A biotech team paying attention to business and regulatory processes early in their go-to-market strategy will get the business across the finish line faster and stronger, conserving critical resources at this perilous stage and getting to revenue generation sooner.
This biotech incubator is built on the award-winning platform of business support at Hannah Grimes that includes one-on-one coaching, workshops, mentors, access to capital, a seven-week Business Lab, incubator program, co-working and extensive network. Keene and the Monadnock region are in close proximity to burgeoning activity in well-known biotech hubs in Boston , Manchester and Hanover, This offers a tangible benefit to biotech companies locating in the region. Further, Keene State College offers faculty, student, equipment and facility resources in Life Sciences and Sustainable Product Design.
Altogether, the region offers proven entrepreneur support, a low-cost environment to stretch early investment dollars, a rich array of much-needed biotech resources, a diverse and robust advanced manufacturing sector, and a powerful and engaged network. Prevailing culture, not facts, have kept biotech companies from exploring the advantages of rural communities and Hannah Grimes is happy to be at the forefront of changing that inaccurate cultural norm.
Scientific development of biotechnology is expensive. Locating a startup company in a major metropolitan center is even more expensive. And entrepreneurs often overlook the competitive edge given them by considering manufacturing, regulatory and business aspects early in the development process – great science alone is not enough to compete.
Bio Nest offers a rural biotech incubator for entrepreneurs that recognize the business and lifestyle advantages that a vibrant rural hub can offer.
Roy Wallen, Julie Garcia, Sara Powell and Mary Ann Kristiansen
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