Foundational Support for Health Innovation- Incubators, Accelerators and Equity

Presented by the Galien Foundation in partnership with Business France, the Prix Galien Award on Incubators, Accelerators and Equity – Foundational Support for Health Innovation would be given periodically – not necessarily annually – to an individual or an institution whose cumulative committment has:
1 led to novel, medically significant understandings around biology and disease pathways, the application of which has resulted in the opening of new fields for drug discovery: and
2 translation of this research into specific therapeutic interventions that benefit patients, including products that may have been previously recognized as such by the Prix Galien.

 

Eligibility:

Founders and Leaders of Incubators, Accelerators, Venture Capital and Private Equity Firms who institute, support, encourage and sponsor science-based businesses that invent new modalities or therapeutic approaches to tackle the huge unmet needs in human health.

the Prix Galien USA – Incubator encourages and rewards the most innovative Incubators, Accelerators and Venture Funds.

Judges will evaluate submissions using these seven criteria:

  • Information about the program/fund, its origins, philosophy, clinical or sector focus (e.g., biotechnology, digital health, medical device) and length of support
  • Background on how you accept, support and address the needs of candidates or portfolio companies accepted
  • Explain how you benchmark success during the incubation or acceleration or funding period
  • Note resources provided to companies in the program – e.g., financial, housing, clinical, legal and communications
  • Outline financial structure with entrepreneurs into the future – equity or royalties
  • If applicable, offer information on the number of funds raised for your cohort of portfolio businesses – Series A or B and other funding rounds
  • Examples of businesses that have “graduated” or “exited” from the incubator and/or accelerator

Awards Ceremony

  • When: Thursday, October 27, 2022 (Evening Event)
  • Where: American Museum of Natural History, NYC
Nominate a product

For additional information, please contact:

Mark Goldstone: mgoldstone@galienfoundation.org

Julien Vermersch: Julien.vermersch@businessfrance.fr

Thibault Renac: thibault.renac@businessfrance.fr