{"id":99793,"date":"2024-09-21T17:30:27","date_gmt":"2024-09-21T21:30:27","guid":{"rendered":"https:\/\/www.bumc.bu.edu\/gms\/?page_id=99793"},"modified":"2026-01-16T17:38:20","modified_gmt":"2026-01-16T22:38:20","slug":"entrepreneurship","status":"publish","type":"page","link":"https:\/\/www.bumc.bu.edu\/gms\/students\/professional-development\/career-exploration-transition\/entrepreneurship\/","title":{"rendered":"Entrepreneurship"},"content":{"rendered":"<h3><strong>Introductory Resources<\/strong><\/h3>\n<ul>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=dlJcVFrBVVo\" target=\"_blank\" rel=\"noopener noreferrer\">From a PhD in Microbiology to Entrepreneur\/StartUp CEO<\/a>, 10-min video.<\/li>\n<li><a href=\"https:\/\/www.science.org\/content\/article\/day-life-science-gaming-entrepreneur\" target=\"_blank\" rel=\"noopener noreferrer\">A day in the life of a science gaming entrepreneur<\/a>, Science Careers.<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=8hyVpCYJ2cM\" target=\"_blank\" rel=\"noopener noreferrer\">How a PhD turned his research into a thriving online business<\/a>, 30-min video.<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/watch?v=47lk9L714u4\" target=\"_blank\" rel=\"noopener noreferrer\">How a side project became a book &#8211; a different type of entrepreneurship<\/a>, After your PhD YouTube channel.<\/li>\n<li><a href=\"https:\/\/blog.benchsci.com\/entrepreneurship-as-an-alternative-career-for-phds-in-life-sciences-part-1\" target=\"_blank\" rel=\"noopener noreferrer\">From a PhD to an idea to becoming an entrepreneur, a step-by-step guide<\/a>.<\/li>\n<\/ul>\n<h3><strong>Venturing further in this career area<\/strong><\/h3>\n<ul>\n<li><a href=\"https:\/\/imagine.jhu.edu\/dlds-resources\/dlds-resources-entrepreneurship-a-career-path-for-phds-and-postdocsdlds-resources\/\" target=\"_blank\" rel=\"noopener noreferrer\">The pros and cons of entrepreneurship and resources to become an entrepreneur<\/a>, JHU.<\/li>\n<li><a href=\"https:\/\/phdcareerstories.com\/entrepreneurship\" target=\"_blank\" rel=\"noopener noreferrer\">Career stories of PhD graduates who transitioned into entrepreneurship, business development, etc.<\/a>, PhD Career Stories.<\/li>\n<li><a href=\"https:\/\/probablygood.org\/career-profiles\/nonprofit-entrepreneurship\/\" target=\"_blank\" rel=\"noopener noreferrer\">Wondering whether non-profit entrepreneurship would be a good fit?<\/a>, Probably Good.<\/li>\n<li><a href=\"https:\/\/doi.org\/10.1016\/j.tibtech.2023.06.011\" target=\"_blank\" rel=\"noopener noreferrer\">The winding journey of biotech capital raising: deciphering the jargon<\/a>, N. Frame et al., 2023.<\/li>\n<li><a href=\"https:\/\/bostonuniversity.candidcareer.com\/videos\/?cc_occupation=Entrepreneurship\" target=\"_blank\" rel=\"noopener noreferrer\">Repository of short entrepreneur video interviews<\/a>, Candid Career.<\/li>\n<li><a href=\"https:\/\/techcrunch.com\/2025\/07\/22\/three-things-veteran-planetary-health-investors-look-for-in-a-startup\/\" target=\"_blank\" rel=\"noopener noreferrer\">Three things veteran planetary health investors look for in a startup<\/a>, TechCrunch.<\/li>\n<li><a href=\"https:\/\/www.hiddenrivergroup.com\/newsletter\/beyond-venture-capital\" target=\"_blank\" rel=\"noopener\">Beyond Venture Capital: Exploring the Power of Non-Traditional Partnerships<\/a>, Hidden River Group &#8211; startup funding beyond venture capital funding.<\/li>\n<li>Building your team and seeking ways to motivate and engage teammates in the growth of your organization is crucial &#8211; a lot of online courses are available on these topics, like <a href=\"https:\/\/www.coursera.org\/learn\/managing-talent\" target=\"_blank\" rel=\"noopener noreferrer\">Managing Talent<\/a>.<\/li>\n<\/ul>\n<h3><strong>Learning by doing job-related tasks<\/strong><\/h3>\n<p>Job Simulations are job-related tasks that can be completed in a few hours, to help you assess how enjoyable and how much of a good fit a specific job could be for you. <a href=\"https:\/\/intersectjobsims.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Intersect Job Simulations<\/a> have been created by PhDs for PhDs, to support their career transitions into a wide range of careers. To make the most of job simulations, please set up <a href=\"https:\/\/intersectjobsims.com\/smart\/\" target=\"_blank\" rel=\"noopener noreferrer\">SMART Goals<\/a> to perform each simulation in a reasonable timeline. When you have completed the task, fill out the <a href=\"https:\/\/intersectjobsims.com\/reflection\/\" target=\"_blank\" rel=\"noopener noreferrer\">Self-Reflection Sheet<\/a>, which will help you reflect on what you enjoyed (or did not enjoy) about the simulation, and how it can help inform your career exploration efforts.