BioLeap Gen4

About

A free 26-week life-sciences incubator for early-stage teams in Puerto Rico that combines a 12-week business curriculum, 14 weeks of technical assistance, mentorship, laboratory and coworking access, and investor connections.

Benefits

• 🎓12-Week Curriculum
  Instruction on the intricacies of conducting business and specialized mentorship with industry experts
• 🛠️ 14-Week Technical Assistance
  Open-office-hours support covering finance, operations, grant writing, marketing and communications
• 🏢Coworking Access
  Access to parallel18’s coworking space
• 🔬Laboratory Access
  The Confluence Center, a fully equipped laboratory in the Forward Building at Science City
• 💰Capital Access
  Access to parallel18 Ventures and the Matching Fund, plus opportunities to pitch to venture capitalists, angel investors and corporate partners; no funding amount is guaranteed by the cited sources
• 🤝Ecosystem Connections
  Connections to parallel18’s pre18, P18 and Xpand programs and PRSTRT resources including the Technology Transfer Office, Grants Program, SBIR/STTR and Colmena66
• 🎤Showcase
  Startups present progress to a panel of investors and industry leaders at the end of the 12-week curriculum

Eligibility Criteria

• Prototype Requirement
• Mandatory requirement that the project has a novel and functional prototype, proof of concept (experimental), or platform technology in the Life Sciences field
• Team Capability
• Mandatory requirement that individuals demonstrate experience and capacity to successfully develop a product or service toward advanced phases
• Citizenship and Location
• Mandatory requirement that applicants are U.S. citizens or permanent residents who anticipate sustaining an ongoing research and development effort in Puerto Rico
• Stage
• Mandatory requirement that the project is beyond ideation stage, since ideation-stage projects do not meet the program’s criteria

Participation Commitments

• 26-Week Program Commitment
• 12-week curriculum followed by 14-week technical assistance
• Hybrid Attendance
• Sessions are held online, with some in-person activities that require attendance
• No Participation Fee
• Services are offered at no cost and there is no application fee
• IP Ownership
• The program does not take ownership of intellectual property, and all IP developed by the company remains solely the company’s

Target Region

Applicants must be U.S. citizens or permanent residents and anticipate sustaining ongoing research and development efforts in Puerto Rico.

Target Sector

Agriculture & Food, Healthcare & Life Sciences