Programs for Entrepreneurs

Bio & Health Tech Entrepreneurship Lab NYC

ELabNYC is a prestigious six-month training and coaching program for aspiring entrepreneurs in the city’s life sciences and healthcare technology community.

Bio and Health Lab

Overview

Each year, we seek 20 talented individuals and teams passionate about the world of entrepreneurship and commercializing important innovations for patients. Applications are due in November, with the six-month program launching in January of every year with sessions held in mid-town Manhattan. 

The first in a series of Eds & Meds NYC 2020 initiatives, the ELabNYC provides extensive support to early-career researchers and engineers, post-docs, and graduate students of science interested in forming new biotech and health tech ventures. Launched in partnership with the Bloomberg Administration, and led by a team of experienced entrepreneurs, the Lab is designed to:

  • Develop a more vibrant ecosystem for entrepreneurship and venture creation in the City’s academic life sciences and healthcare communities
  • Teach entrepreneurial business concepts to aspiring entrepreneurs, including concepts that are fundamental to the life sciences and healthcare industries
  • Define a clear path for NYC’s entrepreneurially-minded graduate students and post-docs to start or join new commercial ventures based in NYC
  • Build a local platform for the next generation of life sciences and healthcare technology entrepreneurs in NYC

To learn more about the program and our application process, please visit www.elabnyc.com. If you have any questions please contact us at info@elabnyc.com.

Selection Criteria

Eligibility

Participants should live or work in New York City, and have a background or education in science or technology (i.e. earned undergraduate or graduate degree in science or engineering within the past ten years). Co-applicants are welcome and encouraged. In addition, each participant or participating team must have a technology or innovation and be committed to starting a new venture. Technology innovations may fall in the areas of therapeutics, medical devices, diagnostics, bioinformatics, research tools, or healthcare IT.

Selection Criteria

In our review of your application, personal statement, proposed entrepreneurial concept and potential interview, we will be looking for evidence of the following:

  • Commitment to pursuing entrepreneurship as demonstrated by innovative idea and references
  • Resourcefulness, business judgment, and ability to engage partners
  • Former participation in business training programs a plus
  • Need for advanced business experience/training
  • Record of scientific publications or patents
  • Demonstration of written and oral communication skills

Program Schedule 2014- 2015

November 3Application Deadline
December 1 weekFinal Interviews
December 15Participant Orientation
January 8, 9, 15, 16, 22, 23Mini MBA
February 5First Roundtable
February 2 - March 20Coaching
March 19Second Roundtable
April 2Pitch Day
April 29Third Roundtable
May 21Fourth Roundtable
June 15Program De-Brief

Additional schedule details are available here.

ELAB Class of 2015

At ElabNYC’s 2015 Pitch Day, the 20 companies from the class of 2015 presented to a standing-room only crowd. 

The 20 companies included: 

  1. ARL Designs (CUNY affiliation)
  2. Brooklyn Biosciences (NYU affiliation)
  3. NY Protein Biologics (Columbia affiliation)
  4. Optologix (CUNY affiliation)
  5. NoMoCan (SUNY affiliation)
  6. Sveikatal (Weill Cornell affiliation)
  7. Zakan Therapeutics (Einstein affiliation)
  8. MedHexim1 (SUNY affiliation)
  9. PHD Biosciences (NYU affiliation)
  10. Avalia Immunotherapies (Einstein affiliation)
  11. Yiviva (Yale affiliation)
  12. MySmileBuddy (Columbia affiliation)
  13. Genetical Lens (Independent)
  14. Addicaid (Independent)
  15. Scalable Genomics (NYU affiliation)
  16. Hyperfine (Independent)
  17. Innovative Neurons (Independent/Zahn Center)
  18. InfrasSonic Monitoring (SUNY affiliation)
  19. S.A.L.T. (Weill Cornell affiliation)
  20. PainQX (NYU affiliation)

Visit the ElabNYC website for more in-depth information on the companies.

Advisory Board Members:

  • Jahan Ali, Director, BioAccelerate NYC, NYC Investment Fund
  • Sundeep Bhan, Co-Founder & CEO, Medivo
  • Thomas F. Bongiorno, Chief Accounting Officer, Quest Diagnostics
  • Yves Duroseau, Chair, Department of Emergency Medicine at Lenox Hill Hospital
  • Andras Forgacs, Co-Founder & CEO, Modern Meadow
  • Yin Ho, Co-Founder & CEO, Context Matters
  • Linda Malek, Partner, Moses & Singer
  • Donna See, Vice President, Allied Minds
  • Todd Sherer, CEO, Michael J. Fox Foundation
  • David Steinberg, Partner, PureTech Ventures
  • Thomas P. Cirrito, Ph.D., Co-Founder & CEO, Filament Biosolutions

News & Updates

  • BLOG ENTRY

    ELab NYC Alum Suneris Launches VETIGEL

     |  NYCEDC
    Joe Landolina was a freshman in college when he invented VETIGEL, a plant-based gel that stops severe bleeding in less than twelve seconds. Soon after, he co-founded the medical technology company Suneris and embarked on a mini-MBA program through NYCEDC’s Bio & Health Entrepreneurship Lab.
  • NEWS

    ElabNYC 2015 Pitch Day

     |  Source: AlleyWatch
  • BLOG ENTRY

    Entrepreneurship Lab: 2013 Inaugural Pitch Day

     |  NYCEDC
    This year, NYCEDC launched Bio & Health Tech Entrepreneurship Lab NYC (ELabNYC), a training and mentorship program for aspiring entrepreneurs in New York City’s life sciences and healthcare community. Read more about ELabNYC Pitch Day and members of its inaugural class.
  • BLOG ENTRY

    Entrepreneurship Lab: Life Sciences & Healthcare Mentorship Program Launches With First Class of New Ventures

     |  NYCEDC
    NYCEDC is pleased to announce the 2013 inaugural class of the Bio & Health Tech Entrepreneurship Lab, a training and mentorship program for new life sciences and healthcare ventures based in NYC.

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