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We provide user-centered design and innovation to clients on a global scale
We provide user-centered design and innovation to clients on a global scale
We are a collaborative team 

of researchers, designers & engineers
We develop digital and physical 

products, services, and experiences
We provide user-centered design and innovation to clients on a global scale
We close the gap 

between core technologies and commercialized solutions.
WE WORK WITH COMPANIES TO
DEFINE, CREATE, AND CAPTURE
VALUE TO DRIVE GROWTH.
OUR PROCESS
Define
Provide focus and
scale to the
products, services,
and experiences
Deliver
Develop and manage
the individual
components
Frame
Identify opportunities
in new and existing
markets
Over 350 Medical Development 

Programs Completed Since 1988
30,000 hours of user research 

conducted in clinical environments
Understanding cultural and geographic 

variations to capitalize on global opportunities
Extensive Human Factors expertise to 

create FDA compliant devices
Electromechanical Innovation to turn 

core IP into tangible solutions
280 patents, 36 industry Awards including 

6 Medical Design Excellence Awards
1 - improve care 

2 - drive better outcomes

3 - reduce cost
to partner with top healthcare 

entrepreneurs to help drive 

innovation and local business 

growth that will have a

positive impact on peoples lives
OUR GOAL:
“Insight Accelerator Labs should
provide a good home for companies
that come out of the universities
and are ready for the next step.”
-AlanThomas	

University of Chicago
April 10, 2013
FEATURED IN:

Chicago Tribune, Sun Times, Inc Magazine
Family,	

Friends,	

University
Super Angel	

SBIR Phase II
Discover 	

Market	

Need
Business	

Planning/	

Establish 	

IP
Feasibility-tech risk
Series A+
FULL PRODUCT 	

DEVELOPMENT/ 	

COMMERCIALIZATION	

(FPD)
MINIMUM 	

VIABLE	

PRODUCT	

(MVP)
Viability-prod risk Scalability - manufacturing risk
An accelerator that helps close the gap between core technologies and commercial solutions
MINIMUM	

FEASIBLE	

CONCEPT	

(MFC)
Seed/ Angel	

SBIR Phase 1/II
Grants/	

Awards	

SBIR Phase1
V a l l e y o f D e a t h
MINIMUM	

FEASIBLE	

CONCEPT	

(MFC)
Seed/ Angel	

SBIR Phase 1/II This is different than POC	

Tech &Value alignment	

Subsystem focused	

Provides low cost tech pivots	

Manufacturing influence	

Alignment to funding stages
Since joining Insight
Accelerator Labs, Briteseed
has raised a $1M seed
round and was named Top
Life Sciences Startup at the
Rice Business Plan
Competition.
An accelerator that helps close the gap between core technologies and commercial solutions
Target Member Profile:

Early stage medical device
companies that have:

!
• Initial funding 

• Protectable IP 

• FDA pathway

• Reimbursement model

• Target market and market fit
WHY OUR
ACCELERATOR LABS?
PROGRAM DURATION:

6 months renewable up to 18 months
25 YEARS OF INNOVATION:

An experienced cross disciplinary team &
industry contacts
COMMERCIAL SUCCESS:

100+ medical products brought to market
MEDICAL DEVELOPMENT SERVICES:

20% discount up to 100K in development savings
STARTUP GUIDANCE:

Mentoring and project management support
DRY LABS:

Access and support required for grants through the labs
!
Our current member co.

!1. VG-Bio

2. Briteseed

3. Caraseal

4. Healthy-Txt

5. (?)
Sponsor Value:

! • sustainable exposure to innovation in the healthcare space

• scouting and vetting of technology aligned to strategic goals

• early exposure to vetted relevant ideas

• strategic feedback to local university exploration areas 

• engagement and recognition in local events (HealthTECH summit, WellTech summit)

• deeper collaboration with Matter, CIM, 1871, Chicago Lean Startup, BuiltInChicago,
and other groups
Thank You
Steve McPhilliamy

Executive Director, Insight Accelerator Labs

smcphilliamy@insightacceleratorlabs.com

773 907 9500

www.insightpd.com

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IPD Insight Accelerator Labs Overview

