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 Sector

Agriculture & Food, Healthcare & Life Sciences

Target Location

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