The
goal of the QB3 Garage is to help entrepreneurs move efficiently
from conducting biomedical research to creating biotech companies.
By lowering the energy barrier required to start a biotech
comany, QB3 is helping to ensure the continued development
of novel therapies, diagnostics, and research tools, and the
sustained growth of the California economy.
California's success stems in part from its entrepreneurs who
willingly defy the odds in pursuit of important missions. For
instance, in 1938, Hewlett and Packard working in their Palo
Alto garage launched one of the great technology companies
of the 20th century. A story repeated many times in the seven
decades since then - including the launch of Apple from the
Steve Jobs garage. However, this tale has less often
been the case for biotech companies - garages are just not
as suitable for biological experiments. Consequently,
biotech entrepreneurs have had a much harder time moving from
idea to prototype, thus reducing the rate of innovation.
To redress this challenge QB3 has created an incubator that allows very small
companies access to modern laboratory space in close proximity to QB3 investigators.
But this is not an incubator in the traditional sense, rather we have created
the biological laboratory equivalent of a garage - a small space for inventive
entrepreneurs to lay the foundations for what may be another great California
company. |
