About Rutgers Optimizes Innovation
What is REACH?
Research Evaluation And Commercialization Hub (REACH) is a National Institutes of Health (NIH) program established to promote the commercialization of academic biomedical research.
REACH Hubs are a part of a group of 34 academic institutions in the NIH’s national network of proof-of-concept centers to facilitate development of best practices for bringing life science innovation to the market.
Learn more about all the NIH’s research commercialization initiatives.
What is ROI?
Rutgers Optimizes Innovation (ROI) is the name of the NIH REACH program at Rutgers University. ROI is an umbrella program designed to improve and maximize the university's total research output in the biomedical arena by providing financial as well as skills development resources and support.
ROI is funded at Rutgers University by the NIH with a $4 million award for the duration of four years with matching funds provided by the university.
What is HealthAdvance?
HealthAdvance is the application solicitation, review, award and project management platform of ROI. It is a funding mechanism to help accelerate the commercialization of promising life science technologies and/or solutions being developed by academic researchers at Rutgers.
What is the amount of a HealthAdvance grant, if awarded?
Applicant Innovators may seek up to USD200,000 in direct funds over a period of two years.
Can I apply for HealthAdvance and TechAdvance funding at the same time?
The HealthAdvance team strongly recommends that Innovators pursue only one funding type at any given time. HealthAdvance only accepts submissions pertaining to biomedical or life science technologies that have impact on human health. Learn more about TechAdvance
What are the submission deadlines for a HealthAdvance application?
The HealthAdvance Pre-Qualification Applications are accepted on a rolling basis all year round. An initial review of a fully complete Pre-Qualification Application is generally completed within 14 days of submission to the program.
What is WORC?
WORC, or Workforce enrichment through Opportunities, Resources and Credentials, is the educational component of the ROI program. This program, as directed by the NIH, is designed to engage with all potential innovators at Rutgers to expand the mission and reach of the ROI program by spreading the word about innovation and entrepreneurship.
What is an Innovator Bootcamp?
Innovator Bootcamps provide innovators at Rutgers with in-depth information about opportunities, resources and credentials to guide them on their journey to bringing their discoveries from the benchtop to the market.
Who can attend the Innovator Bootcamps?
Any Rutgers innovator or potential innovator is invited to attend the bootcamps. These sessions are open to all who want to learn about innovation at Rutgers, including grad students, postdocs, faculty, clinicians, and staff in any field.
Why should I attend a WORC Innovator Bootcamp 101?
Innovator Bootcamp 101 is an opportunity to gain an understanding of all the opportunities and resources available at Rutgers to innovators in a one-day condensed format. Both new and experienced innovators will find something for them in this workshop. According to a previous attendee: “The bootcamp was an excellent resource. It would have taken me countless hours to put this information together, all of which is absolutely essential for somebody trying to get started.” Bootcamp attendance is also required to apply for HealthAdvance funding.
Why should I attend a WORC Innovator Bootcamp 201?
The Innovator Bootcamp 201 series gives a chance to engage with experts and explore a topic in depth over an afternoon. This is intended for those who have attended a Bootcamp 101 session or are experienced innovators and want to learn more.
Can I get the slides from the Bootcamp?
Slides and recordings are provided to all attendees who complete the post-event survey. Please reach out to the WORC team if you have any questions about the process.