A new strategic initiative, Start Codon has launched an accelerator program for start-ups in the life sciences and healthcare industries in Cambridge.
This initiative is the first of its kind within the Cambridge Cluster. CEO of Start Codon, Dr Jason Mellad said:
“Our ambition is to provide life science and healthcare companies with a unique combination of funding [up to £250,000], facilities, mentoring and support to fast track their development and success. We are selecting the most exciting pre-Series A companies from around the world, and bringing them to Cambridge, helping to solidify the region’s position as a leading global cluster.”
Start Codon plans to roll this initiative out to 50 start-ups over the next five years and take them beyond Series A rounds.
The initiative is interested in investing in disruptive technologies which have the potential to revolutionise healthcare, technologies supported by intellectual property and a focus on novel therapeutics, diagnostics, medtech and digital health.