Path Forward
THIS EVENT WILL BE ONLINE AND IN-PERSON
Three bio founders who received government funding will share their path forward after grants were rescinded, delayed, and/or awarded at a percentage of original budget. They will join the panel with an accountant and a lawyer sharing insights on the current situation.
5:30-5:35 Welcome Mary Howard
5:35-5:45 Frank Franco, Audit Managing Director, KPMG: where are we, what to prepare for, biggest unknowns and timelines to watch
5:45-5:55 Legal overview: where are we, what to prepare for, biggest unknowns and timeline for resolution
5:55-6:05 Audience Questions
Founders share paths forward addressing role of federal funding in business model, challenges and paths forward, navigating back to fed'l support, today's plans
6:05-6:15 Andy Mahon: PhD Biosciences
6:15-6:25 Choukri Ben Mamoun Virtus and Curatix
6:25-6:35 Mark Roser, Motive Labs
6:35-6:45 Questions from Moderator
6:45-6:55 Questions from Audience
About FirstxFounder
FirstXFounder delivers three bioscience programs in the Metro NY Area: ELabNYC, Accelerator for Biosciences in CT, and Westchester County Biosciences Accelerator. ABCT, WCBA are free competitive entry programs initiated by the state of Connecticut and Westchester County.
30% of ABCT ventures have received SBIR/STTR awards. 17% of WCBA ventures have received SBIR/STTR awards. Collectively FxF alums have raised over $3B since 2011. Over 1,000 jobs have been created by alums in metro NY.
Over 245 mentors volunteer their time to help next generation bioscience venture leaders in their community.