Bulletin, Institute

FAST@Area 52 Launches in Davis this March

The California Life Sciences Institute (CLSI) is proud to announce the expansion of the FAST program to Davis, CA: FAST@Area 52. The pilot will launch with two Davis companies, InnovaNutra, which is developing bio-based encapsulation to significantly improve bioaccessibility of nutrients and phytochemicals to use in food and medical applications; and Raydiant Oximetry, which is advancing a novel non-invasive medical device to better evaluate fetal well-being during childbirth to prevent unnecessary Cesarean sections. FAST@Area52 companies will undergo 18 hours of intensive coaching with a team of advisors who will work with the companies over three-and-a-half months to develop their commercialization strategies.

CLSI has teamed up with the Sierra Energy Research Park (SERP), (a new 4.5-acre research and development space located in South Davis that will provide space to incubate 25 or 30 startup companies), incorporating Area 52, (an incubator and makerspace focused on advancing manufacturing and rapid prototyping), to assist in building a community of support for the young life sciences companies in the area.

The FAST@Area 52 expansion is supported by a grant to the Institute from Small Business Administration’s third annual Growth Accelerator Fund Competition, whose aim is to make new connections and strengthen existing bonds within America’s small business support network, bringing entrepreneurs and innovators together and connecting them with local and national resources that support small business job creation and growth. For more information, please contact FAST@califesciences.org.