Applications are invited from young, enthusiastic Life Science Entrepreneurs for the chance to translate their cutting edge research into a successful startup. The winner will receive $150K, lab space, and business and intellectual property legal support.
LONDON, Nov. 20, 2013 – Oxbridge Biotech Roundtable (OBR) has partnered with SR One to bring their successful OneStart Biotech Business Plan competition to the Americas. OneStart Americas invites individuals or teams of burgeoning life science entrepreneurs under 36 years of age to apply in one of four tracks: drug discovery, medical devices, diagnostics, or health information technology. Thirtyfive selected semi-finalists will undergo two-months of extensive mentorship from venture capitalists, pharmaceutical executives, and other entrepreneurs in order to turn their idea into a comprehensive business plan.
Entrants will compete for $150,000, free lab space at QB3 in San Francisco for up to one year, and business and legal support. Winners will be selected from a pool of ten finalists based on criteria including innovation, impact to patient health, and quality of the business plan. The only stipulation is that the prize money be used to develop the idea. Unlike other entrepreneurial competitions, all intellectual property is retained by the winning team and neither OBR nor SR One claim any equity in the winning idea.
Launch events for OneStart America will be held in Los Angeles, San Francisco, San Diego, and Boston.
More information including launch dates, entry requirements, building a team, and the application process is available here. Furthermore, if you are passionate about entrepreneurship but do not have a clear idea of your own or would like to form a team to help develop your idea, create a profile with the Co-Founders Hub here.