HomeUSAAltitude Lab Launches Fellowship Grant for Entrepreneurs

Altitude Lab Launches Fellowship Grant for Entrepreneurs

Altitude Lab

Altitude Lab, a Salt Lake City, UT-based early stage life science and healthcare startup incubator, announced today the launch of the Chris and Summer Gibson Founder Fellowship, a funding opportunity to enable early-career scientists to launch their own startups.

The Founder Fellowship offers up to $100,000 in funding, scientific tools and laboratories, and monthly mentoring with Chris Gibson to two fellows each year.

Fellows must be within 12 months of finishing their training to qualify for the fellowship.

Applications are open now and close April 12, 2024. 

Founded by Recursion, Altitude aims to support startups and underrepresented entrepreneurs in Utah via fully equipped laboratories, a network of investors, business operations education, and a community of founders. Led by Chandana Haque, executive director, the incubator also announced that its startups raised over $120M in early-stage funding since commencing operations in 2020.

Currently located in Gateway’s BioHive Hub in Salt Lake City, Altitude Lab is part of a larger city plan and collaborative vision from Recursion to foster socially-responsible entrepreneurship, job creation, and economic productivity. The Recursion Foundation, under which Altitude Lab operates, is a 501(c)(3) nonprofit organization.

Recursion is a clinical stage TechBio company leading the space by decoding biology to industrialize drug discovery. Recursion OS is a platform built across diverse technologies that continuously expands one of the world’s largest proprietary biological and chemical datasets. Recursion leverages sophisticated machine-learning algorithms to distill from its dataset a collection of trillions of searchable relationships across biology and chemistry unconstrained by human bias.

Recursion is headquartered in Salt Lake City, where it is a founding member of BioHive, the Utah life sciences industry collective, and also has offices in Toronto, Montréal and the San Francisco Bay Area.

VCWire

24/01/2024