Licensing and Innovation Partnerships
Thermo Fisher Scientific

Helge Bastian

Vice President & General Manager,
Synthetic Biology and SamplePrep
Thermo Fisher Scientific

Jennifer Landress

Sr. VP and COO
Biocom

Jonathan Chestnut

Sr. Director, Synthetic Biology R&D
Thermo Fisher Scientific

Greg McKee

President & CEO
Connect

Valerie Bresslerhill

VP & GM Flow Cytometry
Life Science Solutions
Thermo Fisher Scientific

Times below are for Innovation Day 2016, held on October 12, 2016.

Time Activity Attendance
10:00 a.m.–12:00 p.m. Morning pitch sessions Available to semifinalists only
12:00 p.m.–1:00 p.m. Lunch Available to public, please RSVP
1:00 p.m.–3:00 p.m. Thermo Fisher introduction followed by the 6 finalist presentations
3:00 p.m.–4:15 p.m. Break and awards
4:15 p.m.–6:30 p.m. Happy hour and networking. Take this chance to meet the judges!

The FAQs below apply to the Innovation Day event held on October 12, 2016 only.

No. However, please note the special conditions for Health Care Professionals below.

Yes, you are responsible for your own accommodations and travel to the event. No travel assistance or accommodations will be provided.

The term “Health Care Professional” includes clinical or non-clinical physicians (including MDs and MD/PhDs), and physician assistants, nurses, technicians, research coordinators, administrators and purchasing personnel and entities (including hospitals, rehabilitation centers, nursing facilities, home health agencies, clinics and group purchasing organizations, managed care organizations, physician group practices, medical directors for health insurance organizations) and their employees and representatives who are involved in the actual provision of health care services.

Yes, but you must tick the “I am a Health Care Professional” box in the RSVP form and on the day of the event you must sign in at registration confirming you are a Health Care Professional. This is for our reporting requirements for any food and/or beverages provided to you at the event.

No, employees of Thermo Fisher and its affiliates, as well as their immediate family members and household members, are not eligible.

Yes, and there is no purchase required.

No, the applicant is not required to grant any intellectual property rights.

No, but if appropriate, Thermo Fisher may be interested in further discussions relating to how we can work with you to commercialize your innovation.

Approximately September 26, 2016, preferably by email.

Semifinalists may bring their own computer and, preferably, presentation handouts due to the quick presentation format. Please note that no audio-visual support will be provided– e.g., no external power, projector screens or the like. Each semifinalist will have five (5) minutes to present and five (5) minutes of questions and answers by the judges.

During the morning session of Innovation Day (October 12, 2016), you will present to a panel of judges. You will be judged based on the judging criteria. See “What are the judging criteria?” below. There may be other semi-finalists presenting to another judging panel at the same time in the same room.

Finalists will be notified in the afternoon during Innovation Day (October 12, 2016) after all semifinalists have been judged. Please be prepared to present during the afternoon session on the same day starting around 1:00 p.m., as no additional preparation time will be provided. If you wish to present slides during your presentation, your slides must be provided to the Sponsor by October 10, 2016, at 11:59 p.m. US Pacific Time by emailing: InnovationDay@thermofisher.com.

Each finalist may present up to four (4) PowerPoint slides if the slides were previously provided to Thermo Fisher by the October 10, 2016 deadline. Finalists may provide other materials for their presentation, but no support or assistance will be provided other than a computer (PC) with the Microsoft™ PowerPoint™ software, and screen. Finalists will have ten (10) minutes to present their innovation and five (5) minutes of questions and answers by the judges.

October 10, 2016 is the deadline to provide up to four (4) slides to Thermo Fisher. These slides will only be used during Innovation Day if you are selected as a finalist. These slides will not be used during the semifinalist presentations. Your slides are required in advance due to logistical reasons.

Please email your slides in PowerPoint format to: InnovationDay@thermofisher.com.

No, once the slides have been submitted, no changes may be made. If you are selected as a finalist, these are the slides you can present. If you are selected as a finalist on Innovation Day, you should be prepared to give your finalist presentation during the afternoon session between about 1:00 p.m. and 4:00 p.m.

Each participant may submit no more than five (5) entries.

Yes, a participant may win more than one prize.

At approximately 4:00 p.m., during Innovation Day, October 12, 2016.

Yes, you or your appointed proxy must be present to win.

No, submissions may not contain any confidential information, proprietary information or trade secrets.

No, submissions must relate to ideas that are for research purposes only.

Judging criteria:

  • Degree of innovation: is the submitted idea original and innovative? For example, does the idea challenge existing paradigms, or address an innovative hypothesis / critical barrier to progress in the field? Does the idea develop or employ novel concepts, approaches, methodologies, tools, or technologies? Is this a ‘game-changing’ innovation? (25%)
  • Value to customers: is there a pent-up demand, or does the idea solve an unmet need of customers? (25%)
  • Technical and/or commercial feasibility: if the innovation is still in development or at concept stage, how likely is the innovation to be technically achievable? For example, is there a working prototype demonstrating proof-of-concept, or does the innovation rely on established and proven concepts or components that will likely work in a new combination? If the innovation is product-ready, how likely is the product to be a commercial success? For example, is the path to market well defined, is the product customer-friendly or easy to implement, is the product easy to manufacture, is the product able to be scaled up to meet demand? (25%)
  • Commercial opportunity: is there an estimated large commercial opportunity for the submitted idea? For example, is there a large addressable market? Are customers willing to pay for the innovation? Are there few competitors in the space? (25%)

Winners will receive their prize money within 14 days after notification of their being selected as a potential winner, after providing the Sponsor: (1) written approval from the institution or company employing a potential winner that the potential winner can accept the prize from Sponsor; (2) a signed Affidavit of Eligibility and Release of Liability/Prize Acceptance/Publicity Release form completed by the potential winner; and (3) an IRS form W-9 (Request for Taxpayer Identification Number).

