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Ask HN: Are accelerators for bio/chem based startups any good?
1 point by wuschel on April 22, 2015 | hide | past | favorite
While there are plenty of accelerators in the software space, a team inclined to solve a problem in the wetware/hardware domain is much less lucky to land in a sweet spot that gives some funding and caters to its specific needs.

Here are the questions:

1) Does YC offer a special package for teams that come from the biotech sector e.g. in the form of lab space, access to analytic hardware, etc?

2) What are the leading bio/chem/hardware accelerators?

3) What are the 'packages' of the leading bio/chem/hardware accelerators e.g. initial funding, percentage of company shares taken, infrastructure, mentoring program, track record? E.g. Indie.Bio takes 8%, fives roughly 50$ in cash and 50$ for the possibility to use the labs in Cork for 3 months and for accelerator program participation.

4) Is it even recommended to join a accelerator as a bio/chem/hardware team? The parameters money (and time) to prototype/product are larger as for software solutions - how do accelerators compete here with, let's say, a solid industry collaboration that may offer significant infrastructure and know how from the particular technology sector?

I would be happy to hear some opinions, or perhaps, even better, some hard earned experience.

Cheers!




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