The Innovation Awards help transform Gladstone technologies into commercial ventures through a jump-start fund. The Innovation Awards are given annually to select programs presented by Gladstone researchers at the Industry Partnership Forum.
Become an Innovation Awards sponsor to fund groundbreaking translational research and gain a time-limited right of first negotiation in investment opportunities for future spin-out companies.
Benefits of Sponsorship
- Select the research program to receive an Innovation Award after hearing pitch presentations and meeting with Gladstone scientists at the Industry Partnership Forum.
- Receive quarterly updates from the recipient of the Innovation Award.
- Meet with research leads to review completed studies.
- Gain time-limited preferential access to downstream investment or commercial opportunities for the awarded translational program, such as the opportunity to participate in or lead an investment round in the spin-out or licensee, or the right of first negotiation for an option, license, spin-out transaction, or collaboration agreement
Details about the Sponsorship
- Sponsorship starts at $100,000 per award.
- Industry partners that fund an award receive preferential access to the program and downstream investment or commercial opportunities.
- Awards will support planned studies (individual or series) agreed upon by the industry partner and the research lead for the awarded translational program (e.g., efficacy studies, scale-up, proof-of-concept, focused chemical library purchase and screen, etc.) and can be conducted at Gladstone, by a contract research organization, or by another third party.
- Awarded funds must be used within 12 months of receipt.
- Awards may be in cash or, subject to approval by the research lead for the awarded translational program, may consist of equivalent in-kind support (e.g., access to incubator space, reagents or instruments, etc.).
- If the program has already been transferred to a separate entity (i.e., a spin-out or other licensee), the award will be given to the applicable spin-out or licensee. Otherwise, an agreement will be formed between the funding industry partner and Gladstone, via a total cost-sponsored research agreement or a similar granting mechanism.
Interested in becoming a sponsor?
Contact the Corporate Liaison and Ventures Team