Author: info-innovationspace

Spring cohort includes companies specializing in life sciences, clean tech, and advanced materials.

Wilmington, Delaware — The Innovation Space™ today announced that it has accepted nine companies to join its Spring 2024 Science Inc.™ Accelerator Program, a virtual, cohort-based accelerator for early-stage science-based startups. With the support of expert coaches (Entrepreneurs-in-Residence), Science Inc.™ participants will work toward major milestones to ramp up their businesses. 

Science Inc.™ gives companies access to industry and investment experts who  advise participants on decision-making in the critical early stages of their development. Through the connections with experts and their cohort, participants cultivate a network of potential investors and collaborator partners.

Eligible participating startups also have an opportunity to apply for an investment of up to $200,000 in support through The Innovation Space’s First Fund™. 

“This is an exciting Science Inc. cohort, with companies representing a broad range of industries,” said Bill Provine, Innovation Space founder and CEO. “These startups are innovating on some of the most important issues facing us today, from decarbonization and sustainable materials to therapeutics that will improve health outcomes for patients.”

Companies participating in the Spring 2024 cohort include: 

Amalgent Therapeutics is dedicated to enhancing the treatment of severe pain by exploring novel combinations of molecules to develop innovative drugs that offer effective pain relief with reduced side effects, particularly addiction.

Eco Carbon is a chemical startup that aims to sell high-value carbon products through its patented game-changing technology that can de-plasticize plastic wastes and transform them into various carbon products.

Ephemeral Devices creates hardware and software solutions for automating and advancing dynamic imaging and real-time analysis at the nanoscale for creating digital twins in solar and semiconductor manufacturing.

Green Spear is generating anode grade graphite from sustainably sourced CO2 for the lithium-ion battery industry.

ImmuNoVx Biotech is an early-stage company whose mission is to develop a groundbreaking platform technology that allows rapid, low-cost, large-scale manufacturing of live-attenuated, replication-defective DNA pathogens to produce a novel class of vaccines.

NucleoTech is developing a drug delivery platform leveraging nanobody carriers to shuttle therapeutics to the brain, addressing a critical challenge where only ~3% of drugs that enter the bloodstream reach the brain and enabling improved treatment for dozens of conditions.

Silisium Tech is a Carnegie Mellon University spinoff whose mission is to rebuild the US solar supply chain while decreasing cost and decarbonizing at the same time through their novel process of continuous silicon wafer production.

Simmbion is a living medicine company dedicated to replacing needle-based treatment delivery with cell therapy.

Unsmudgeable is a green permanent anti-smudge eyewear lens coating for a lifetime of clear vision.

To date and including the current cohort, Science Inc.™ has supported 70 startup participants from 15 states and four countries, including the U.S. 

“For any aspiring founder or startup, we highly recommend applying for this expertly organized and moderated accelerator program,” said Christopher DiMarco, PhD, CEO and founder of Sindri Materials Corp., a Science Inc. alumni company. “It is fast paced, yet comprehensive, offering a wealth of knowledge each week. The dedicated team and experienced Entrepreneurs-in-Residence make the journey truly invaluable.”

The Science Inc.™ accelerator program accepts companies twice per year, in the fall and spring. The selective program receives applications from across the United States and beyond, with special consideration given to startups who are located or interested in locating within the Mid-Atlantic region.  

Science Inc.™ is among a suite of Innovation Space programs funded by a $1.5 million U.S. Department of Commerce grant,which is designed to build regional economies by supporting the growth of technology-oriented startups. 

About The Innovation Space™: 

The Innovation Space™ is a not-for-profit innovation ecosystem and is a virtual and physical home for leading science startups.  The Innovation Space™ works to “transform science and technology startups into industry leading companies.” Located on the historic Experimental Station campus in Wilmington, Delaware, The Innovation Space™ is comprised of 130,000 ft² of state-of-the-art lab and office space with access to cutting edge equipment alongside a suite of entrepreneurship programs and opportunities supporting startup growth. Sign up for more information and updates to learn more about all The Innovation Space™ programs and funding opportunities. 

Wilmington, Delaware & Silicon Valley, California – The Innovation Space™ a not-for-profit innovation ecosystem – and one of the nation’s largest for science entrepreneurs – and Silicon Catalyst, the world’s only incubator + accelerator focused on semiconductor solutions, have established a collaboration to co-incubate early-stage science-based enterprises focused on advanced materials and other enabling technologies critical for the semiconductor industry.

