More than Just Lines on a Map: Best Practices for U.S Bike Routes
Non-dilutive funding for biotech and life science startups
1. How to scout for money with selling equity?
• Government academic grant
• Government industrial grant
• Industry partnerships
• Venture Debt
• Foundations
Options Examples
2. Advantages of funding from non-profit foundations
• Getting increasingly popular and important
• Usually have strong clinical focus and intended indication
• Support R&D than commercialization
• Strong clinical expertise
• Access to patients, advocacy groups and other stakeholders
• Typical funding: <50 M
• Can be leveraged to advance other pipeline
• Gates Foundation, Thiel Foundation, CF Foundation, Lou Gehring (ALS)
• Typically fund risky early stage development programs with no or ineffective standard of
care
• Contribute to wider disease community, generate knowledge and provide reference for
treatment