Biotech start-ups successfully graduate from DATA accelerator programme at Stevenage Bioscience Catalyst

15 start-ups with huge potential have successfully completed the Data-driven Advanced Therapeutics Accelerator (DATA) programme at Stevenage Bioscience Catalyst (SBC), one of Europe’s most important science parks for life sciences. The course was tailored to give data-focused biotech start-ups the skills they need to get potential new drugs and therapies to market more quickly. It was supported by SBC’s community of biotech leaders who shared their expertise through this unique programme focused on the intersection of data analytics and drug discovery.

The programme was launched to seek out and nurture start-up companies working to discover new drugs. Following a rigorous selection process, the chosen 15 kicked off with a week-long boot camp, followed by an 18-week programme of mentoring, networking and training to boost their skills.

The participants were able to build their general business skills in intellectual property, finance, contract negotiation and raising investment. In addition to this, they gained specialist skills directly related to the sector including structuring deals, running clinical trials and accessing and securing data. By providing bespoke introductions to specialist investors and contacts in biopharma organisations the programme further helped the participants to expand their networks.

The participants will now be part of an alumni network where they will receive post acceleration support and continue their development journey.

Ajay Mistry, PhD, founder and CEO of Oppilotech Ltd, said, “SBC’s DATA accelerator programme has been really supportive. It has enabled us to expand our network and there has been an excellent range of speakers from lawyers to investors, providing useful insights and top tips. We have already established working relationships with the contacts that we made through the programme. The team has done an excellent job and provided a programme that has been genuinely helpful – all at zero cost.”

The culmination of the programme was a demo day which gave the start-ups exclusive access to specialist investors and pharmaceutical experts.

Dr Sally Ann Forsyth OBE, CEO at SBC, said, “Congratulations to the 2021 cohort – one of which has been acquired already! The DATA accelerator demo day was a superb event with more than 50 people attending, two thirds of which were investors. It is so exciting to see young companies with such fantastic ideas, expertise and potential engaging with investors. At SBC, we are committed to enabling life science companies to connect, grow and succeed at every stage of their development, and we are looking forward to watching them as they move to the next level.”

Noor Shaker, CEO and Founder of Glamorous AI, commented, “Before being acquired by X-Chem, Glamorous AI took part in SBC’s DATA accelerator programme. Through the programme we have been able to expand our network and attend expert talks by thought leaders in the pharma and biotech industry.”

Fiona Nielsen, Chief Operations Officer at o2h Technology, said, “As a data entrepreneur myself, and looking from the perspective of o2h Ventures, I can say that I was really impressed with the quality of the companies taking part in SBC’s DATA programme. The application of data analytics to drug discovery is a fast-paced growth area and it’s fantastic to see SBC taking the lead in nurturing the next generation of start-ups at the cutting edge of drug discovery. Our team at o2h has really enjoyed supporting the programme and seeing these companies grow and thrive.”

Dr Hugo Villanueva, Innovation and Business Development Director at SBC, said, “We are absolutely delighted that the DATA accelerator programme has been so well received. We have had tremendous support from our wider community and would like to thank everyone involved for their expertise and for providing access to their networks which have opened doors for these 15 talented start-ups.”

To find out more about SBC’s DATA accelerator programme and the 2021 cohort, visit https://www.stevenagecatalyst.com/data/