University Lab Partners
Many scientists have limited knowledge in how to grow and scale a business. ULP provides early-stage companies tailored accelerator services, including customized advisory and mentorship. This targeted approach empowers entrepreneurs to refine their business models and enhances their likelihood of success. Secondly, the ULP Accelerator addresses the issues of isolation and limited networking experienced by early-stage life science companies. As a non-profit, ULP has a platform that fosters collaboration and partnerships, connecting entrepreneurs with leading research universities, private/public partners, and investors to create a vibrant innovation network. Innovative ideas and discoveries often remain confined to the laboratory, lacking the resources and know-how to progress to market-ready products. The accelerator plays a crucial role in translating technology, guiding ventures to bring their research into tangible products and expedite market entry. Moreover, the ULP Accelerator addresses the challenge of limited access to capital. Securing early-stage funding, particularly in the life science sector, can be challenging. The accelerator aims to increase access to early-stage capital by preparing founders to leverage undiluted funding through SBIR/STTR funding. This involves engaging with investors and large strategic partners, both domestic and global, and facilitating networking events to bridge the gap between entrepreneurs and potential funding sources. We aim to empower economic development and job creation in Orange County by combining state-of-the-art life sciences co- working environments with workforce development and training opportunities.
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