According to data from the Kauffman Foundation, the percent of startups located in rural communities has declined from 20% in the 1980’s to 12% in 2016. High-growth entrepreneurship flourishes best in the context of supportive ecosystems where access to skilled talent, mentors, incubators, partners, capital, and knowledge (e.g., universities) thrives. Recognizing this, cities throughout the world have gotten much more sophisticated in creating supportive ecosystems in which startup entrepreneurship can thrive. Bio Neste is a project with the goal to create a model that can bring those same valuable assets to rural regions and to support the growth of a biotech sector in our region.
This biotech incubator will be built on a successful existing platform of business support at Hannah Grimes that includes one-on-one coaching, workshops, mentorship, access to capital, a successful Startup Lab, incubator program and thriving network. Bio Neste will begin with a dedicated space in the Hannah Grimes Center incubator and looks to connect with statewide efforts to grow the biotech sector.
The team includes two experienced biotech
Press for BiO NeSTe: