University scientists are trained to excel in basic science and breakthrough discoveries. However, translation and commercialization of discoveries require a different set of skills for entrepreneurship, product development, business, finance, communication etc. ICBI is engaged in training of faculty, post-docs and students in technology development and commercialization. ICBI and resident companies provide employment and internship opportunity to the student and postdocs to enhance their entrepreneurial skills to succeed in the commercial landscape. The SPARK-Indy program in partnership with SPARK-Stanford provides access to education material in drug development and entrepreneurship. ICBI hold seminars, workshops, meetings with expert advisors and community events focused on technology development and commercialization.
ICBI Fellow is a career development and training opportunity supported by the Indiana Clinical and Translational Sciences Institute (Indiana-CTSI). The ICBI fellows receive structured training in translational research and entrepreneurship. The training in experimental research is supplemented with seminars, invited lectures and networking with industry. The training is designed to prepare scientists for an alternate career in industry or startup companies.
Entrepreneur-Investor Forum jointly hosted by ICBI and IBRI is a platform to educate academic entrepreneurs on starting a new company, resources available in Indiana, sources of funding, mentoring opportunities, grant funding, raising private funds, business planning, preparing for a pitch, networking with entrepreneurs and investors. The forum engages local life science entrepreneurial organizations to accelerate life science innovation in Indiana through synergies and collaborations
ICBI Open house is to introduce ICBI and its activities on translational research, entrepreneurship, new company formation, SBIR funding, technology commercialization, training and mentorship opportunities. Hosted 3-4 times a year is attended by scientists and physicians.