Jed Doyle is an intrapreneur. And yes, that's spelled
correctly. According to Doyle, an entrepreneur goes out
with a burning passion and idea and tries to build it into
a successful business. An intraprenuer, on the other hand,
works with entrepreneurs, shaping the vision, guiding the
team and making it happen.
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Among ChromBA's products is the UniTip, a pipette composed of 4,000 separate microcapillaries. The UniTip is used for rapid concentration and purification of small volumes of biological samples, enabling the company to extract and separate DNA faster and easier than existing technologies. |
This philosophy took hold at the very start of his career
while he was still attending Penn State. Doyle worked for
ASL, a small analytical chemistry company. He had the good
fortune to work very closely with the founder, where his
fresh perspective brought unexpected—and beneficial—insights into the business.
"I have a curious ignorance," he says. "I
don't always know you can't do something, so I go in with
fresh eyes. Sometimes it leads to new opportunities that
wouldn't have otherwise been pursued."
You Can Go Home Again
Now after many years away, Doyle is "back home again" in
State College as CEO of another startup company, ChromBA Inc. The
company has a technology platform that can extract and
separate DNA much faster and easier than current technologies.
In addition to being up to 300 percent more efficient, the process
requires fewer steps, reducing experimental error—key
proof points for scientists who are inventing new drugs
and diagnostic tests.
ChromBA technology can also be applied to things like
proteins, peptides and chemical warfare agents. "For
example, our technology can make it easier to see if our
soldiers have been exposed to something," Doyle says. "Basically,
my role is to be the intraprenuer to commercialize this
technology."
A Friend in Pennsylvania
Ben Franklin Technology Partners has invested $120,000
and hundreds of person-hours in ChromBA to aid development
and commercialization efforts.
"One of the best friends that startups have in Pennsylvania
is the Ben Franklin Technology Partners," Doyle says. "Capital
is very important, but Ben Franklin brings so much more
than that. They're a great sounding board and provide a
host of ongoing support and networking opportunities."
ChromBA is now five years old, and Doyle has been at the
helm for six months. The National Institutes of Health
is working with ChromBA's prototypes, and Doyle expects
the company's first product to hit the market by the second
quarter of next year. "We have established good proof
of principal," he says. "Now we have to take
it from prototype to product stage and get it to market."
The Road to State College
Doyle's road back to State College and ChromBA was paved
with learning and success. He left ASL to join another
analytical chemistry startup, Supelco. His initial responsibilities
included formalizing their technical support. "It
gave me a profound appreciation for customer need and
was very formative to my management style," he says.

“One of the best friends that startups have
in Pennsylvania is the Ben Franklin Technology Partners.”
—JED
DOYLE ,
CEO, CHROMBA INC.
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Five years into the role, he was asked to set up international
distribution in Switzerland, gaining more valuable experience
about the market, customers and his own leadership style.
A few years later, he helped the founders prepare the company
for the sale to Rohm & Haas (R&H), a Philadelphia-based
Fortune 500 company.
"I am a lifelong learner, and R&H was big into
training," he recalls. "They took us through
an intense period of process improvement, which really
fit my mentality." R&H held Supelco for six years
before selling to Sigma/Aldrich. For the second time, Doyle
was asked to help prepare the company for sale. When Sigma
acquired Supelco, they asked Doyle to lead the transition
as CEO, a role he held for three years.
Coming Full Circle
Doyle then took a position at Transgenomic, an early-stage
company in Omaha, Nebraska that he helped grow to $38
million in revenues. "My primary role was to clean
up manufacturing and develop applications, which is where
the R&H experience was invaluable," he recalls.
The result? Doyle helped transform the company into a
leader in molecular-based genetics, and the company went
through a $70 million IPO.
Doyle then set out to do some consulting, first in Oregon
and then as president of a consulting group in Virginia.
It was there that Allan Darr, a board member and early
investor in ChromBA, reached out to Doyle and asked him
to join the team as CEO. And so his career came full circle.
"I'm helping ChromBA to identify needs that exist
in the various marketplaces that are either unmet or underserved,"
Doyle says. "In many ways, it has been a perfect
journey back to State College."
From the December 2006 issue |