Synbio Axlr8r - Apply for funding and lab access for Synbio projects

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Cathal Garvey

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Dec 16, 2013, 9:08:25 AM12/16/13
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Hey all,
Time to spam you all again about something exciting in Ireland. :)

For the TL;DR crowd: http://www.synbioaxlr8r.com/about

For the rest of you:
Synbio Axlr8r is a startup accelerator program for Synthetic Biology,
planned and organised to take place this May 5th -> Aug 30th in Cork,
Ireland.

Pre-arranged for the program is funding, mentorship, and lab-space in
University College Cork, furnished with the equipment you'd expect to
need for Synbio projects.

Funding is in the range of $30,000 for accepted entrants, and at the end
of the 3-month program participants will have the chance to pitch to
further investor groups or individuals.

On the "board" at present are Bill Liao, Permaculturalist, Businessman,
Speaker and Investor; Jacob Shiach, editor of the Citizen Science
Quarterly, founder of Brightwork CoResearch, and officially tenured
DIYbioer; and myself.

Mentors onboard besides us already include: Andrew Hessel, Britt Wray,
Douglas Ridgway, John Cumbers, Karmela Haynes, Martin Kelly, Nigel
Sansom, Reid Williams, Sean O'Sullivan, Simon Bayly, and Phil Cotier.

Entrants need not be Free/Libre (though I heartily encourage it), nor do
they need to be proprietary (though I'm sure others will push for it).
They do not *necessarily* need to focus on actual wet-work, either;
advanced software or hardware that's directly relevant to Synbio will
also be considered.

This is a business-focused accelerator, however, so bring your ideas
with a mind to forming a company and producing a product. In your
application it may be worth considering the three cardinal rules of
business and how you plan to apply them; how you'll make a product (1)
that people want (2) at a price they can afford (3). However, like all
other details of the final product, nothing need be fixed in stone at
the application stage; it's more important to make the pitch than
describe the outcome!

From a purely nerd-love standpoint, this also stands to be a great event
for exciting people to meet one another and share biohacking experiences
that may be worth including in their print-on-demand, badly punctuated
autobiographies someday.

Looking forward to meeting and working with some of you this May! If
you've ever had a Synbio business idea, this is as good a time as any to
bite the bullet and make it happen, and I'll be happier the more
biohackers we get in on this. ;)

Best,
-Cathal
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Nathan McCorkle

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Dec 16, 2013, 2:54:29 PM12/16/13
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What are the terms of this program? Is it a grant, loan, or do they
take a % of the company (if so, how much % or what other terms)? How
much publication is required, i.e. I want to keep my tech a trade
secret and just sell the what it produces?
--
-Nathan

Dakota Hamill

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Dec 16, 2013, 5:39:19 PM12/16/13
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Interesting, thanks for sharing Cathal.  I'll have to give it a thorough read after work.


--
-Nathan

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Mac Cowell

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Dec 18, 2013, 3:25:19 PM12/18/13
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I think they take ~20% equity for the $30k + lab space + mentor network.


--
-Nathan

kingjacob

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Jan 6, 2014, 1:56:33 PM1/6/14
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Apologies for the late response y'all. Mac's mostly right, we take a 15% common stake in exchange for giving $30k, an awesome lab space, and most importantly hook you up with some pretty brilliant mentors

Seriously, if you've got an idea, I would strongly encourage you to apply. The application deadline is March 14 but there's also a cool startup grant challenge called Hello Tomorrow (http://www.hello-tomorrow.org/) that has a 100k euro cash prize [deadline Jan 22] that if you "win" the biotech tract guarantees entrance into SynBio axlr8r. 





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Cathal Garvey

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Jan 6, 2014, 5:39:45 PM1/6/14
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Whoops, when I asked you to confirm the dates ages ago I thought you'd
CC'd the reply to the lists! :)

Thanks Jacob!

On 06/01/14 18:56, kingjacob wrote:
> Apologies for the late response y'all. Mac's mostly right, we take a 15%
> common stake in exchange for giving $30k, an awesome lab space, and most
> importantly hook you up with some pretty brilliant
> mentors<http://www.synbioaxlr8r.com/mentors>
> .
>
> Seriously, if you've got an idea, I would strongly encourage you to apply.
> The application deadline is *March 14* but there's also a cool startup
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Nathan McCorkle

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Jan 8, 2014, 2:31:45 PM1/8/14
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On Mon, Jan 6, 2014 at 10:56 AM, kingjacob <king...@gmail.com> wrote:
> Apologies for the late response y'all. Mac's mostly right, we take a 15%
> common stake in exchange for giving $30k, an awesome lab space, and most
> importantly hook you up with some pretty brilliant mentors.
>
> Seriously, if you've got an idea, I would strongly encourage you to apply.
> The application deadline is March 14 but there's also a cool startup grant
> challenge called Hello Tomorrow (http://www.hello-tomorrow.org/) that has a
> 100k euro cash prize [deadline Jan 22] that if you "win" the biotech tract
> guarantees entrance into SynBio axlr8r.

Note: The Hello Tomorrow grant is only open to people of "European
Counties", the following countries (teams must have at least one
person from these countries):
"
Albania, Andorra, Armenia, Austria, Belarus, Belgium, Bosnia and
Herzegovina, Bulgaria, Croatia, Cyprus, Denmark, Estonia, Finland,
France, Georgia, Germany, Greece, Hungary, Iceland, Ireland, Italy,
Kosovo, Latvia, Liechtenstein, Lithuania, Luxembourg, Macedonia,
Malta, Moldova, Monaco, Montenegro, Netherlands, Norway, Poland,
Portugal, Romania, Russia, San Marino, Serbia, Slovakia, Slovenia,
Spain, Sweden, Switzerland, Turkey, Ukraine and United Kingdom.
"
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