We invest in the biodevices industry and have two programs of funding:
Technology Advancement Program(TAP) - Up to $100,000 The TAP program is for late stage research that has progressed to a point where a potential commercial product can be envisioned, but additional development efforts are required to confirm or validate the initial discovery and commercial potential. Late-stage research projects that require proof-of-concept, validation and prototype development are examples of projects eligible for TAP funding.
New Venture Development Program(NVDP) - Up to $300,000 NVDP funding is directed more toward the creation and development of new companies that create new jobs, as well as companies that have graduated from the TAP program with significant commercialization potential. This type of funding can be used to attract additional capital by increasing the value of early-stage technologies. The NVDP can provide assistance with company launch, management team formation, identification of capital and facilities, and mentorship for the entrepreneur.
BioAccel's expectation for its investment is to stimulate economic development by the creation of new jobs in the state of Arizona.
BioAccel Invests In These Industries
BioAccel Invests In Companies That Have Reached The Following Milestones
Concept Only - Full Product Ready
Concept OnlyProduct In DevelopmentPrototype ReadyFull Product Ready$500K in Trailing 12 Mo. Revenue$1M in Trailing 12 Mo. Revenue$3M in Trailing 12 Mo. Revenue$5M in Trailing 12 Mo. Revenue$10M in Trailing 12 Mo. Revenue$20M in Trailing 12 Mo. Revenue$50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. RevenueMore than $50M in Trailing 12 Mo. Revenue ►◄ Concept Only
BioAccel Invests In Companies With These Funding Needs
Pre-money Valuation: $0 - - Not Entered
Capital Seeking: $1 - $300,000
Previously Raised: - Not Entered
BioAccel Expects Their Investments To Generate
BioAccel Investment Portfolio
Deal Funnel - Last 12 Months
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