UC San Diego Innovation Calendar
BioLabs Towne Centre - 9620 Towne Centre Dr Ste 100 San Diego, CA 92121
About this Event
Larger Than Life Science is a free monthly event series open to everyone interested in building a strong support network for San Diego’s life science and healthcare innovators.
San Diego Larger Than Life Science will be held at BioLabs in Towne Centre from 4-7 pm. Join us for an evening of unconventional conversation!
This month’s theme: Critical Cash: How to raise non-dilutive funding
Non-dilutive funding is any kind of financing that does not require giving up ownership of the company. Biotech and life science startups often rely on government industry grants, including the Small Business Innovation Research (SBIR) and Technology Transfer (STTR) programs, which are designed to enable the commercialization of cutting-edge technologies. Other sources of non-dilutive funding include foundations, industry partnerships, and venture debt.
While these can be important sources of cash, non-dilutive funds are not “free” and can have some unintended consequences and costs. Join us to hear a variety of perspectives – entrepreneur, investor, entrepreneurial support organization and legal expert –to learn how to secure and deploy this type of “critical cash.”
Our featured sessions:
TALK | 4:30 – 5:30pm
Successful Strategies: Winning SBIR / STTR Grants
The SBIR program to secure non-dilutive funding for research & development with a path to commercialization is growing increasingly competitive. Phase I grants provide up to $150,000 to help with proof of concept; Phase II grants can fund up to $1 million to advance scientific and technical merit. Join Senior Consultant, Martin Kleckner III, to gain insights and practical suggestions for accessing the R&D/commercialization grants currently available through 11 federal agencies.
TALK | 5:30-6:00pm
MICRO-TALK: Bootstrapping SBIR Applications
SBIR for the bootstrapped DIY’er – how to win with minimal time, effort, and money. Putting together an SBIR grant has traditionally been intimidating due to the amount of time and effort that goes into fully-understanding the rules & regulations of this Federally-funded program. Hiring a specialist consultant can quickly run upwards of a few thousands of dollars, which is beyond the budgets of most grassroots-stage startups. During this micro-talk with Rupak Doshi, CEO of OmniSync Incorporated, you will learn about a new hybrid approach where a combination of machine and human intelligence can be used to prepare a high-quality SBIR package with the least time, effort, and money spent.
***Space is limited, to reserve your seat please e-mail, email@example.com
DISCUSSION | 6:00 – 7:00pm
Debt Financing: Tips and Tricks
Innovation organizations focus almost exclusively on equity finance, and not without reason. New businesses have little collateral, uncertain revenue and plenty of risk. However, debt can alleviate scaling pressures and help achieve better outcomes for the right startups.
NETWORKING | 4:00-7:00pm
Connect with your fellow bio-innovators over drinks , appetizers and demos.