<\/p>\n<ul>\n<li><a href=\"https:\/\/intersectjobsims.com\/humanities-simulations\/humanities-entrepreneurship-marketinsight\/\" target=\"_blank\" rel=\"noopener noreferrer\">Market Insight Job Simulation<\/a>.<\/li>\n<li><a href=\"https:\/\/intersectjobsims.com\/entrepreneurship-write-your-first-book\/\" target=\"_blank\" rel=\"noopener noreferrer\">Write your first book &#8211; Job Simulation<\/a>.<\/li>\n<li><a href=\"https:\/\/intersectjobsims.com\/humanities-simulations\/userexp-research\/\" target=\"_blank\" rel=\"noopener noreferrer\">User Experience Research &#8211; Job Simulation<\/a>.<\/li>\n<li><a href=\"https:\/\/intersectjobsims.com\/humanities-simulations\/research-a-commercial-product\/\" target=\"_blank\" rel=\"noopener noreferrer\">Research a Commercial Product &#8211; Job Simulation<\/a>.<\/li>\n<li><a href=\"https:\/\/www.theforage.com\/simulations\/moreton-bay-regional-council\/entrepreneurship-innovation-rqee\" target=\"_blank\" rel=\"noopener noreferrer\">Entrepreneurship and innovation virtual simulation<\/a> with the City of Moreton Bay.<\/li>\n<li><a href=\"https:\/\/www.theforage.com\/simulations\/bcg\/x-ventures-lbvf\" target=\"_blank\" rel=\"noopener noreferrer\">Venture and Business Builds virtual simulation<\/a> with BCG.<\/li>\n<\/ul>\n<h3><strong>Preparing your transition into this career area<br \/>\n<\/strong><\/h3>\n<ul>\n<li>Explore and connect with BU support:\n<ul>\n<li><a href=\"https:\/\/www.bu.edu\/research\/entrepreneurship\/\" target=\"_blank\" rel=\"noopener\">Entrepreneurship office<\/a> at Boston University &#8211; supports entrepreneurial researchers and innovators dedicated to creating commercial opportunity for their technologies via new ventures.<\/li>\n<li><a href=\"https:\/\/www.bu.edu\/innovate\/about\/\" target=\"_blank\" rel=\"noopener noreferrer\">Innovate@BU<\/a> supports graduate students in their entrepreneurial projects.<\/li>\n<li>EPIC &#8211; <a href=\"https:\/\/www.bu.edu\/epic\/\" target=\"_blank\" rel=\"noopener noreferrer\">Engineering Product Innovation Center at BU<\/a>.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Some organizations started offering fellowships to support advanced degree holders in venture creation, like the 5AM Fellowship from <a href=\"https:\/\/5amventures.com\/2026\/\" target=\"_blank\" rel=\"noopener\">5AM Ventures<\/a> in Boston. Others, like Insight Partners Bio or the <a href=\"https:\/\/www.2048.vc\/blog\/fellowship\" target=\"_blank\" rel=\"noopener\">2048 Ventures Fellowship<\/a>, can enable you to work on part-time projects with funders and investors, thus learning about the startup ecosystem.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Look for and join relevant thematic groups on LinkedIn, online and local communities, like:\n<ul>\n<li><a href=\"https:\/\/ilsebio.com\/about-us\/\" target=\"_blank\" rel=\"noopener noreferrer\">ILSE Bio<\/a> (Institute for Life Science Entrepreneurship) &#8211; provides a <a href=\"https:\/\/etp.ilsebio.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">13-week Entrepreneur Training Program for life scientists<\/a>.<\/li>\n<li><a href=\"https:\/\/www.theincubator.bio\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Incubator, Harvard Biotech Club<\/a> &#8211; teaches students and fellows the key concepts of biotechnology and drug development, while working with companies and faculty to take ideas from inception to commercialization.<\/li>\n<li><a href=\"https:\/\/www.labcentral.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Lab Central<\/a> &#8211; Community lab space for biotech startups in Cambridge, MA.<\/li>\n<li><a href=\"https:\/\/launchbio.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">LaunchBio<\/a> &#8211; National network of life science innovators.<\/li>\n<li><a href=\"https:\/\/www.massbio.org\/drive\/\" target=\"_blank\" rel=\"noopener noreferrer\">MassBio Drive<\/a> &#8211; Innovation accelerator.<\/li>\n<li><a href=\"https:\/\/www.masslifesciences.com\/resources\/incubators\/\" target=\"_blank\" rel=\"noopener noreferrer\">MassLifeSciences<\/a> &#8211; resources and incubators for Massachusetts entrepreneurs.<\/li>\n<li><a href=\"https:\/\/massincubators.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">MassIncubators<\/a>.<\/li>\n<li><a href=\"https:\/\/nucleate.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Nucleate<\/a> is a student-led organization that provides elevator pitch workshops and competitions for entrepreneurs.