No, only an applicant can win the prize, but the innovation may be created by a team. After receiving the prize, a winner may determine if and how they wish to share any prize money with other parties.

Winners are required to provide the Sponsor, within 14 days after notification of their being selected as a potential winner: (1) written approval from the institution or company employing a potential winner that the potential winner can accept the prize from Sponsor; (2) a signed Affidavit of Eligibility and Release of Liability/Prize Acceptance/Publicity Release form completed by the potential winner; and (3) an IRS form W-9 (Request for Taxpayer Identification Number).

The People’s Choice winner is selected by votes from the audience. The audience will be able to place one vote each through a text in voting poll. The winner will be decided by the most number of audience votes. The prize is a $1,000 Thermo Fisher Scientific product credit. If there is a tie, the $1,000 award will be divided equally.

*No purchase necessary to enter or win. To participate in the Innovation Day Contest (the “Contest”), you must submit the submission form (the “Submission Form”) available at thermofisher.com/innovationday no later than September 25, 2016 at 11:59 p.m. US Pacific Time. The Contest is open only to persons 18 years and older in the US (excluding Puerto Rico) who submit a completed Submission Form. Health Care Professionals (term defined in the complete Terms and Conditions) may not participate in this promotion. All entries must be in the English language. There is a limit of five entries per participant and it is possible for a participant to win more than one prize. Other eligibility restrictions may apply. Sponsor will select three winners from all qualifying entries, and a popular vote will determine a “People’s Choice” winner. The first place winner will receive a cash prize of $10,000, the second place winner will receive $3,000 in Thermo Fisher Scientific product credit, and the third place winner and the “People’s Choice” winner will each receive $1,000 in Thermo Fisher Scientific product credit. The winner is responsible for any taxes due on their prize. A panel consisting of four qualified judges from Thermo Fisher Scientific with a mix of business, technical, marketing, and intellectual property backgrounds, will select up to 24 semifinalists based upon the following criteria:

  • Degree of innovation: is the submitted idea original and innovative? For example, does the idea challenge existing paradigms or address an innovative hypothesis / critical barrier to progress in the field? Does the idea develop or employ novel concepts, approaches, methodologies, tools, or technologies? Is this a ‘game-changing’ innovation? (25%)
  • Value to customer: is there a pent up demand or does the idea solve an unmet need of customers? (25%)
  • Technical and/or commercial feasibility: if the innovation is still in development or at concept stage, how likely is the innovation to be technically achievable? For example, is there a working prototype demonstrating proof-of-concept, or does the innovation rely on established and proven concepts or components that will likely work in a new combination? If the innovation is product-ready, how likely is the product to be a commercial success? For example, is the path to market well defined, is the product customer-friendly or easy to implement, is the product easy to manufacture, is the product able to be scaled up to meet demand? (25%)
  • Commercial opportunity: is there an estimated large commercial opportunity for the submitted idea? For example, is there a large addressable market? Are customers willing to pay for the innovation? Are there few competitors in the space? (25%)

The semifinalists will be notified by approximately September 26, 2016, and each semifinalist (or their proxy) will be asked to make a live, in-person presentation of their idea before a panel of judges at Biocom, 10996 Torreyana Road, San Diego, California 92121 on the morning of October 12, 2016 (the “Event”). Ten Thermo Fisher Scientific judges, together with a representative from both Biocom and Connect, will then select up to 6 finalists who will be asked to present their idea before the panel of judges and the general public at the Event during the afternoon of October 12. Three winners will be selected by the panel and one “People’s Choice” winner will be determined by popular vote by audience members. Contingent upon certain conditions being met, the winners will be provided with their prize. Presenters must attend the Event in order to be eligible to win a prize, and presenters will be responsible for their own accommodations and travel to the Event; no travel assistance or accommodations will be provided.

Sponsor reserves the right to cancel the Contest if a minimum of 40 qualified submissions are not received by the Sponsor by the submission deadline.

The participants must certify that they are not prohibited by employment, contract, or law from entering this Contest or accepting a prize from the Sponsor. The institution or company that employs a potential winner must confirm that the potential winner is permitted to accept the prize from the Sponsor before the winner can be selected. If a potential winner is unable to accept a prize, other finalists will move up a place, and an alternate potential winner(s) will be selected until the prizes can be awarded. The complete Terms and Conditions are available here. In case of any inconsistency between these short rules and the complete Terms and Conditions, the complete Terms and Conditions will always prevail. Offer void where prohibited, licensed, or restricted by federal, state, provincial, or local laws, regulations, or agency/institutional policies. Other restrictions may apply.