Swoosh!

Park tenants get an insurance check-up

The biotechnology industry is a very specialized industry and early stage companies within this sector must address unique insurance issues. Amy Kendall of Chubb Insurance educated a group of local entrepreneurs, scientists and industry affiliates on the insurance needs of start-up biosciences companies at April’s “Brown Bag” luncheon. The luncheon was organized by the Virginia Biosciences Development Center and sponsored by Chubb Insurance.

About VBDC

The VBDC, located at the Virginia BioTechnology Research Park, provides business assistance to start-up companies located in the park’s incubator facility. In less than three years, the VBDC has emerged as a major contributor to the growth of early stage life science technology businesses in the Richmond area. VBDC staff have counseled more than 23 start-ups and helped to launch eight of them. Since its inception, VBDC has secured cash and/or in-kind commitments, grants and contracts exceeding $750,000 for the benefit of growing the life sciences industry in the region.

Contact:

Courtney L. Skunda
Virginia BioTechnology Research Park
Phone: (804) 827-2137
E-mail: cskunda@vabiotech.com
Web site: http://www.vabiotech.com