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craashbarcelona.org
#CRAASHBcn

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• What is CRAASH Barcelona?
• What is in it for me?
• Application Process
OVERVIEW

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What is CRAASH Barcelona?
WHAT IS CRAASH

Biocat has experience in accelerating healthcareprojects and
developing talent since 2008. Combining its expertise in the life
sciences andhealthcareindustry along with its international
network, Biocat has successfully:
BIOCAT
• Accelerated 96 life sciences projects
• Generated 300 new job positions
• Invested €11M in +300 programs attended by +2.300 students
ACCELERATED 96 LIFE
SCIENCES PROJECTS
GENERATED 300
NEW JOB POSITIONS
INVESTED +€11M IN +300 PROGRAMS ATTENDED BY
+2.300 STUDENTS

NEEDS
Driven Innovation
TECHNOLOGY
Enabled Innovation
NEW
5
YEARS
PARTNERS:PARTNERS:
MOEBIO INITIATIVE
In 2013, Biocat launched Moebio an initiative that brings together diferent
acceleration programs, two of them included within the EIT Health portfolio:

EIT HEALTH, THE KEY PARTNER IN EUROPE
A truly European network for
opportunities and growth
More than 140 leading organisations
spanning key areas of healthcare, such as
pharma, medtech, payers, research
institutions and universities
Relevant role of Biocat within the three
pillars of EIT Health activity:
 Campus
 Business creation
 Innovation

An infrastructure to enable inter-institutional collaboration
National and international affiliates
A Center of Innovation
CIMIT is a clinically-based consortium of Boston-area hospitals and engineeringschools, which
have successfullyaccelerated over 600 healthtech projects, doubled the rate of successful
commercialization and reduced the time to next phase by more than half.
CIMIT, A KEY PARTNER OF BIOCAT
Founders and members

CRAASH Barcelona complements the
TTO research centers models
CRAASH = Commercialization Readiness
Assessment and Accelerator for Solutions in Healthcare
600+ projects accelerated
• 60+ industry partners
• 76+ active projects
• 70+ companies formed
• >$ 1.1 Billion industry support
Main results:
• Start-ups: 64%
• 25 teams in 2 years
• Fast kills: 28%
• Investments: >$20 M, $15 M (75%)
in teams that made a major pivot
CRAASH BARCELONA

• 12-week acceleration program, in 3 phases, for 8 international teams
• International validation in EU and US
• Go to market in under 3 to 5 years
• Learning by doing methodology with top-experienced mentors from
CIMIT (Boston), the most experienced health accelerator in the world
CRAASH BARCELONA: THE PROGRAM

CRAASH BARCELONA: THE PROGRAM
P H A S E I
P R O G R A M
D E L I V E R Y
April – June, 2018
P H A S E I I
E U R O P E A N
M A R K E T
V A L I D A T I O N
July – Sept, 2018
P H A S E I I I
B O S T O N
N E T W O R K I N G
A N D
V A L I D A T I O N
Oct – Nov, 2018

CRAASH BARCELONA: THE PROGRAM
• Identifying Users, Buyers & Influencers
• Stakeholder Interviewing
• Defining clinical Needs; Value Proposition
• Regulatory
• Reimbursement
• Intellectual Property
• Business Models
• Business Economics
• Bringing it all together
• Pitching
Web-
meeting
sessions
(8 weeks)
Barcelona
Kick-Off
(2 days)
P H A S E I
P R O G R A M
D E L I V E R Y
April – June, 2018

CRAASH BARCELONA: THE PROGRAM
Road-trip
to
Yes!Delft
(3 days)
Road-trip
to Medicen
Paris
(3 days)
P H A S E I I
E U R O P E A N
M A R K E T
V A L I D A T I O N
July – Sept, 2018
• Deep understanding on the local ecosystems and
stakeholders (Paris and Delft)
• Investigate the market potential in the EU
• Validate clinical need and verify regulatory and
reimbursement
• Networking with KOLs

CRAASH BARCELONA: THE PROGRAM
Bonus:
Boston
immersion
program
(3 weeks)
Boston
close-out
(2 days)
P H A S E I I I
B O S T O N
N E T W O R K I N G
A N D
V A L I D A T I O N
Oct – Nov, 2018 • Teams pitching to the Boston
ecosystem
• Networking with KOLs
• For 2 selected teams: Boston
immersion program (3 weeks)

What is in it for me?
CRAASH BARCELONA

BENEFITS FOR THE PARTICIPANTS
TRAINING NETWORK ACCELERATION
 Top researchers
 Knowledge Technology
Offices/Technology
Transfer Offices
 EU: EIT Health
 US: CIMIT
 Feasibility test
 Time efficient program

BENEFITS FOR THE PARTICIPANTS
NO COST FOR THE
PROJECTS
Value of the program: 20,000 € /team
EQUITY-FREE PROGRAM
+ 9,000€ / team
covering travellingand
accommodation expenses

COMMITMENT REQUIRED FOR THE PROGRAM
KICK OFF
16 – 17 April
BARCELONA
WEBINARS ROADTRIPS
8 May – 26 June
Every Tuesday –
16:00 – 18:00
9-11 July – PARIS
24-26 Sept – DELFT
11-12 Oct – BOSTON
Readings,videos,
interviews (10
interviews / week)

• Top-notch technology in HealthTech (Diagnostic, Devices, and
e/DigitalHealth)
Drug Discovery not included
• Emerging from research centers,health research institutes and
universitiesfrom the BioRegionof Catalonia and other European
ecosystems
• Healthcare Innovation cycle stage/Technology Readiness Level
3-4:
• Proofof Concept: key component conceptsvalidated inmodelsand
value propositionarticulated
• Proofof Feasibility: feasibilityofwhole solutiondemonstrated in
models and value for key stakeholders
• Addressedto research projectsnot yet incorporatedor established
companieslooking for an applicationinhealthcareand/or
searching/validatingtheir businessmodel
CALL FOR PROJECTS

• Focuses on the available
technologyoptions
• 25% timecommitment
• Researcher
Technical Lead Clinical Lead Entrepreneurial Lead
• Focuses on the medicaland
healthcaredeliveryissues
• 25% timecommitment
• Practicingphysician,
clinicaldepartment
manager, from a hospitalor
a Integrated Health
Organization(OSI)
• Focuses on the overall
businessobjectives,
customer definition,
businessplan, etc.
• 50% timecommitment
• Different profiles:
researcher, TTO/OTRI/
Innovation person from
the hospital, entrepreneur,
etc.
TEAM COMPOSITION

Participating projects will finish the program with a Craash Cart Toolkit:
OUTCOMES FOR THE PARTICIPATING PROJECTS
1. Business Model Canvas validated
2. Pitch deck
3. Basic financial projections
4. Roadmap (for the next steps)
5. Killer Questions and Experiments

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Application Process
HOW TO APPLY

START OF THE
PROGRAM
CIMIT
SELECTION
CALL FOR
PROPOSALS
1 2 3
12 FEBRUARY –
11 MARCH
12 – 16 MARCH 16 APRIL
• Central online
EIT Health
application
(OPTIMY)
• CIMIT evaluates
teams/projects
and does the
final selection of
the teams
• 8 international
selected teams
start the program
in a kick-off in
Barcelona
ROADMAP APPLICATION

AN INITIATIVE OF: CO-ORGANIZED BY : WITH THE SUPPORT OF:
(EIT HEALTH BOOTCAMP)
COLLABORATORS: EVENT PARTNERS:
craashbarcelona.org
#CRAASHBcn