Washington Innovation Network (WIN) for Life Sciences

Focus: 

To establish a program that matches Washington life sciences entrepreneurs with a trusted group of experienced mentors for guidance and skill development

Anticipated Impact: 

A larger number of successful life sciences companies in Washington and a statewide cadre of well-trained entrepreneurs

Abstract: 

This grant supports the launch of a statewide network of seasoned entrepreneurs and life sciences commercialization experts to provide guidance to early-stage companies across Washington to accelerate commercialization success. The Washington Innovation Network for Life Sciences, although unique in Washington, builds upon the Washington Biotechnology & Biomedical Association (WBBA)’s existing programs to promote life sciences entrepreneurship and is modeled after highly successful programs in other states. Each participating start-up company will be matched with a team of advisors, who will develop an individualized mentoring plan to (1) help the company advance along the commercialization pathway, and (2) assist the entrepreneur in developing critical skills such as negotiation and fundraising. WBBA anticipates formation of approximately 20 mentoring teams during the two-year grant period.

Collaborating organization: Institute of Translational Health Sciences

The Washington Biotechnology and Biomedical Association named Courtney Law as principal investigator, replacing Christiana DelloRusso, in October 2014.

See also:

 

Entrepreneur Mentoring Program

Grant Update

Principal Investigator:
Courtney Law
Grantee Organization:
Washington Biotechnology and Biomedical Association
Grant Title:
Washington Innovation Network (WIN) for Life Sciences
Grant Cohort and Year:
2013 Entrepreneur Mentorship Program (08)
Grant Period:
07/01/2014 - 06/30/2016 (Completed)
Grant Amount:
$279,294
In July 2014, the Washington Innovation Network (WIN) Entrepreneur Mentoring Program was established by Life Science Washington. The WIN Mentoring Program gives promising early stage Washington life science and global health ventures world-class advice and assistance through their most critical stages. In this milestone-focused program, entrepreneurs are matched with an all-star team of seasoned volunteer advisors. Entrepreneurs receive professional advice from teams of professionals with deep and diverse expertise in commercialization and business execution. Since its launch in December 2014, the program has grown to include over 48 highly experienced mentors and 31 ventures. Eleven of these ventures have achieved critical milestones and have been promoted to alum status. To date, our mentors have delivered over $400,000 value to the life sciences and global health communities in Washington state.

Impact in Washington

Location of LSDF Grantee
Locations of Collaborations/Areas of Impact
Seattle

Legislative Districts:
11, 34, 36, 37, 43, 46

Health Impacts

Entrepreneur Mentoring Program