The Biotech Startup Class of 2012: How many received SBIR/STTR awards?
- My initial question...
- ...spurred on by Luke.
- Some answers came back.
- And an answer to the original question via SBIR Source. SBIR Source is a good tool, if you haven't tried it.
- Indeed, five companies on the list have won awards. They each have raised significant amounts of additional capital.
- Two of the companies are based in California. None are based in Massachusetts. I note that because the below heat map of NIH SBIR/STTR awards by State shows Massachusetts to be the "hottest" spot.
- I wasn't surprised that none of the eight Boston-based companies on Luke's list didn't have SBIR/STTR funding. Boston is doing--or can do--deals, right? But then I thought more about the heat map. Certainly Massachusetts has it's fair share of academic/research institutions that can crank out life science technology to support SBIR/STTR proposals. Is there a correlation between the number of SBIR/STTR awards in Massachusetts and The Entrepreneurial Diaspora Enabled By Biotech M&A, particularly in the Boston MSA?In other words, is it more apt to happen that a PI will hook up with a recycled talented team?
Did you find this story interesting? Be the first to like or comment.