UK companies invited to apply to intensive growth programme with leading mentors
Discovery Park, the Life Sciences Opportunity Zone for ambitious and growing life sciences companies, is pleased to announce the launch of its first Reactor programme to drive the development of life sciences firms in the UK. With high profile mentors such as such as Isabel Fox, General Partner of Outsized Ventures, Non-Executive Director and Trustee Jo Pisani and Dr Claire Thompson of Agility Life Sciences, the eight-week development programme will enable companies to analyse their businesses and position them for growth. Delivered as two half-day sessions per week, the Reactor will be free of charge for successful applicants and is based on the Triple Chasm Company’s1 approach for commercialising innovation.
The Discovery Park Reactor is suitable for enterprises at all stages, from entrepreneurs with start-ups to growth and more mature firms. Its data-driven approach will allow companies to better understand their individual priorities and needs, and how to allocate resources. Equating to around £15,000 of consultancy per team, the programme includes support from leading life sciences mentors, more of whom will be announced soon. Applications open today, July 21, and those interested can find out more about the programme by joining a short webinar2 on Tuesday July 27 2021 at 12 noon BST.
Other advantages to joining the programme include access to the some of the Triple Chasm analysis tools for a year and membership of Discovery Park’s community, including access to business services. The Triple Chasm Company’s approach combines the understanding of the three ‘chasms’, or stages where business development stalls, with analysis of a company’s technology and commercialisation readiness level and 12 vectors which drive growth. It is supported by data from thousands of high-growth companies across the world.
Mayer Schreiber, CEO of Discovery Park, said, ‘The Reactor programme is a central plank of our Innovation strategy, driving Discovery Park’s development into a hub for translation of life sciences research. It complements our other innovation-related activities such as the opening of our new Incubator facility in the middle of 2022. We are looking forward to helping a range of exciting companies accelerate towards their goals, working in partnership with the Triple Chasm Company and the scheme’s excellent mentors.’