The Blavatnik Fellowship at Yale is designed to identify promising scientists and business people with a passion for biomedical entrepreneurship, to provide a hands-on experience for building their entrepreneurial skills, while simultaneously providing mentorship and professional development responsibilities. Building on the prior success of trainee programs currently running at Yale, which engage both graduate students in the life sciences as well as MBA students, this proposal seeks to leverage those efforts and position the Blavatnik Fellow as the “highest station” in the graduate fellowship ecosystem. This is a one-year fellowship.The advancement of pharmaceutical and biomedical technologies towards the market requires the sustained involvement of both scientific innovators as well as entrepreneurial business leaders who can rationally assess and de-risk new approaches. Now entering its second year at Yale, the Blavatnik Life Science Fellowship seeks to engage young professionals with advanced training in the life sciences and business, to further catalyze Yale’s new venture ecosystem in close partnership with Yale faculty innovators. Projects may include but are not limited to: assisting faculty and OCR staff in developing more complete development plans for potential funding by the Blavatnik Fund; conducting independent analyses of the market potential of new life science technologies; partnering with specific faculty on high potential projects; and overseeing the timely completion of project work conducted by external contract research organizations. Consistently communicate with the various project teams and key stakeholders, via written or face-to-face communication, to ensure they are fully informed of the project's progression. The Fellows will also be actively engaged in the Yale Innovation Summit in May 2019, the key event of the entire calendar year for the Yale community to interact with investors and other like-minded visitors.