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.

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

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