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Three New Companies Leverage Research to Launch Development at Startup Sandbox

Awardee Story Three New Companies Leverage Research to Launch Development at Startup Sandbox
Date: Nov 12, 2019

Source: Business Wire ( click here to go to the source)

SANTA CRUZ, Calif.--(BUSINESS WIRE)--Startup Sandbox, a bioscience entrepreneurial incubator, today announced that three new startup companies have joined the Santa Cruz bioscience incubator. With the graduation of six companies in October 2019, momentum is growing for Startup Sandbox and its successful model for moving bioscience research from the lab to commercialized products.

"Startup Sandbox represents a milestone in these companies' business development," said Lou Pambianco, CEO of Startup Sandbox. "All three companies will utilize our space, equipment, mentoring, and community support. Their time here will be crucial to translating important academic research into innovative commercialized products and succeeding in their chosen markets."

Each company focuses on specific markets within the bioscience realm:

Coreless Technologies: Developing applications for plasmonic nanoparticles
Ohalo Genetics: Focusing on gene editing in plants
New Fiber Project: Developing biodegradable plastic packaging

For the next 18 to 24 months, each startup will work with the Startup Sandbox community, following the incubator's proven model and transitioning to commercial operations as strong, viable startup companies. During this time, each company develops its product roadmap for turning research into scalable, reproducible products. At the same time, companies benefit from executive mentoring to develop business, pricing, sales, and marketing strategies tailored to their unique markets.

"The goal is enabling each startup to address these requirements quickly, so they can accelerate growth and raise funds," said Pambianco. "Ultimately, they leave us with world-changing innovation that impacts not only their chosen industries, but people's lives around the world."

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