Venture Fellows: Third Element Bio and UCSD Sullivan Center

Location: San Diego, CA Experience Type: Research Opportunities

Third Element Bio

Third Element Bio is developing a clinically differentiated therapeutic to treat Alzheimer’s, with an initial
focus on those with Down syndrome. The company is selectively targeting key pathways in microglia, the
immune system the brain. Chronic inflammation is a key driver of neurodegenerative disorders and the
company’s technology control inflammation to slow cognitive decline.


Applications as a Team are favored. However, solo applicants are also very welcome – if you are accepted,
you’ll be assigned to a Team.

Scope and Deliverables

The Student Team will work with previously generated financials and focus, with the Founder and the Mentor,
on creating draft pro-forma financials for the company. The material will be developed in Excel or Google
Sheets and delivered to the Center and the company. Income Statement, Cash Flow, and Balance Sheet.

The Team will be required to be available for a group photo. The Team may also be required to provide input
on the project to the Center’s Executive Director.


The project will take 7-10 weeks. If necessary, the Student Venture Fellows must be able to work on the project
into the early weeks of Spring quarter.


• The Fellows will work diligently and professionally with the Institute’s Executive Director, the Science Lead, and Mentor. The Fellow(s) will meet for ~90 minutes for a kick-off meeting with the leadership team and others relevant to the project.
• The Team is expected to work independently and meet with the Founders and Mentor for approximately 60-75 minutes once a week for the project duration to report on progress and discuss any questions or issues. The Team may also be required to meet on a more regular basis.
• The Fellows must be comfortable with self-learning and exploring areas with which you may not be familiar. Fellows are responsible for learning what is necessary to provide the deliverables.
• The Fellows should be comfortable working as a Team with people you don’t know. The Team is expected to communicate effectively, to develop a work plan, to agree on the distribution of tasks, etc. Fellows are expected to work in a highly respectful and collaborative manner.
• The Fellows must be comfortable with being accountable for your deliverables with high quality and with discussing any challenges you may have in accomplishing your tasks.
• The Student Team is expected to work collaboratively with the Founder, Mentor, and among each other.
• Toward the project’s conclusion, the Student Team will meet with the Founders, the Mentor, and the Center’s Executive Director for a 90-minute discussion of the Team’s findings. The entire team, including the Founder and Mentor, will be available for a photo.

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Contact Tim Schwartz with any questions:

University Sponsor

UCSD Sullivan Center for Entrepreneurship

Experience Information

Third Element Bio
Apply By
Jan 19, 2024
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