Harvard University hopes that a $50 million gift will bring enough early stage projects to a partnering event so that its Biomedical Accelerator will be self-sustaining in eight to 12 years.

Last week, the Blavatnik Family Foundation donated $50 million to the accelerator, which Harvard Chief Technology Officer Isaac Kohlberg formed in 2007 to identify early stage technologies at the university and prepare them for licensing and commercial development.