The FAST (Fellows All-Star Team) Accelerator provides select entrepreneurs with intensive team review and coaching to perfect their business model, product development plans, and to build a compelling commercialization strategy. Experienced entrepreneurs, product and business experts (which may include clinical development, regulatory, reimbursement and business development specialists) will advise selected Fellows during a ten-to-twelve week program, culminating in a Final FAST Showcase to a broad audience that includes potential investors and partners.
Originating in the San Francisco Bay Area in Fall of 2013, FAST is currently expanding to Davis, California (FAST@Area 52) with a pilot in Spring 2017.
Since launch, FAST cycles have generated over 4500 advisory hours valued at over $1,00,000 for the 42 companies who have been through the program. Since participating in FAST, these companies have raised over $239 million and created 175 new jobs, more than doubling their workforce. Fourteen of these companies have secured Series A investments, 6 have concluded strategic partnerships and 3 have successfully exited.