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LifeLines by Biocom California
Biocom California
10 episodes
2 days ago
Candid one-on-one conversations with life science leaders in California and beyond.
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Life Sciences
Science
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All content for LifeLines by Biocom California is the property of Biocom California and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Candid one-on-one conversations with life science leaders in California and beyond.
Show more...
Life Sciences
Science
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Episode 8: Building a Collaborative Incubator Community for Orange County Biotech Startups
LifeLines by Biocom California
25 minutes 24 seconds
2 years ago
Episode 8: Building a Collaborative Incubator Community for Orange County Biotech Startups

Mention Orange County to the average person and images of Disneyland, Laguna Beach and high-end shopping malls may come to mind. Life science industry insiders know that beyond the county’s famous landmarks is a nascent biotechnology hub—more than 63,000 people there were employed by the sector last year, and the number of startups establishing roots in Orange County is growing. In 2020, biotech startups gained a new place to set up shop when University Lab Partners, the first wet lab incubator for biotech and medtech companies in the region, opened near the University of California, Irvine campus. Karin Koch, its executive director, calls it “the Four Seasons of incubators” and says it has helped 70 companies since opening. 

Karin says University Lab Partners’ approach—which was founded in partnership with UC Irvine’s Beall Applied Innovation—is an “all-inclusive concierge model” where startups receive support services in addition to access to labs: event planning, business counseling, networking, and finding a venue when they’re ready to graduate. For Karin, directing an incubator goes far beyond collecting rent—it’s about offering startup founders a sense of community and helping them on their journey. Having been one of the few women in an electrical engineering class while in college, she knows first-hand what it’s like to feel isolated. “Being a CEO or owner of a company, it's a very lonely place. Not a lot of people can relate to you,” she says. This is where incubators like University Lab Partners come in—they can connect founders with like-minded people who can serve as a sounding board and co-collaborator. “Part of the reason why I'm so impassioned about the work is so that women and underrepresented minorities in STEM really have this safe social network…ULP is focused on life sciences and there are severe disparities in STEM (and especially the life sciences) that we need to highly focus our efforts there.” 

Today, University Lab Partners has a second location in Aliso Viejo and houses a total of 42 companies that will hopefully stay in Orange County when they outgrow the incubator, as many previous tenants have. We hear more from Karin about the larger role (and responsibility) incubators play in a city’s economic development and the diversity of the STEM workforce, University Lab Partners’ involvement with an outreach program for high school students, and how a company’s graduation day can feel like a parent sending their child off to college. 

Learn more about Karin Koch and University Lab Partners. 

LifeLines  is produced by Biocom California, the leader and advocate for life science in California and beyond. To learn more about us, visit biocom.org or engage with us on Twitter and LinkedIn. For a transcript of this episode, you can download it here. Interested in becoming a member or joining us on this podcast? Email podcast@biocom.org. 

Host: Bob McGriff 
Executive Producer: Marie Tutko 
Senior Producer: Vincenzo Tarantino 
Associate Producer: Lauren Panetta 
Program & Research Coordinator: Katy Burgess 
Transcripts By: Jessica Schneider  
Senior Director of Marketing: Heather Ramsay 
Graphic Design By: Raquel Papike 

LifeLines by Biocom California
Candid one-on-one conversations with life science leaders in California and beyond.