For the bold, for new biotech and climate startups, and for scientific mavericks: the path between a great idea and a great product is hard, and usually full of pitfalls. You have the idea, the science, and the energy, but you also have the problems that come next: high costs, onerous leases, lab space, and the pressure to cede IP or equity in order to start up.
This isn’t it.
The Problem: Innovation is Blocked
Imagine that you had funding for your startup. Let’s assume that you have a million, or 100 million, in early stage capital, and you now have to spend months, or years, and a significant portion of that capital just on the lab space. You’d have to pay for your lab, or pay for the lab you lease. You’d also have to pay for a lab manager (and a manager of the lab, or someone who does maintenance for you). You’d have to deal with your lab manager (and their manager, or the manager of that person’s lab, or the person who fixes the leak for you). You’d also pay for your lab’s utilities and other services, including lab waste and lab safety. You may have also paid upfront for a lab lease, or a significant upfront payment to the lab for lab use, or a lab lease with a high security deposit or lab deposit. You may have had to buy your own lab equipment and/or lab consumables and/or lab supplies or lab equipment. And so on.
And if you had to sign up for a year, or five years, or even longer, in a lab you were never going to see? You might have been forced to give away equity to the incubator. Or they might just ask you to sign over all your IP. And so on.
Dr. David Kiewlich experienced this himself. With twenty eight years in the biotech business under his belt, David has founded three startups. He found his own way through, and that path involved spending eighteen months finding a lab, or at least finding a lab that wouldn’t force him to pay equity to the lab space, or force him to sign over his IP.
The Solution: BADASS Labs
And that’s where BADASS Labs (Bay Area Disruptor And Startup Support Labs) comes in, as the number one nonprofit biotech incubator. Here at BADASS Labs, our coworking lab provides the ecosystem that allows scientists and scientific rebels, innovators, scientists, mavericks and disruptors to take a great idea from idea to great product, and everything in between. And BADASS Labs has all the things that startups and mavericks need in order to turn that dream into reality, including:
- No Equity Taken, No IP Claimed: Your science is yours. We’re not going to take equity or claim IP on your ideas. We don’t, ever.
- Our Nonprofit Status: We’re a 501(c)(3) nonprofit, period. That means all of our work, every product, every service, every cent goes back into the lab, and into the people we serve, and for the purpose of science.
- Unrestricted Lab Access: Lab work doesn’t fit the 9 to 5 model. Our fully-featured wet lab and world-class equipment are open for use 24 hours a day, 7 days a week, 365 days a year.
- Lab Lease with Minimal Terms: Our lab lease has the most generous terms in the lab industry. No long-term leases, and even if you do stay in the lab for longer, you can stay for longer. Just three-months minimum, and no forced exit, or exit from lab space.
- Flat-Fee Lab Leases: No surprises, and no variable pricing models. Your lab will be open for business when you get started, because that’s how we price it. The lease price includes a lab space that is fully staffed, and the price is what you get, flat rate, with all utilities, and everything, and lab waste, lab safety, lab services, and lab supplies, or lab equipment, included in the monthly lease price.
The Results
And the results are there for everyone to see: Our members’ success rate for commercializing science in our lab, and getting those results into the world, is 89 – 95%.
We know that’s better than the industry average of 10% for all biotech startups.
And that’s how we’re going to help you do it too. It’s not a fluke, it’s the result of dismantling barriers to entry by providing a nurturing environment. Together we’ve raised $900 million+ while pioneering in areas such as:
- Biotech: Cell therapies, gene therapy platforms, oncology, AAV manufacturing, etc.
- Climate Tech: Battery materials, biofuels, carbon capture, bio-manufacturing, etc.
Succeed or learn, there is no fail. Our approach is all about collaboration with a community of like-minded people, giving our entrepreneurs the runway, resources, and community of founders, scientists, and investors, so you can succeed – pre-seed to Series B.
Ready to Change the World? Join us now. If you are an early stage biotech or climate tech founder or scientist who wants to turn your idea into entrepreneurship and don’t like the system that’s currently in place, we are not trying to extract value from you we are trying to empower you to do the work!
Ready to join BADASS Labs? Contact us to schedule a tour of our Alameda facilities, get to know our community of fearless innovators or apply to get your own lab space here.
Common Questions About BADASS Labs
Q: Why do you think that we have a success rate of 10x+ higher than the industry average? A: Because we remove the biggest barriers to early stage startup success: by charging zero equity, taking no IP, offering 24/7 access to lab equipment, flexible contract terms, & flat fee pricing, founders & scientists are able to focus on doing what they do best: science & business development.
Q: What else does BADASS Labs offer besides wet lab space? A: We provide full support services that are included in the flat fee pricing. This includes providing access to a community of scientific rebels, social networking opportunities, mentorship, introductions to key strategic partners and funding guidance. Because lifting all of the boats is what we’re all about.
Q: Is BADASS Labs for only biotech companies? A: BADASS Labs is rooted in biotech (cell therapies, gene therapy, oncology, AAV manufacturing) & is also at the forefront as a climate tech incubator supporting startups in battery materials, biofuels, carbon capture & advanced bio-manufacturing. Science can do more and we need scientists to do it!
Q: What is the minimum length of time at BADASS Labs? Is there a forced graduation period? A: We want our member companies to stay with us as long as it takes to be successful. With flexible terms, & a minimum three month commitment, there is no forced graduation period.
Q: Where are your labs? A: We have two labs in Alameda, CA right now that are perfect for wet lab rental and office space! We are also opening a new site in Salt Lake City, Utah very soon to better reach our fearless bio innovators.