Phase 0: Enter the Challenge
Phase 0 Timeline
Applications will be approved thorough review from the Challenge Hosts.  Please expect additional approval time for third-party inventions.  Expect about a 2-5 day turn around from application to approval.

KEY DATES:
  • Open for Applications: December 7th 2017 
  • Official Launch of VA Beach Bio Innovation Startup Challenge December 7th 2017
  • Last Day for Applications: May 31st 2018
Phase 0 Overview and Submission Requirements
Letter of Intent (LOI) Overview and Application Submission: ​
  1. Read all information on this page, the Challenge overview and the FAQs before preparing your LOI
  2. Find a Technology to work on! You can either:
  3. Create your team. YOU CAN JOIN AS AN INDIVIDUAL ENTREPRENEUR. If you are looking for additional members to augment your team or are looking for a team to join please go to the Find a Team / Member page
  4. LOI Submission Form: Primary Application Form
  5. CDA Form: All Challenge Team members (team leaders, core team members, mentors and advisors) need to populate a different CDA form
​
Important Notes on Submissions:
  • ​Only one file should be uploaded for each attachment category (Resumes, Stakeholder Engagement Form, Collaborator Form).  For example, if you are uploading resumes for each member of your Challenge team, please combine all resumes into one file and upload that one file to the resume category
  • Each attachment should try to be no more than 2MB in file size
  • Image files and executable files will not be accepted (e.g. jpg, .gif, .bmp, .tif, .exe)
Criteria, Guidelines, and Scoring
Scoring Criteria: Please find below criteria and guidelines that will assist you in entering the Challenge

Criteria I: Team Capabilities
  • Core team members have invention relevant experience
  • Team contains members with R&D, marketing/business development, manufacturing and other operational experience in the biomedical industry
Criteria II: Entrepreneur's Background
  • Strong desire to launch a startup
  • Some startup or industry experience
  • Access to a strong network
Criteria III: University Collaboration
  • Demonstrated collaboration opportunities to gain invention-relevant skills / experience