– Ann Fyfe, President/CEO, FII
OverviewProviding the environment and resources to nurture innovative ideas
The primary program at the Fogarty Institute offers both intellectual and physical resources to early-stage innovators whose ideas have significant technical merit and a high likelihood of benefitting patients. Each year, under our "Innovation: Cultivation" program, our mentorship team selects one to three innovators from the many who apply, and we help them cultivate their innovations, and move them closer to deployment to patients. We provide them with everything they need: office/business functions, research and development resources, and financial aid to help cover equipment, supply, and staff costs. Our world-class mentors volunteer their time to work personally with these chosen innovators and entrepreneurs to show early proof-of-concept, provide early and ongoing clinical input into the innovation process, articulate a business plan, and secure venture capital, angel, or government grant financing.
Our facilities (on the campus of El Camino Hospital) include a laboratory, offices, conference areas and engineering space. And our location and relationship with the hospital gives participants access to state-of-the-art equipment, technology and an environment that was designed for collaboration.
Since our inception in 2007, we have worked with more than nine companies in the cultivation process at the Institute. Several are still developing their technologies, but their success stories so far speak well for the process, and we are constantly honing our program to evolve with the needs of our applicants.