Due diligence is a complex undertaking, weaving together required elements of both art and science. In order to execute this process an appropriate infrastructure is required – one in which roles, responsibilities and organizational expertise combine to ensure that all relevant questions are asked and answered. A key element of the CID4 diligence process leverages the subject matter experts and key opinion leaders who are members of the CID4 Technical and Business Advisory Committee, or the TBAC.
CID4’s ability to effectively and efficiently identify successful project investment opportunities is critical to our success. The process and feedback that we give to applicant companies also contributes to the broader success of the Colorado life science ecosystem and the economic development of the State. CID4 has developed a series of essential processes and protocols which allow us to assess a large number of diverse technologies, including therapeutics, devices, diagnostics and other medically-focused technologies such as software.
The CID4 competitive advantage is derived primarily from experienced individuals and their unique intellectual capital assets. That deep experience exists within the management team at CID4, and such expertise resides with each member of the TBAC, who generously volunteer their time and energy to the CID4 diligence efforts.
Professional backgrounds and domains of expertise amongst the TBAC are diverse, deep and World-class. Committee members are serial entrepreneurs at public and private life science companies, physicians and clinicians, venture capitalists and investment bankers, attorneys, and industry executives with responsibility for the regulatory, reimbursement, sales, marketing, manufacturing and quality functions within their organizations.
It does take a village to achieve economic development through innovation advancement via the creation of Colorado bioscience companies and job opportunities. The nurturing and supportive entrepreneurial community of Colorado is personified by the sophisticated members of the CID4 TBAC. If you are interested in volunteering for a seat at the TBAC table or simply learning more please contact us today.