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Healthcare company-building profile

Blavatnik Biomedical Accelerator

Harvard University (Office of Technology Development)

AcceleratorUniversity acceleratorUniversityActive

Source-based profile

Program at a Glance

Program type
Accelerator
Program category
University accelerator
Organization
Harvard University (Office of Technology Development)
Organization type
University
Location
Cambridge, Massachusetts
Company stage served
Not publicly documented
Cohort or participation model
Grant cycle with annual pre-proposal and full-proposal deadlines for Pilot and Development awards; not a fixed-length residential cohort
Investment or funding offered
Yes
Published investment terms
Non-dilutive milestone-based research grants; no equity taken by the accelerator
Equity or fee model
No equity
Clinical or hospital connection
Not publicly documented
Application status
Active

Public description

About the program

The Blavatnik Biomedical Accelerator is Harvard's translational funding program for faculty biomedical discoveries, run by the Office of Technology Development and endowed by a gift from the Blavatnik Family Foundation. It issues Pilot and Development grants on an annual call-for-proposals cycle to de-risk early therapeutics, diagnostics and device projects and to move them toward licensing or company formation. Awards are paired with guidance from an external advisory committee of industry and venture experts. Funded projects have seeded multiple Harvard biotech spinouts.

What the program publicly emphasizes

Focus areas and features

Therapeuticsdiagnosticsmedical devicesdrug discoverytranslational biomedical research
  • Category: University accelerator
  • Program structure: Grant cycle with annual pre-proposal and full-proposal deadlines for Pilot and Development awards; not a fixed-length residential cohort
  • Published terms: Non-dilutive milestone-based research grants; no equity taken by the accelerator

Sources

External source links open in a new tab.

  1. alumni.harvard.edu
  2. otd.harvard.edu
  3. research.fas.harvard.edu
  4. science.fas.harvard.edu