What is the aim of the SB Fellowship?
The SB Fellowship program is an enhancement of the previous SSB Fellowship program, designed to provide a deep and comprehensive training in Healthtech innovation, catered to the Singapore and Asian context. The goal is to produce the next generation of healthtech innovators for Asia.
How is Stanford Byers Center for Biodesign involved with the program?
TThe program will continue fostering ties with Stanford Byers Center for Biodesign as a joint partner. This comes in the form of 1) regular mentorship from Stanford Biodesign Faculty alongside SB Faculty and local industry mentors throughout the year, and 2) a 4 - 6 implementation boot camp at the Stanford campus towards the end of the fellowship training year to further hone projects.
What can we look out for in the new Fellowship Programme?
The training phase will be led by SB Faculty and Singapore trainers ) starting with an introductory 5-day Biodesign bootcamp. The program will provide greater context to understanding Asian needs, with clinical immersion focused primarily in Singapore and regional hospitals i.e. China and Indonesia. The immersion will also allow for interaction with the ecosystem beyond the clinical community.
Fellows can also expect more dedicated time on project execution with additional mentoring and in-depth domain expertise workshops to derisk the product solution and business plan. This is further bolstered by a 4 – 6 weeks implementation bootcamp at Stanford. The program will also feature an externship with the National Health Innovation Centre (NHIC) for fellows to participate in grant-funded projects that are further-on in their development and commercialization plans.
The Fellowship is an intense-training period and requires full-time dedicated commitment to ensure that the Fellow will be able to learn the process fully. Fellows should expect to work in excess of 40 hours per week. However, the schedule is somewhat flexible at certain points during the year to support a reasonable work/life balance. Moonlighting is not allowed. The Fellowship will commence for 10 –months from 1 June to 31 March the following year. Fellows will be entitled to 10 days of paid vacation leave, subject to the approval of the Fellowship Head.
Who are the trainers?
Training will be carried out by the Fellowship Mentor Panel and Fellowship Head. Find out more here
How does the fellowship differ from other entrpreneur programmes or a traditional master's (or other advanced degree) programme?
First, the training you receive is highly experiential, which not only consists of a tailored curriculum to the Biodesign process, but includes an opportunity for hands-on learning by working on your project and frequent interaction with expert mentors.
Second, the fellowship provides you with an end-to-end view of the early stages of the healthtech innovation process. From clinical immersion and needs finding in Singapore and one Asian country which presents unique opportunities, to invention and implementation planning; you'll gain hands-on practice navigating critical risks and opportunities across a broad range of activities. This process if further supplemented by our lecture series and domain-expert workshops, coupled with one-on-one (fellowship team) mentoring.
Third, the fellowship is interdisciplinary and team based. You'll learn a tremendous amount from interacting with your peers and honing your teamwork skills.
Finally, the skills and connections you build are practical, targeted, and immediately applicable to a career in health technology innovation. Leveraging on the extensive local and international Biodesign network, the Fellowship will present an unprecedented headstart to springboard your project and to navigate the complex healthcare ecosystem.
At the end of the program, the fellows earn a certificate in Biodesign rather than a traditional diploma or degree.
How many Fellowship positions will be available each year?
6 Fellows from multidisciplinary backgrounds will be selected for the FY20 intake and will be divided into two Fellowship teams consisting of 3 fellows each. We advise interested applicants to attend our events and to interact with our team, mentors and alumni. Alternatively, do attend one of our roadshows to find out more!
How many applications do you typically receive, and how many people do you interview?
We typically receive more than 75 applications each year and interview approximately 15 finalists for the 6 Fellowship positions that are available.
What are the benefits available for Fellows?
SB has conducted an extensive benchmarking with local entrepreneurship programs and international Biodesign-like programmes to ensure fair compensation.SB will provide monthly stipends to match last drawn salary (not inclusive of bonus) up to a cap of up S$6k/month for clinicians and non-clinicians, subject to changes. Clinicians may write in to their host institutions for top-up in stipends where necessary.
Tuition fees for curriculum, mentoring and administrative fees for required traininng with Stanford Byers Centre for Bidoesign and SB’s appointed curriculum partners are also included in the Fellowship.Overseas living allowance, return air ticket to Asian region and the United States (including visa fees, immunization and related insurance) and support for conference in a related area will also be provided.