Startups and early-stage entrepreneurial teams will have access to the best-in-class science labs, mentorship, and customized programming available from The Innovation Space alongside Silicon Catalyst’s startup development expertise and its comprehensive ecosystem of Strategic Partners, Advisors and In-Kind Partners, providing a unique opportunity to drive business growth.

“The partnership between The Innovation Space and Silicon Catalyst was inspired and catalyzed by the pending transformative changes on the horizon for the semiconductor industry as a result of the bipartisan CHIPS & Science Act that was championed by President Biden,” said Bill Provine, founder, President and CEO of The Innovation Space. “Our new partnership will provide startups with critical resources and support that will build and grow a more vibrant domestic semiconductor innovation ecosystem.”

Silicon Catalyst Co-founder and former CEO Dan Armbrust is one of the original 24 members appointed to the Industrial Advisory Committee (IAC), an advisory body that is providing guidance to Commerce Secretary Gina Raimondo on a range of issues related to domestic semiconductor research and development in support of the CHIPS & Science Act. In addition, CEO Pete Rodriguez served on the semiconductor working group of the President’s Council of Advisors in Science and Technology (PCAST).

Collectively, this new partnership will present opportunities to startups that leverage the industry-specific expertise of Silicon Catalyst and its powerful semiconductor ecosystem coupled with the state-of-the-art laboratories and scientific infrastructure and the hands-on, mentorship

and coaching prowess of The Innovation Space. Startups can now be considered for lab space at The Innovation Space in Wilmington, Delaware and/or with virtual support provided by both entities for startups from anywhere in the world.

“We are very pleased to announce our collaboration with The Innovation Space. Our joint efforts to assist science-based entrepreneurs develop and deliver new technologies for semiconductor materials offers a unique opportunity for our industry,” stated Dr. Atiye Bayman, Silicon Catalyst Partner.

The Innovation Space is a not-for-profit organization and is a virtual and physical innovation ecosystem located in Wilmington, Delaware on the historic grounds of the DuPont Experimental Station campus. It is built from the foundational partnership between the State of Delaware, DuPont, and the University of Delaware and its mission is to catalyze the scientific innovation of entrepreneurs working in the fields of advanced materials, innovative ingredients, agriculture, healthcare, renewables, and advanced manufacturing. Innovation Space has supported more than 100 companies on their trajectory toward commercialization and those companies have raised $1 billion in funding since the founding of Innovation Space in 2017.

Silicon Catalyst is the world’s only incubator + accelerator focused on semiconductor solutions, (including Photonics, MEMS, sensors, IP, materials & Life Sciences) to accelerate startups from idea through prototype, and onto a path to volume production.

Silicon Catalyst has developed an unparalleled support ecosystem for its semiconductor start-ups, providing a strong network of financiers, business advisors, and industry professionals who help companies to launch and scale in the market. In addition, the incubator provides privileged access to services, expertise, and intellectual property that can empower their companies ’technological innovation.

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ABOUT

The Innovation Space™ – “The home for science entrepreneurs”™

The Innovation Space™ is a not-for-profit innovation ecosystem and is a virtual and physical home for leading science entrepreneurs. The Innovation Space works to “transform science and technology startups into industry leading companies.” Located on the historic Experimental Station campus in Wilmington, Delaware, The Innovation Space is comprised of 130,000 ft2 of state-of-the-art lab and office space with access to cutting edge equipment alongside a suite of entrepreneurship programs and opportunities supporting startup growth. Register for more information and updates to learn more about all The Innovation Space programs and funding opportunities. www.innovationspace.org

Silicon Catalyst – “It’s about what’s next”®

Silicon Catalyst is the world’s only incubator focused exclusively on accelerating semiconductor solutions, built on a comprehensive coalition of in-kind and strategic partners to dramatically reduce the cost and complexity of development. More than 900 startup companies worldwide have engaged with

Silicon Catalyst and the company has admitted 97 exciting companies. With a world-class network of mentors to advise startups, Silicon Catalyst is helping new semiconductor companies address the challenges in moving from idea to realization. The incubator + accelerator supplies startups with access to design tools, silicon devices, networking, and a path to funding, banking and marketing acumen to successfully launch and grow their companies ’novel technology solutions. Over the past nine years, the Silicon Catalyst model has proven to dramatically accelerate a startup’s trajectory while at the same time de-risking the equation for investors. Silicon Catalyst has been named the Semiconductor Review’s 2021 Top-10 Solutions Company award winner as well as the 2023 Top Photonics Solutions Provider. The Silicon Catalyst Angels was established in July 2019 as a separate organization to provide access to seed and Series A funding for Silicon Catalyst portfolio companies. SiliconCatalyst.UK. a subsidiary of Silicon Catalyst, was selected by the UK government to manage ChipStart UK, an early stage semiconductor incubator funded by the UK government. More information is available at www.siliconcatalyst.uk, www.siliconcatalyst.com and www.siliconcatalystangels.com.

