FAQs
Model
-
-
We don’t “host” projects or write essays for them — we build the company around the idea from day one. The university handles the science, we handle everything else.
-
Because they’re overlooked. The ideas are there — the structure isn’t. We make early talent investable.
-
It’s not to fund the whole project — it’s bait. It signals seriousness, attracts a PI, and helps students win the real grants that actually pay for the work.
-
In the PI’s university lab under their protocols. We don’t run labs ourselves; we plug into existing ones.
-
We look for three things: originality, feasibility, and follow-through. If the idea could plausibly earn external funding, we’ll back it.
-
We issue the microgrant, form the company, match the student with a PI, and help file the right paperwork — from IBC protocols to incorporation.
Operations
-
They act as sponsors and advisors — providing lab space, compliance coverage, and mentorship while students run their own work.
-
The university, as usual. Each project licenses that IP to the new company, where Control Group, the student, and PI hold equity.
-
The PI files and manages all protocols through their institution. We make sure every project sits safely inside that regulatory umbrella.
-
We manage the business side — grant submissions, IP, incorporation, budgeting — so students can focus on experiments.
-
They run in real labs, under real PIs, using real institutional infrastructure. We just make that accessible.
Funding
-
Control Group does, from our endowment. It’s our early-stage investment, designed to unlock bigger money later.
-
Two ways: we take 40–50% equity in every project, and we receive 5–10% of awarded grants through our SAM.gov registration.
-
It lets us appear on federal grants as a paid research partner. When a student wins a grant, a small subaward goes to us for infrastructure and oversight.
-
40–50%. Students get funding, a PI, and a legal path to own their idea — none of which exist without us. It’s high, but it’s fair for what we provide.
Legal & Structure
-
Every funded project becomes its own Delaware C-Corp or LLC at the time of the microgrant. Control Group is automatically listed as a shareholder.
-
The student founders, Control Group, and the PI. Universities don’t hold equity; they license the IP back to the company.
-
The university retains ownership, but the startup gets an exclusive license under standard tech-transfer terms. We’ve already run this structure successfully with Pitt.
-
Two: Control Group, Inc. (the main C-Corp that holds equity) and Control Group Labs, LLC (which issues grants and receives subawards).
-
None. All experiments happen under university supervision and compliance frameworks. We never touch the bench.
Growth & Vision
-
Easily. Each new city just needs a few good PIs, a microgrant pool, and local managers. The system replicates itself.
-
It’s cheap, dense with talent, and already home to Pitt, CMU, and UPMC. It’s the perfect testbed for a model like this.
-
Securing follow-on funding, publishing data, or forming a sustainable biotech company — any outcome that moves science forward.
-
A self-sustaining network of student-founded companies producing real discoveries — and real returns.
-
We’ll expand to other universities, starting with Boston. The long-term goal is a global network where undergraduates can build fundable biotech anywhere.