HomeUSAFirst Bight Ventures-Founded Accelerator Adds New Executive Director to its Management Team

First Bight Ventures-Founded Accelerator Adds New Executive Director to its Management Team

Life sciences

BioWell, a Houston, TX-based nonprofit accelerator aimed at early-stage synthetic biology startups and the advancement of the bioeconomy, which was founded by Houston-based venture capital group First Bight Ventures, appointed Paul Palmer as Executive Director.

Palmer is a former Partner at EY, whose tenure included international cross-border tax planning, business development, assurance, and business consulting. While at EY, he also worked with startups across various sectors, most recently with the Rice Alliance for Technology and Entrepreneurship and Texas Medical Center Innovation (TMCi).

In this role, Palmer will lead BioWell’s vision of creating an ecosystem that provides hands-on business education, industry mentorship, research, and pilot infrastructure. He will be tasked with fundraising for the accelerator through both private and public sponsorships and government grant opportunities. Palmer will also play a key role in recruiting the first cohort of startups and working to secure physical lab space in the coming months.

Led by First Bight Ventures & BioWell Founder Veronica Wu, BioWell was recently awarded more than $700K by the U.S. Dept. of Commerce’s “Build to Scale” program, which will help accelerate the commercialization and scaling of bioindustrial startups.

More about BioWell First Bight Ventures can be found at  and . 

SOURCE First Bight Ventures