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turning Science into Startups
A San Francisco-based venture capital firm, Fifty Years,is helping scientists and engineers launch companies based on their research. Their 13-week accelerator program, 5050,addresses the unique challenges faced by academics transitioning to the world of startups,having already supported the launch of 100 businesses.
One success story is Cymbalist, founder of Clippership, a company currently building its first ship in the Netherlands. He credits the 5050 program with making his company possible. Other companies emerging from the program include Huminly, which creates infinitely recyclable clothing using enzymes, and Plasmidsaurus, a provider of rapid DNA sequencing services.
The Academic Founder Challenge
Fifty Years was founded a decade ago on the observation that promising scientific breakthroughs often remained confined to academic laboratories. “The transition from academic scientist to founder is actually much more arduous than the transition from sophomore dropout to founder, for
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