Radically Rural biotech
Radically Rural biotech (RRb) is a national rural biotech network formed to create a more geographically dispersed and inclusive entrepreneurial ecosystem for the biotech sector by leveraging local assets, resources, and expertise through partnerships. The creation of this network was made possible through funding from the Small Business Administration’s Growth Accelerator Fund Competition (GAFC). The $50,000 award provided support to the Hannah Grimes Center to identify rural biotech entrepreneur support organizations and catalyze these Founding Partners to support the creation of RRb. HGC has applied for Stage Two GAFC funds to support the work of the founding partners to create the national rural biotech network.
Radically Rural biotech (RRb) Founding Partners Radically Rural biotech Founding Partners include New Hampshire’s Hannah Grimes Center for Entrepreneurship (HGC), New Mexico Bioscience Authority, Ohio University Innovation Center, Dirigo Labs – Central Maine Growth Council, and KY Inventors. Each organization offers a range of experience working in rural communities and supporting STEM focused rural businesses. In the upcoming year, the group will be expanded to include other entrepreneur support organizations as partners and other key players in the entrepreneurial ecosystem as affiliates.
The RRb Founding Partners have set out to demonstrate how rural communities can be a vibrant part of the U.S. biotech sector. They believe that connecting their dispersed assets, resources and expertise through a national network will create a robust and integrated ecosystem enabling rural communities to fully participate in the innovation economy.
“Prevailing culture, not facts, have kept biotech companies from exploring the advantages of rural communities. The Radically Rural biotech network can be at the forefront of overcoming that cultural norm and establishing a more geographically dispersed and inclusive entrepreneurial ecosystem for the U.S. biotech sector.” – Mary Ann Kristiansen, executive director of the Hannah Grimes Center for Entrepreneurship (HGC).
HANNAH GRIMES INCUBATOR PROGRAM INCLUDES A BIOTECH FOCUS
Biotech entrepreneurs who prefer the business and lifestyle advantages that a vibrant rural hub can offer have an expanding pool of resources.
Hannah Grimes’ award-winning entrepreneur support platform includes one-on-one coaching, workshops, mentors, access to capital, an eight-week Business Lab, incubator program, co-working and extensive network. In addition, the national RRb collaboration offers a high-quality, extensive biotech support network to benefit the Monadnock region’s biotech entrepreneurs.
Scientific development of biotechnology is expensive. Locating a startup company in a major metropolitan center is even more expensive. And entrepreneurs often overlook the competitive edge given them by considering manufacturing, regulatory and business aspects early in the development process – great science alone is not enough to compete.
The resources at Hannah Grimes are geared to help the biotech entrepreneur pay attention to business and regulatory processes early in their go-to-market strategy to get the business across the finish line faster and stronger, conserving critical resources at this perilous stage and getting to revenue generation sooner.
Keene and the Monadnock region are in close proximity to burgeoning activity in well-known biotech hubs in Boston, Manchester and Hanover, this offers a tangible benefit to biotech companies locating in the region. Further, Keene State College offers faculty, student, equipment and facility resources in Life Sciences and Sustainable Product Design.
Altogether, the region offers proven entrepreneur support, a low-cost environment to stretch early investment dollars, a rich array of much-needed biotech resources, a diverse and robust advanced manufacturing sector, and a powerful and engaged network.
Incubator Current Biotech Companies
Detact Diagnostics is a privately held, life science-biotech company founded in 2014 in the Netherlands. To meet the need for rapid, scalable, and direct pathogen detection, Detact has developed a novel and disruptive detection platform technology named VIPER®. This technology is innovative, highly sensitive, specific, and fast (seconds – minutes) that lends itself to application development in the healthcare and food industries.
Biotech Incubator Advisory Board:
Roy Wallen, Julie Garcia, Sara Powell and Mary Ann Kristiansen
BioTech Pro Bono Coaching
Coaching is offered to biotech entrepreneurs who want to start or grow their company and would like the opportunity to connect with a professional coach or consultant at no cost up to 3 times per topic.
To schedule a coaching session please email firstname.lastname@example.org.