<\/li>\n<li><a href=\"https:\/\/scifounders.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">SciFounders<\/a> (Offers a fellowship to support founders &#8211; SciFounders&#8217; founders, Matt, Lucas, and Alex are scientists and company operators themselves (they started and are running Mammoth Bio &#8211; CRISPR Therapeutics, and Conception Bio &#8211; stem cell to egg) and want to help more technical founders who are working on important technologies. The easiest way to reach out is via hello@scifounders.com or to subscribe to their mailing list.)<\/li>\n<li><a href=\"https:\/\/www.startupbos.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">StartUp Boston<\/a> &#8211; volunteer-based startup community, events, and resources (like <a href=\"https:\/\/sbw2024.startupbos.org\/talks\/show-me-the-money-decoding-startup-funding\/\" target=\"_blank\" rel=\"noopener noreferrer\">StartUp Boston Week &#8211; Decoding Startup Funding<\/a>).<\/li>\n<li><a href=\"https:\/\/bostonenet.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Boston Entrepreneurs&#8217; Network<\/a>.<\/li>\n<li>Look for centers of innovation, like the <a href=\"https:\/\/www.jbs.cam.ac.uk\/faculty-research\/centres\/social-innovation\/\" target=\"_blank\" rel=\"noopener noreferrer\">University of Cambridge Center for Social Innovation<\/a>, who share similar interests with you and could enable you to find collaborators, mentors, financial support, etc.<\/li>\n<li><a href=\"https:\/\/www.youtube.com\/@LabiotechEu\" target=\"_blank\" rel=\"noopener noreferrer\">Labiotech.eu<\/a> &#8211; YouTube channel dedicated to Biotechs in Europe and advice for entrepreneurs.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<ul>\n<li>Growing your network and <a href=\"https:\/\/intersectjobsims.com\/infointerviewguide\/\" target=\"_blank\" rel=\"noopener noreferrer\">having informational interviews<\/a> with PhDs who have transitioned into careers of interest to you will enable you to learn more about the job&#8217;s daily responsibilities, hiring process, career progression, etc., and the sector as a whole.\n<ul>\n<li>Look for <a href=\"https:\/\/www.bumc.bu.edu\/gms\/students\/professional-life\/advising-mentoring\/alumni-mentoring\/\" target=\"_blank\" rel=\"noopener noreferrer\">GMS Alumni<\/a> on the GMS website and LinkedIn, who have become or are supporting entrepreneurs.<\/li>\n<li>The Social Scientist enables early-career scientists to receive mentorship from folks who have transitioned into various careers &#8211; <a href=\"https:\/\/www.thesocialscientist.org\/industry-mentors\" target=\"_blank\" rel=\"noopener noreferrer\">connect with industry mentors<\/a> (scientists, founders, product managers, etc.).<\/li>\n<li>Seek relevant startup, VC (Venture Capital), Pharma CVC, etc. events and networking events on <a href=\"https:\/\/www.eventbrite.com\/d\/ma--boston\/venture-capital-life-science\/\" target=\"_blank\" rel=\"noopener noreferrer\">eventbrite<\/a>, <a href=\"https:\/\/lu.ma\/boston\" target=\"_blank\" rel=\"noopener noreferrer\">lu.ma<\/a>, and other event platforms, to meet with potential mentors and funders. Keep track of the people you meet and their specialty (for example in a spreadsheet), in order to reach back out to them when the right opportunity\/time comes.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Introductory Resources From a PhD in Microbiology to Entrepreneur\/StartUp CEO, 10-min video. A day in the life of a science gaming entrepreneur, Science Careers. How a PhD turned his research into a thriving online business, 30-min video. How a side project became a book &#8211; a different type of entrepreneurship, After your PhD YouTube channel. [&hellip;]<\/p>\n","protected":false},"author":20577,"featured_media":0,"parent":99331,"menu_order":9,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/pages\/99793"}],"collection":[{"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/users\/20577"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/comments?post=99793"}],"version-history":[{"count":15,"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/pages\/99793\/revisions"}],"predecessor-version":[{"id":106190,"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/pages\/99793\/revisions\/106190"}],"up":[{"embeddable":true,"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/pages\/99331"}],"wp:attachment":[{"href":"https:\/\/www.bumc.bu.edu\/gms\/wp-json\/wp\/v2\/media?parent=99793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}