By Dennis Ford, Founder & CEO, LSN; Creator of RESI Series
Dr. William Kohlbrenner, CSO, LSN
The best way for aspiring entrepreneurs to achieve their financing goals is to understand what investors and partners want.
If you are an aspiring entrepreneur spinning out a new biomedical technology or launching a biotech startup, one of your first tasks is to understand the funding process and how to tackle it. Five years ago, the accepted investment path was to write a proposal for Small Business Innovation Research (SBIR) grants, hit up a list of friends and family and canvass the local regional angel groups for ‘seed’ funding. After this first wave of funding, the next money was expected to come from venture capital (VC) entities or through collaborations with partnering companies…