More info about Business Incubators
What is an invention and what is an innovation?
An invention is a new scientific or technical idea that can be replicated, at an economical cost.
Innovation is the process by which an idea or invention is translated into a good or service. Therefore that idea has to satisfy a specific need.
Obviously, only very few inventions lead to innovations for not all of them are economically feasible. Basically, when a physician "invents" a technique, a device or a product, he/she has two solutions:
- develop this idea by setting up his/her own business and commercialize it
- search for an industry partnership, hence immediately benefiting from the provided network and knowledge within the field
What are nowadays the institutional bodies available to assist physicians with the second solution?
As already said, the idea can be turned into an entrepreneurial invention (i.e. innovation) through your own network. But the process is often enough too difficult to achieve for a physician working on his own. That's why Institutional and Professional bodies (i.e incubator centers / sections / support institutes) are proposing an alternative solution to individual entrepreneurship.
Those centers & institutes provide a multitude of services such as:
- Hosting various companies in Engineering, Biotechnology, Nanotechnology, etc… within the field of plastic surgery and cosmetic dermatology
- Consultation on legal, financial and management issues
- Intellectual property services disposition and registration of intellectual property created by the participating companies in the Incubator and Entrepreneurship Centers as well as the industrial section of the Park.
- And more...
Their main objectives is to provide for the idea, soon to be an innovation:
- Administrative and technical support
- Financial services through local banks
- Research and Development support
- Research programs arrangements with other companies
- Consultation in the process of applying for patent registration
- Protection of the intellectual property rights of innovators
- Set up within international congress and workshop
- Specifically dedicated web plateform
How can IMCAS contribute to this process in a new way?
Founded in 2010, the IMCAS INCUBATOR CORNER will help with the second solution (the search for an industry partnership), facilitating the exchanges between industry and practitioners, but on a non-institutional professional level.
Its mission is to support creative ideas presented by students, graduates, researchers and academic staff within the medical field. How? By providing through its conferences, organised worldwide, a unique platform allowing for immediate exchanges between the physician and the industry.
The Congress is indeed a condensed and action-packed time, gathering on the same location venue more than 100 exhibiting companies and 2500 to 3500 delegates. It provides to both practitioners and industrials an ideal event and location to meet.
Who are the potential industrials that could be interested in your Business Incubator Idea?
To get a more accurate view of the opportunity the IMCAS is offering, have a look at the companies through the exhibitors list online.