What kind of certification will the Fellows be awarded with?
Singapore Biodesign is not a qualification-awarding institution, and will only certify your participation in the Fellowship upon your completion of the prescribed programme.
Being a medical practitioner, do I need to complete my Advanced Specialty Training (AST) before I apply?
It is not a requirement to complete your AST, but that would be an advantage.
Is there any age limit on the applicants for the Fellowship?
There is no specific age limit imposed on the applicants.
Must I hold mentoring and teaching experience in order to apply for the Fellowship?
Such experience would be advantageous but not mandatory.
If I do not have any educational transcripts in time for the application submission, can I submit copies of my certifications first and the transcripts later?
It is preferred that all supporting documents are submitted together with the application.
Can the referee letters be sent in before or after the application is submitted?
Referee letters will be accepted, as long as they are submitted before the application deadline.
I already have a medical device idea I've been working on. Can i continue to develop it during the Fellowship?
The goal of the fellowship is to learn the Biodesign process of innovation from start to finish. Accordingly, we ask that you work on needs and technologies that you and your team identify and invent together as part of the fellowship process.
Can I continue with my current job or studies, while undergoing the Fellowship?
The Fellows have to commit to the Fellowship on a full-time basis and shall not engage in other work or studies, during the one year.
Will there be a bond tied to the Fellowship?
Fellows are expected to contribute back to the nation’s ecosystem building efforts post-training. Fellows are required to submit a needs database gathered during the Fellowship training back to SB within three months of completion of the programme.
Upon successful completion of the SB Programme, the Fellow is required to hold employment in a public or private enterprise located in Singapore for a period of twenty-four (24) months in any relevant HealthTech appointment(s) which SB may deem appropriate. During the twenty-four (24) months, each fellow is also required to contribute back to SB a minimum of eighty hours of service via lectures, project coaching and/or mentoring at SB training programmes.
Fellows who fail to complete the SB Fellowship will be required to pay back all monies projected to be expensed by the Sponsor to or for the benefit of the Fellow for up to first three months of training, whichever is higher.
What is the duration of the Fellowship?
The Fellowship will span 10-12 months. It will commence from the first week of April.
Will the Fellowship training be conducted at Stanford University or in Singapore?
The Fellows will be trained in Singapore under the supervision of mentors from Singapore Biodesign together with Stanford University. Towards the end of the Fellowship, the Fellows will spend time in Stanford to further refine and develop implementation plans for their top projects under the guidance of experts from Silicon Valley.
Can I know more about the training curriculum for the Fellowship?
The Fellows will undergo intensive, multidisciplinary training on the entire value chain of medical device innovation, from clinical needs finding, to solution development up to proof-of-concept stage.
The Fellows will be trained in Singapore under the supervision of mentors from Singapore Biodesign together with Stanford University. The Fellows will also be sent to regional countries such as China and Indonesia to investigate unmet clinical needs and develop understanding of the local medtech ecosystem. Towards the end of the Fellowship, the Fellows will spend 6 weeks in Stanford to further refine and develop implementation plans for their top projects under the guidance of experts from Silicon Valley.nnovation Class.
Are stipends subjected to income tax deduction by IRAS?
Yes. Fellows for year 2017 onwards are required to submit tax deduction to IRAS on their own.
Can I choose which medical subspecialty I focus on during the Fellowship?
No. Each year, SB selects a different clinical subspecialty as the focus for the fellowship. We believe that by working in an area where they’re not necessarily experts, the fellows are more likely to question existing paradigms and recognize interesting opportunities.
Who owns the intellectual property for inventions created as part of the SB Fellowship?
A*STAR as the host institution, owns the intellectual property, but we work closely with A*ccelerate to help translate inventions coming out of the Fellowship, where appropriate.
Am I expected to start a company out of the Fellowship?
Our Fellows are expected to contribute back to the health technology innovation ecosystem according to their strengths and career goals after the Fellowship. SSB fellows continue to pursue a career in healthcare post-fellowship in four key paths: CEOs/Co-Founders, Project Managers, Business Development Managers and Clinician Innovators.