Aaron Miscenich, PresidentNew Orleans BioInnovation Center,                Inc.      www.neworleansbio.com
•   $48 million LEED Gold Facility•   Formed under 2002 Legislation•   Part of a statewide network(Shreveport, Baton Rouge...
Mission StatementThe mission of the New OrleansBioInnovation Center is to providesupport and guidance to companiescommerci...
REGIONAL & COMMUNITY DESIGN                              Canal Street Streetcar Line
TYPICAL LAB FLOOR PLAN
Key Ingredients• Research/Technology• Experienced  Management• Capital
Areas of Research        Expertise• Infectious Diseases• Cardiovascular  Disease/Hypertension• Cancer Research & Treatment...
Areas of Research        Expertise• Biomedical Engineering• Chemical Engineering• Vaccines• Peptides• Drug Delivery
AttractManagement ExpertiseManagement Expertise• National Recognition• University Turnover/Recruitment• Capital Sources• E...
Capital Sources• Grant Opportunities - SBIR/STTR• Economic Incentives • Angel Investor • R&D • Quality Jobs • Tech Commerc...
Capital Sources• Partner Capital• VC/Angel Capital
Capital Sources        Programming        Programming• Partnerships• Operations CEA• BoR Grants• Innovation Loan & Technic...
Programmin                g• Inventor Interviews(academic researchers, private entrepreneurs)• Market Analyses• Patent Sea...
Programmin               g• Financing Strategies• Pitch Presentation Preparation• SBIR/STTR Grant Application Support• Eco...
Programmin                g•   Seminars, Webinars, Workshops• Identifying sources of capital(SBIR/STTR grants, Angel, VC)•...
ResultsTotal Technologies Actively Supported:       50     Entrepreneurs Interviewed:              71   SBIR/STTR Phase 0 ...
NuMe Health is developing evidence-based prebiotic productsdesigned to alter bacterial populations in the GI tract to prev...
Bioceptive is a medical device startup built on a patent-pendingintrauterine device (IUD) inserter that minimizes complica...
Technology Start-Up Success
Community  56 Employees    Start-UpsCapital Companies       CRO   Consultants
Community       Law Firms       VC/Angels  Professional ServicesBusiness Support Services
Business Partners
Challenges• Continued Development of an  Entrepreneurial Culture• Maintaining and Growing Current Research  Base• Workforc...
Near Term           Strategy• Expand Reach into Business Community• Increased National Coverage of Mission,  Clients, Part...
New Orleans BioInnovation Center,                Inc.      www.neworleansbio.com
New Orleans Bioinnovation Center
New Orleans Bioinnovation Center
New Orleans Bioinnovation Center
Upcoming SlideShare
Loading in …5
×

New Orleans Bioinnovation Center

2,907 views

Published on

Presentation at March 11, 2013 Research and Discovery Sub-Committee Meeting

Published in: Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
2,907
On SlideShare
0
From Embeds
0
Number of Embeds
1,562
Actions
Shares
0
Downloads
6
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide
  • Background Facility description Programming Outline of services Current status Client Mix Technologies Stage of Development (a)    Discussions of increases in start ups(b)    Increases in services provided those start ups by organizations such as NOBIC, Idea Village, Launch Pad, new incubators, plans to increase those services in the future, etc.(c)    The array of Federal, State and local government funding and incentives available to such start ups, with examples(d)    The availability of management teams and increasing sophistication of those teams.(e)    Increased availability of start-up capital, such as wealthy individuals, angel groups, debt funds such as the BioFund and out-of-state venture funds who are discovering the opportunities in Louisiana(f)     Implicit conclusion: very good deal flow for LF II!
  • Background Facility description Programming Outline of services Current status Client Mix Technologies Stage of Development (a)    Discussions of increases in start ups(b)    Increases in services provided those start ups by organizations such as NOBIC, Idea Village, Launch Pad, new incubators, plans to increase those services in the future, etc.(c)    The array of Federal, State and local government funding and incentives available to such start ups, with examples(d)    The availability of management teams and increasing sophistication of those teams.(e)    Increased availability of start-up capital, such as wealthy individuals, angel groups, debt funds such as the BioFund and out-of-state venture funds who are discovering the opportunities in Louisiana(f)     Implicit conclusion: very good deal flow for LF II!
  • Background Facility description Programming Outline of services Current status Client Mix Technologies Stage of Development (a)    Discussions of increases in start ups(b)    Increases in services provided those start ups by organizations such as NOBIC, Idea Village, Launch Pad, new incubators, plans to increase those services in the future, etc.(c)    The array of Federal, State and local government funding and incentives available to such start ups, with examples(d)    The availability of management teams and increasing sophistication of those teams.(e)    Increased availability of start-up capital, such as wealthy individuals, angel groups, debt funds such as the BioFund and out-of-state venture funds who are discovering the opportunities in Louisiana(f)     Implicit conclusion: very good deal flow for LF II!
  • Background Facility description Programming Outline of services Current status Client Mix Technologies Stage of Development (a)    Discussions of increases in start ups(b)    Increases in services provided those start ups by organizations such as NOBIC, Idea Village, Launch Pad, new incubators, plans to increase those services in the future, etc.(c)    The array of Federal, State and local government funding and incentives available to such start ups, with examples(d)    The availability of management teams and increasing sophistication of those teams.(e)    Increased availability of start-up capital, such as wealthy individuals, angel groups, debt funds such as the BioFund and out-of-state venture funds who are discovering the opportunities in Louisiana(f)     Implicit conclusion: very good deal flow for LF II!
  • New Orleans Bioinnovation Center

