Partners With StartUp University To Assist Scientists in Building Successful Start-Ups

Oct 12, 2000, 01:00 ET from

    SAN FRANCISCO, Oct. 12 /PRNewswire/ --, the leading hubsite
 for the life sciences, and StartUp University, today announced they have
 formed a partnership focusing on helping gifted scientists build startups.
 StartUp University helps entrepreneurs navigate the first steps of creating a
 venture-backed company.
     In this unique partnership, and StartUp University will
 produce a series of live "how to" seminars for biotechnology and life science
 entrepreneurs in the San Francisco Bay Area.  The seminars will focus on the
 unique needs of early-stage biotech start-up companies.  As scientific
 discoveries surface, entrepreneurs must address various business issues
 requiring skills that they may not be equipped with.
     "Our new seminars will provide entrepreneurs with the tools necessary to
 progress effectively in a competitive market," said Aylene Lambert,'s Start-Up Channel director.  "This partnership between our
 communities will help build the next generation of life science start-ups."
     Industry experts including leading venture capitalists that invest in the
 biotechnology and life science industry will present each seminar.  This will
 provide significant value to entrepreneurs in the field, through those who
 understand the unique challenges faced by biotech entrepreneurs.  In most
 cases, the presenter has successfully built, or worked in, a biotech startup.
     "Our goal is to help brilliant scientists feel as comfortable in a
 business suit as they do in a lab coat," said Wayne A. McDonell, StartUp
 University's founder.  "Through this series of seminars we hope to provide
 entrepreneurs with the knowledge necessary to make this transition."
     The series of seminars will feature venture capitalists discussing topics
 including business planning, investor presentations, raising venture capital
 and protecting intellectual property.  The live seminars will be recorded,
 archived and accessible online later this year through's Start-Up
 Channel ( , in a Pay-per-view
 format. began offering a host of services aimed at supporting the
 efforts of life sciences entrepreneurs through its Start-Up Channel earlier
 this summer.  The Start-Up Channel was developed with the goal of
 accelerating innovation in the industry by focusing on the unique needs of
 those involved with creating life sciences start-up companies.
     About Startup University
     Startup University ( educates
 entrepreneurs locally and online.  Startup University campuses host
 educational seminars featuring industry VIPs, such as Venture Capitalists,
 Angel Investors, or other startup professionals.  Each live seminar is
 archived and available via subscription to entrepreneurs globally via the
     About ( is the global hubsite for the life
 sciences industry, providing a vertical portal for information, product and
 services. attracts over 2.2 million page views per month from
 over 600,000 unique visitors seeking news & information, business and
 scientific content, investment data, company profiles, job postings,
 real-estate listings, and event listings.  Additionally, the company delivers
 customized e-commerce portal solutions for the industry, combining a
 procurement platform with the information services delivered through its
 global hubsite.  Its innovative business-to-business (B2B) supply solution was
 developed and piloted cooperatively with the National Institutes of Health
 (NIH).  The company is dedicated to accelerating discovery in the life
 sciences by facilitating exchange crucial to the industry through the
 application of Internet technology.