http://www.the-scientist.com/?articles.view/articleNo/27680/...
http://www.xconomy.com/seattle/2009/02/06/sticking-it-to-the...
Also nowadays there are biotech incubators with all the basic equipment where you can rent a bench for around $2k/month.
http://www.nature.com/nm/journal/v19/n12/full/nm1213-1556.ht... [Paywall]