QB3 offers aspiring entrepreneurs from the greater UC Santa Cruz community the following resources to leverage from its network:
Medical Device Startup Support: Rosenman Institute
The Rosenman Institute drives medical device innovation and education and improves patient care by helping entrepreneurs develop technologies from concept to commercialization.
To address the challenges unique to biotech entrepreneurship, QB3 has established Bay Area incubators that allow startups affiliated with QB3 or University of California investigators access to rental laboratory space close to UC faculty. QB3 has also teamed with private partners to offer microspace in a network of locations throughout the Bay Area. These spaces are open to tenants from UC and the Bay Area community. Learn more at qb3.org/incubators.
Startup Sandbox in Santa Cruz
In Santa Cruz, Startup Sandbox, a UCSC- and QB3-affiliated incubator provides entrepreneurs with the environment to leverage UCSC’s research excellence to cost effectively incubate IP and launch companies. UC Santa Cruz is also actively exploring on-campus incubator space and options for providing it. If you would like to comment or contribute to this endeavor, please contact Ann Pace
Support for Launch: QB3 Startup in a Box
Because sometimes the hardest part of starting a venture is actually starting, QB3 Startup in a Box offers legal assistance, mentorship, a business bank account, SBIR/STTR application assistance, and operational checklists to help guide founders through the maze required to turn their idea into a company.
Funding: Mission Bay Capital
For years entrepreneurs had been telling us about the Valley of Death: the gap in funding that a startup faces, especially in life sciences, between federal grants at the earliest stages and Series A venture investment. De-risking the technology is key. That’s why, in 2009, Reg Kelly and Doug Crawford created Mission Bay Capital (MBC) and raised $11.3 million for MBC Fund I: to provide seed funding to help QB3 entrepreneurs de-risk their technologies.
Three successful exits later, Kelly and Crawford raised $25 million for MBC Fund II. MBC currently has an active portfolio of 34 companies, and has enjoyed four exits.
MBC is independently incorporated, but affiliated with QB3, and headquartered at our affiliated incubator MBC Biolabs.
Visit the MBC Website.