    1. 1. Aaron Miscenich, PresidentNew Orleans BioInnovation Center, Inc. www.neworleansbio.com
    2. 2. • $48 million LEED Gold Facility• Formed under 2002 Legislation• Part of a statewide network(Shreveport, Baton Rouge, New Orleans)• LSUHSC/Tulane Partnership, with focus on all New Orleans-based universities• Funded by LA Department of Economic Development & DoC/EDA
    3. 3. Mission StatementThe mission of the New OrleansBioInnovation Center is to providesupport and guidance to companiescommercializing biotechnologies in theGreater New Orleans Area by facilitatingcommunications and promotingentrepreneurial thinking.
    4. 4. REGIONAL & COMMUNITY DESIGN Canal Street Streetcar Line
    5. 5. TYPICAL LAB FLOOR PLAN
    6. 6. Key Ingredients• Research/Technology• Experienced Management• Capital
    7. 7. Areas of Research Expertise• Infectious Diseases• Cardiovascular Disease/Hypertension• Cancer Research & Treatments• Neurosciences• Obesity & Diabetes
    8. 8. Areas of Research Expertise• Biomedical Engineering• Chemical Engineering• Vaccines• Peptides• Drug Delivery
    9. 9. AttractManagement ExpertiseManagement Expertise• National Recognition• University Turnover/Recruitment• Capital Sources• Expatriates• Fine Print Factor
    10. 10. Capital Sources• Grant Opportunities - SBIR/STTR• Economic Incentives • Angel Investor • R&D • Quality Jobs • Tech Commercialization & Jobs
    11. 11. Capital Sources• Partner Capital• VC/Angel Capital
    12. 12. Capital Sources Programming Programming• Partnerships• Operations CEA• BoR Grants• Innovation Loan & Technical Assistance• Delta Recovery Authority• EDA (with GNO, Inc.
    13. 13. Programmin g• Inventor Interviews(academic researchers, private entrepreneurs)• Market Analyses• Patent Searches• Business Plan Creation
    14. 14. Programmin g• Financing Strategies• Pitch Presentation Preparation• SBIR/STTR Grant Application Support• Economic Incentives
    15. 15. Programmin g• Seminars, Webinars, Workshops• Identifying sources of capital(SBIR/STTR grants, Angel, VC)• Understanding Intellectual Property,Patent Law Reform, Tax Credits• Round-Table Discussions• Networking Events/Conferences• Perkin Mentors
    16. 16. ResultsTotal Technologies Actively Supported: 50 Entrepreneurs Interviewed: 71 SBIR/STTR Phase 0 Applications 8 SBIR/STTR Phase I/II Applications 15 (28) 5 SBIR/STTR Phase I Funded ~ $2.3 million Equity-based funding $14 million
    17. 17. NuMe Health is developing evidence-based prebiotic productsdesigned to alter bacterial populations in the GI tract to prevent andmanage serious health conditions. NuMes initial products and researchare focusing on pre-diabetes, diabetes and unhealthy body weight.Innogenomics is a genomics solution provider focused on developingand marketing next-generation genetic testing solutions for paternityand forensic applications. InnoGenomics has secured a strong IPposition related to their platform technology and is currently in aresearch and development phase to optimize a forensic DNA testing kitthat will facilitate the use of biological samples that are substantiallysmaller and/or more degraded than the current industry standard toanalyze crime scene evidence.MiniVax is currently developing therapeutic and preventative vaccinesfor Pneumocystis carinii, a fungal pathogen that can cause severe, andoften fatal, lung infections especially in patients with HIV or otherconditions affecting the immune system. MiniVax was recentlyawarded a $600,000 advanced technologies STTR research anddevelopment grant by the NIH.NanoFex has developed novel nanoparticle technology that provides anaffordable, effective method for remediating common, yet extremelydangerous, pollutants in groundwater.
    18. 18. Bioceptive is a medical device startup built on a patent-pendingintrauterine device (IUD) inserter that minimizes complicationsassociated with currently used inserters and insertion techniques.Bioceptive has recently taken on pre-seed funding through twoindependent outside investment groups in order to fund furtherprototype validation studies.VoiceHIT is a web-based platform that uses predictive modeling and3rd-party applications and devices to leverage the power of data toprompt action, facilitate collaboration, and proactively manage health.This creates a seamless platform that extends to 3rd-party applicationsand mobile health devices, breaks down silos, and integrates data inorder to proactively prompt action by providers and patients alike. TheBetter DayTM platform facilitates 100% patient focus, saving time andimproving care.Wibi+Works is developing methods to improve the anti-inflammatoryproperties of stem-cells for use in a variety of disease states, includingrheumatoid arthritis. The ability to create uniform cellular therapeuticswith predictable behavior is anticipated to significantly augment theefficacy of mesenchymal stem-cell therapeutics addressinginflammation-related disorders.ReactWell is a next-generation oil company developing technology toproduce high-volume biomass-based crude oil and various othervaluable commodities. Our technology bridges proven geothermaltechnology, aquaculture and biofuels. ReactWell transforms waste andbiomass into clean, sustainable, and cost-effective synthetic crude oil.
    19. 19. Technology Start-Up Success
    20. 20. Community 56 Employees Start-UpsCapital Companies CRO Consultants
    21. 21. Community Law Firms VC/Angels Professional ServicesBusiness Support Services
    22. 22. Business Partners
    23. 23. Challenges• Continued Development of an Entrepreneurial Culture• Maintaining and Growing Current Research Base• Workforce / Experienced Management• Retaining Incubator Graduates• Capital
    24. 24. Near Term Strategy• Expand Reach into Business Community• Increased National Coverage of Mission, Clients, Partners• Attract National/International Partners• Expand Programming• Form Advisory Committee• Establish Graduation Facility
    25. 25. New Orleans BioInnovation Center, Inc. www.neworleansbio.com

    ×