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Home » United States: CLSA Inspire QuickFire Challenge for Diverse Innovators

United States: CLSA Inspire QuickFire Challenge for Diverse Innovators

The California Life Sciences Association (CLSA)/California Life Sciences Institute (CLSI) recently announced the creation of the Racial & Social Equity (RSE) Initiative, part of a multi-year program, funded by CLSA/CLSI member companies, which aims to help close the gaps in inequity and create a more diverse industry. The immediate focus of the RSE Initiative is to increase STEM opportunities for under-represented students; facilitate the hiring, development and advancement of under-represented talent; invest in diverse entrepreneurs and increase board member diversity; and provide underserved communities with equitable access to care.

Sponsoring Agency: California Life Sciences Association

Type of Fund: Challenges, Competitions or Prizes

Deadline Available: Available

Deadline Date (mm/dd/yyyy): 07/30/2021

Size of the Fund: USD $50,000 to $500,000

The California Life Sciences Association (CLSA)/California Life Sciences Institute (CLSI) recently announced the creation of the Racial & Social Equity (RSE) Initiative, part of a multi-year program, funded by CLSA/CLSI member companies, which aims to help close the gaps in inequity and create a more diverse industry. The immediate focus of the RSE Initiative is to increase STEM opportunities for under-represented students; facilitate the hiring, development and advancement of under-represented talent; invest in diverse entrepreneurs and increase board member diversity; and provide underserved communities with equitable access to care.

California Life Sciences Association (CLSA), the trade association representing California’s life sciences sector, together with Johnson & Johnson Innovation, AbbVie and 5AM Ventures is proud to launch the CLSA Inspire QuickFire Challenge for Diverse Innovators. This challenge offers an opportunity for California-based innovators who are Black, Hispanic, Native American, or Pacific Islander to receive grant funding and mentorship to help advance their science or technology.

The innovator(s) with the best idea, technology, or potential solution that aims to improve human healthcare.

Areas of Interest
CLSA encourages California-based innovators to submit potentially ground-breaking ideas in all aspects of healthcare, including a particular interest in the following areas:
• Pharmaceuticals
• Biotechnology
• Non-Human/Synthetic Biopharmaceutical
• Med Tech/Med Device
• Digital Health

Prize Information
• Grant funding from a total of up to $150,000 from CLSA
• Business advising from industry veterans through CLSA’s FAST program

Criteria
• CLSA is specifically interested in diverse innovators shaping potential health care solutions as Founders, Co-founders, Founding members, or CEOs.
• Company must have a physical presence in California.

Application Process
Potential solutions will be evaluated by a panel of reviewers and judges on their ability to meet the following criteria:
• Uniqueness of the idea
• Potential impact on human health, with a specific focus on inclusive innovations
• Feasibility of the idea
• Thoroughness of approach
• Identification of key resources and a plan to further the idea

More information at: https://jlabs.jnjinnovation.com/quickfire-challenges/clsa-inspire-quickfire-challenge-diverse-innovators

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