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The Madrid-MIT M+Visión Consortium, an initiative of the regional government of the Comunidad de Madrid, through the madri+d Foundation in partnership with the Massachusetts Institute of Technology (MIT), launches IDEA2 Madrid, a program designed to help the Madrid's emerging biomedical innovators and entrepreneurs refine their project ideas and connect with the expertise to help realize them. Its mission is to help turn new ideas into real products and successful business ventures, and to strengthen the community's innovation ecosystem. Experts from the United States and Europe meet these days during the Biomedical Innovation Conference "Building High Performance Innovation Ecosystems" to share their experiences in the establishment of high performance innovation ecosystems.

According to Karl Koster, executive director at the MIT Office of Corporate Relations, "it takes many different kinds of expertise to turn great ideas into real technologies and successful businesses. In a healthy innovation ecosystem, researchers, entrepreneurs, and end-users build on one another's ideas by identifying potential problems and solutions so there is an end-to-end dialog about how to make an impact. It also helps avoid the problem of engineering a solution that has meets no real-world need".

To read the full, original article click on this link: A new way for emerging biomedical innovators and entrepreneurs to turn ideas into successful business