Contacts:

Richard Curtin, Managing Partner richard@siliconcatalyst.com

Meredith Montalto, Ceisler Media & Issue Advocacy, meredith@ceislermedia.com

FOR IMMEDIATE RELEASE: November 28, 2022

National Innovation and Entrepreneurship Leader Offers Guidance to Startups at iMatSci Innovation Showcase in Boston

Innovation Space President and CEO Bill Provine joins experts from Harvard, Greentown Labs, Activate, RxnHub, & Luminate, in a discussion on finding the right support community

Wilmington, Del. — Bill Provine, President and CEO of The Innovation Space ™ will lead a panel discussion including experts in science and tech startup community from across the US at the iMatSci Innovation Showcase on Tuesday, Nov. 29 in Boston. The panelists of “Start-Up Support Communities for Materials-Based Companies: Which is Right for You?” will discuss the difference between incubators, accelerators, CROs and research centers, so that entrepreneurs can assess and decide the best opportunity for their company.

As the founder and CEO of The Innovation Space™, a not-for-profit innovation ecosystem as well as a virtual and physical home for leading science entrepreneurs, Provine has supported and cultivated dozens of science and technology startups in their quests to become leaders in their respective industries. Provine serves on the board for the National Council on Innovation and Entrepreneurship and the American Association for the Advancement of Science and has decades of experience in science and engineering- based innovation and commercialization at DuPont, where he oversaw both the company’s global innovation centers and regional labs.

“There is no one-size-fits-all approach to an entrepreneurship program in the sciences. Choosing the right ecosystem that will both challenge and support an early-stage startup is one of the most critical decisions that a company can make,” Provine said. “It is my privilege to moderate a discussion with such an esteemed panel of experts in order to help the next generation of innovators find the right fit for them.”

The iMatSci Innovation Showcase is a leading convening of independent technology leaders and startup companies as part of the Materials Research Society Annual Conference. iMatSci spurs collaboration and accelerates the use of new materials technologies by connecting innovators with early-stage investors, corporate scouts, potential collaborators, and research and development professionals. The full iMatSci schedule can be found here.

Provine will moderate a panel consisting of the following experts:

• Sebastian Alamillo, E.D. of RxnHub
• Randy Allen, Managing Director of Activate
• Sam Crum, Growth Manager at Greentown Labs
• Sam Liss, E.D. of Strategic Partnerships at the Harvard Office of Technology Development
• Sujatha Ramanujan, Managing Director at Luminate

The iMatSci conference is one of the many ways that Innovation Space is supporting startups across the country and attracting global talent. Across the Mid-Atlantic and throughout the country, Innovation Space has invested in dynamic startups in the fields of health care, advanced materials, diagnostics, therapeutics, nutrition, chemical ingredients, industrial and agricultural biotechnology and renewable energy.

In just five years since its inception in 2017, Innovation Space, located on the Experimental Station campus in Wilmington, Delaware, has supported and enabled more than 80 startups in their growth journeys, which in turn has raised over $800 million in private capital.

“Cooperation and collaboration is the lifeblood of innovation. Connecting startups with the physical resources, capital and mentorship opportunities they need to succeed is vital,” Provine said. “Supporting early-stage companies in the ecosystem that is right for them is critical to helping them advance to the next stage of their growth. The Innovation Space is proud of our efforts to foster scientific collaboration and build regional economies by supporting the growth of  entrepreneurs.”

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About The Innovation Space (www.innovationspace.org):

The Innovation Space ™ is a not-for-profit innovation ecosystem and is a virtual and physical home for leading science entrepreneurs.  The Innovation Space™ works to “transform science and technology startups into industry leading companies.” Located on the historic Experimental Station campus in Wilmington, Delaware, The Innovation Space™ is comprised of 130,000 ft² of state of the art lab and office space with access to cutting edge equipment alongside a suite of entrepreneurship programs and opportunities supporting startup growth. Register for more information and updates to learn more about all The Innovation Space™ programs and funding opportunities.

Contact: Meredith Montalto  

610-322-1703  

meredith@ceislermedia.com