Skip Navigation 
Associations Now

Idea Bank: Epilepsy Foundation Borrows "Shark Tank" Concept

ASSOCIATIONS NOW, May/June 2014 Money & Business

By: Rob Stott

Summary: Taking a cue from a hit TV series, the Epilepsy Foundation asked members to step into the "Shark Tank" and present unique and innovative ideas in epilepsy and seizure care. Winning concepts received startup funding.

What's the idea? Hosting a "Shark Tank" competition to uncover innovative ideas in epilepsy and seizure treatment and care.

Who's doing it? The Epilepsy Foundation

What's involved? The foundation's "Shark Tank" competition—modeled after the popular ABC series where contestants pitch their business ideas to potential investors—has become a crowd favorite at the group's biannual Epilepsy Pipeline Conference. Earlier this year, the group chose five finalists from 57 applications for the third edition of the contest and invited them to present their ideas to a panel of "sharks" at the June conference.

"We thought that there might be some really exciting things out there. We wanted to know a little bit more about them, and if we find a really good one, we want to help it along," says Dr. Jacqueline French, a member of the foundation's Scientific Advisory Board, who helped start the program. "We also wanted to make it something that was interesting and entertaining for the audience."

This year's finalists are competing for grants totaling $200,000. Past winning projects included an iPhone app that detects anti-epileptic drug levels in a patient's blood—which would normally take weeks to determine through lab tests—and a sleep monitor system that can tell the difference between someone getting up to use the restroom and abnormal sleep movements consistent with a seizure.

What are people saying? "It's gotten a lot of buzz for the people who have presented," says French. "We have many, many more applications than we have spots for people to come. Overall, the epilepsy community does feel like it has brought forward ideas that otherwise would not have been brought forward."

Rob Stott is Assistant Editor at Associations Now in Washington, DC. Email:

[This article was originally published in the Associations Now print edition, titled "Shark Tank, Association Style."]

Rate this item: Comments:
Rate this item:
  • one star
  • two stars
  • three stars
  • four stars
  • five stars

Please Sign in to rate this.


Community Education Resources Career Advocacy About Us Join Shop
Volunteer Groups
ASAE U Online
Associations Now
Models & Samples
Find a Job
Post a Job

Board of Directors
Standards of Conduct
Get Started
Get Connected
Get Involved
Buyers' Guide
Endorsed Business Solutions


American Society of Association Executives™ (ASAE), 1575 I St. NW, Washington, DC 20005
P. 888.950.2723, F. 202.371.8315 or P. 202.371.0940 (in Washington, DC)
© Copyright 2011 ASAE. All rights reserved.

Social Media | Advertise | ASAE Foundation | Site Map | Contact Us | Privacy Notice
Supplier Partner Corner
Find:  Resources  |  Events  |  Jobs  |  ASAE Staff  |  Endorsed Business Solutions  |  Buyer's Guide  |  Members  |  Give Back   |  Help  |  Home
linked in Twitter Feed Facebook Group Flickr Group YouTube Channel Collaborate