🚀 Top Accelerators & Incubators for PhD Founders
1. Y Combinator (YC)
- Overview: One of the most renowned startup accelerators globally, YC has a history of supporting technical founders, including PhDs.
- Investment: \$500K for 7% equity.
- Notable Alumni: Airbnb, Dropbox, Stripe.
- Link: Y Combinator(Vestbee, Reddit, WIRED)
2. IndieBio
- Overview: A biotech-focused accelerator that supports scientists in transitioning their research into viable startups.
- Investment: \$250K in funding.
- Locations: San Francisco, New York.
- Link: IndieBio(OpenVC)
3. Techstars
- Overview: Offers a broad network of accelerators, including programs tailored for early-stage and idea-stage founders.
- Investment: \$120K for 6% equity.
- Pre-Accelerator: Founder Catalyst – a 10-week program for idea-stage entrepreneurs.
- Link: Techstars
4. Berkeley SkyDeck
- Overview: A top-tier university-affiliated accelerator that combines resources from UC Berkeley's business and engineering schools.
- Investment: \$100K for 5% equity.
- Link: Berkeley SkyDeck
5. StartX
- Overview: A nonprofit accelerator affiliated with Stanford University, supporting founders from the Stanford community.
- Note: Primarily for Stanford-affiliated individuals.
- Link: StartX
6. Founder Institute
- Overview: A global pre-seed accelerator that helps aspiring entrepreneurs turn ideas into fundable startups.
- Program: 14-week part-time program.
- Link: Founder Institute
7. Entrepreneur First (EF)
- Overview: Focuses on individuals rather than existing teams or startups, helping them find co-founders and develop ideas.
- Investment: Varies by location; for example, £80K in Europe for 10% equity.
- Link: Entrepreneur First
8. MassChallenge
- Overview: A zero-equity accelerator that supports high-impact startups across various industries.
- Benefits: Mentorship, office space, and access to a vast network.
- Link: MassChallenge
9. Alchemist Accelerator
- Overview: Focuses on enterprise startups, particularly those with technical founders.
- Investment: \$36K in funding.
- Link: Alchemist Accelerator
10. Johnson & Johnson Innovation – JLABS
- Overview: Provides lab space and resources for life science and healthcare startups.
- Locations: Multiple across North America, Europe, and Asia.
- Link: JLABS
💰 Venture Capital Firms Open to Early-Career PhD Founders
1. Xfund
- Overview: An early-stage venture capital firm that originated from Harvard, focusing on entrepreneurs from top universities.
- Link: Xfund
2. Unshackled Ventures
- Overview: Invests in immigrant founders at the pre-seed stage, providing support beyond capital.
- Link: Unshackled Ventures
3. Village Global
- Overview: A network-driven venture firm backed by some of the world's most successful entrepreneurs.
- Link: Village Global
4. Afore Capital
- Overview: Focuses on pre-seed investments, often being the first institutional capital into a startup.
- Link: Afore Capital
5. Pear VC
- Overview: An early-stage venture firm that partners with founders from the outset, offering support through their PearX program.
- Link: Pear VC
🧬 Biotech-Specific Accelerators & Incubators
Given your expertise in molecular genetics, these biotech-focused programs might be particularly relevant:
1. IndieBio
- Overview: As mentioned above, IndieBio specializes in accelerating biotech startups, providing lab space and funding.
- Link: IndieBio
2. JLABS
- Overview: Also mentioned earlier, JLABS offers a no-strings-attached model, providing lab space and resources without taking equity.
- Link: JLABS(GEN)
3. QB3
- Overview: A University of California research institute that supports biotech startups with resources and funding.
- Link: QB3
4. Berkeley SkyDeck
- Overview: As previously detailed, SkyDeck supports a range of startups, including those in the biotech sector.
- Link: Berkeley SkyDeck(Wikipedia)
There are also a ton of local and state run initiatives for funding young founders. Here are a few near where I live to check out and know what to look for, for your own locale:
📍 Regional Opportunities Near Columbus, Ohio
1. Ohio Innovation Fund
- Overview: Invests in early-stage Ohio-based startups, particularly in the tech and healthcare sectors.
- Link: Ohio Innovation Fund
2. Rev1 Ventures
- Overview: Based in Columbus, Rev1 Ventures offers funding, mentorship, and support to startups in the region.
- Link: Rev1 Ventures
3. JumpStart Inc.
- Overview: Supports entrepreneurs in Northeast Ohio with funding and resources.
- Link: JumpStart Inc.