Our national BME-IDEA Competition offers university biomedical entrepreneurs the chance to win up to $10,000 and receive critical early-stage validation of their ideas
The world needs more effective, functional and affordable technology solutions to clinical medical problems. With the BME-IDEA Competition, the nation’s leading competition for biomedical and bioengineering students, we challenge students to pioneer a health-related technology that addresses a real clinical need. Competition entries are judged on:
- Technical, economic and regulatory feasibility
- Contribution to human health and quality of life
- Technological innovation
- Potential for commercialization
Strong BME-IDEA Competition entries define a problem and demonstrate the development of a device, product, or technology designed to solve it.
Competition winners will receive cash awards as well as access to resources to be used for further development and commercialization of their products. In addition, the first place institution will get to display the BME-IDEA trophy in their winning department for the year.
VentureWell’s Cara Barnes with the 2019 winning teams.
VentureWell is grateful to our longtime sponsors and partners of the competition: The Lemelson Foundation; MD&DI (Medical Device & Diagnostic Industry), a publication of Informa; the Biomedical Engineering Society; and the Council of Chairs of Bioengineering and Biomedical Engineering Programs.