The Center for Advancing Innovation (CAI) has been a key part of NanoRed’s early success. Science is about people; a concept that is at the core of NanoRed and one that is shared by CAI. Through our experience with CAI, we built a team that is committed to transforming cancer treatment options. CAI provided the mentoring and the framework necessary to help us identify an opportunity that could make a real difference in the clinic. The Nanotechnology Startup Challenge in Cancer (NSCSquared) truly is one-of-a-kind. It represents an enormous investment in terms of time and effort by the competition organizers to teach us and to hone our business skills, for which we are incredibly grateful. Because of CAI, we developed a deeper and broader network of mentors to help us drive our program forward. Our enthusiasm was mirrored by the mentors that NSCSquared helped us to connect with; the mentors and the network that NSCSquared helped us to build and to put in place have been invaluable. On a personal level, our participation in the Nanotechnology Startup Challenge has been more than rewarding- it was an opportunity for many of us, as scientists, to better appreciate how business and science interact to deliver solutions. In addition to better appreciating the logistics of building a startup, from financial modeling to the work that it takes to build a solid, multi-disciplinary team, the Challenge instilled in us the belief that entrepreneurship isn’t something that is reserved for business students and MBAs; now, more than ever, entrepreneurial approaches to science are needed to build a better future.
NSCSquared pushed our organizational potential with tight timetables, and assignments that challenged us to think hard about what our business model could and should be. Though the work was challenging, it was rewarding and helped to equip us and make us ready to face the next challenge: launching a startup with the team that we have in place and take us to the finish line which would be clinical trials of a new technology that we believe will make a difference in the lives of cancer patients.
NSCSquared pushed our organizational potential with tight timetables, and assignments that challenged us to think hard about what our business model could and should be. Though the work was challenging, it was rewarding and helped to equip us and make us ready to face the next challenge: launching a startup with the team that we have in place and take us to the finish line which would be clinical trials of a new technology that we believe will make a difference in the lives of cancer patients.
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