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CLSA Wire

Heading into Year Two with Even Stronger Commitments to Life Science Startups

At just over a year old, we are proud to count over 90 life science companies in the BayBio Fellows Program. With the assistance of more than two dozen sponsors, the program has proven to be successful in providing startup companies with access to business experts, discounted programs, partnering opportunities and more.

As we look toward year two of the program, BayBio is committed to providing additional opportunities to help our emerging companies succeed. In addition to the complimentary membership for first year Fellows, we are extending discounted member rates to second-year Fellows to allow them to continue to grow with the support of the BayBio community.  Many of these features were rolled out at three Fellow Orientation Happy Hours in April and June.

But the Fellows program is not just about saving companies money. We are also expanding opportunities for Fellows to connect with life science executives, investors, business experts and each other (virtually and in person). From intimate gatherings to more regular networking opportunities, BayBio Fellows will have multiple opportunities to establish and access a growing peer and mentoring network.

Fellows will continue to receive prioritization for complimentary registration to our annual gala events, such as CALBIO and the Pantheon Awards. They will also be invited to attend exclusive CEO networking events.

With input from our Fellows and their Sponsors, we look forward to making the BayBio Fellows program even more valuable for young companies.

Tapping into the Bay Area’s Experienced Leaders for Business Help

BayBio Fellows and other life science entrepreneurs seeking business advice are accessing the BayBio Expert Networkto connect with seasoned industry professionals for answers to questions about establishing and growing a successful new life science company.

A brief look at the profiles of the experts demonstrates the wealth of expertise available to young startups. Entrepreneurs are tapping into in the areas of business planning, capital formation & partnering, clinical trials, facilities, finance, grants, insurance, intellectual property, human resources, legal, operations & administration, regulatory affairs, and outsourcing. Network experts are available to help entrepreneurs define issues, set objectives and identify critical resources.

How much does this cost? The Expert Network is free and part of BayBio’s ongoing efforts the help our young innovative companies succeed. Learn more at www.baybioexpertnetwork.com.

More to Come

In the coming months, we will continue to provide life science entrepreneurs with capital access opportunities through the Entrepreneur & Investor Roundtables, Pharma Partnering Days, and grant workshops. We are already encouraging entrepreneurs to connect to each other through the BayBio Fellows LinkedIn group, and plan to provide an online resource map to help with navigation of the Bay Area’s entrepreneurial community. And we will continue to solicit feedback to learn how we can further our commitment to keeping Northern California’s innovative spirit alive and prosperous.