  • 1. We provide user-centered design and innovation to clients on a global scale
  • 2. We provide user-centered design and innovation to clients on a global scale We are a collaborative team of researchers, designers & engineers
  • 3. We develop digital and physical products, services, and experiences We provide user-centered design and innovation to clients on a global scale
  • 4. We close the gap between core technologies and commercialized solutions.
  • 5. WE WORK WITH COMPANIES TO DEFINE, CREATE, AND CAPTURE VALUE TO DRIVE GROWTH.
  • 7. Define Provide focus and scale to the products, services, and experiences Deliver Develop and manage the individual components Frame Identify opportunities in new and existing markets
  • 8. Over 350 Medical Development Programs Completed Since 1988
  • 9. 30,000 hours of user research conducted in clinical environments
  • 10. Understanding cultural and geographic variations to capitalize on global opportunities
  • 11. Extensive Human Factors expertise to create FDA compliant devices
  • 12. Electromechanical Innovation to turn core IP into tangible solutions
  • 13. 280 patents, 36 industry Awards including 6 Medical Design Excellence Awards
  • 14. 1 - improve care 2 - drive better outcomes 3 - reduce cost
  • 15. to partner with top healthcare entrepreneurs to help drive innovation and local business growth that will have a positive impact on peoples lives OUR GOAL:
  • 16.
  • 17.
  • 18. “Insight Accelerator Labs should provide a good home for companies that come out of the universities and are ready for the next step.” -AlanThomas University of Chicago April 10, 2013 FEATURED IN: Chicago Tribune, Sun Times, Inc Magazine
  • 19. Family, Friends, University Super Angel SBIR Phase II Discover Market Need Business Planning/ Establish IP Feasibility-tech risk Series A+ FULL PRODUCT DEVELOPMENT/ COMMERCIALIZATION (FPD) MINIMUM VIABLE PRODUCT (MVP) Viability-prod risk Scalability - manufacturing risk An accelerator that helps close the gap between core technologies and commercial solutions MINIMUM FEASIBLE CONCEPT (MFC) Seed/ Angel SBIR Phase 1/II Grants/ Awards SBIR Phase1 V a l l e y o f D e a t h
  • 20. MINIMUM FEASIBLE CONCEPT (MFC) Seed/ Angel SBIR Phase 1/II This is different than POC Tech &Value alignment Subsystem focused Provides low cost tech pivots Manufacturing influence Alignment to funding stages
  • 21. Since joining Insight Accelerator Labs, Briteseed has raised a $1M seed round and was named Top Life Sciences Startup at the Rice Business Plan Competition.
  • 22.
  • 23. An accelerator that helps close the gap between core technologies and commercial solutions Target Member Profile: Early stage medical device companies that have: ! • Initial funding • Protectable IP • FDA pathway • Reimbursement model • Target market and market fit
  • 25. PROGRAM DURATION: 6 months renewable up to 18 months
  • 26. 25 YEARS OF INNOVATION: An experienced cross disciplinary team & industry contacts
  • 27. COMMERCIAL SUCCESS: 100+ medical products brought to market
  • 28. MEDICAL DEVELOPMENT SERVICES: 20% discount up to 100K in development savings
  • 29. STARTUP GUIDANCE: Mentoring and project management support
  • 30. DRY LABS: Access and support required for grants through the labs
  • 31. ! Our current member co. !1. VG-Bio 2. Briteseed 3. Caraseal 4. Healthy-Txt 5. (?)
  • 32. Sponsor Value: ! • sustainable exposure to innovation in the healthcare space • scouting and vetting of technology aligned to strategic goals • early exposure to vetted relevant ideas • strategic feedback to local university exploration areas • engagement and recognition in local events (HealthTECH summit, WellTech summit) • deeper collaboration with Matter, CIM, 1871, Chicago Lean Startup, BuiltInChicago, and other groups
  • 33. Thank You Steve McPhilliamy Executive Director, Insight Accelerator Labs smcphilliamy@insightacceleratorlabs.com 773 907 9500 www.insightpd.com