BioCity business accelerator programmes are held exclusively at BioCity Group campuses throughout the UK, home to 200+ of the most innovative life-science companies.
The BioCity business accelerator backs promising ventures with investments and equity loans. From early stage convertible loans to help developing businesses get off the ground, to equity investment for more established companies who need to grow, while accelerator graduates can access crucial funding via the dedicated BioCity Group investment fund.
The unique tools of the BioCity business accelerator support innovation, growth and success for med-tech life sciences and accelerating businesses, regardless of company age, experience or time commitments.
To date, our accelerator alumni range from technology inventors, industrial scientists and students with just the spark of an idea, to university spin outs and established companies developing new products and services or looking to change core strategies.
The BioCity business accelerator programme features three distinct stages, each designed to specifically support ventures at every stage (SPARK, DEVELOP and LAUNCH) ; winners enjoy free accommodation and one-to-one coaching at a BioCity campus with investment available for the most promising opportunities.
If you have a business or idea you wish to explore, and are interested in applying to the DEVELOP Programme, our SPARK Workshops are the perfect place to start.
These are free to attend and designed to bring together scientists, technologists, entrepreneurs and professionals to explore the commercial viability of their ideas.
Over the course of the workshop, you will learn the ‘lean start-up’ and customer discovery methodology to create scalable opportunities for investment.
The workshop also provides an opportunity to informally discuss your idea or business with BioCity coaches, mentors and members of our investment team.
DEVELOP is a 6-week long programme, a combination of group workshops and 1 to 1 coaching with a limited number of companies on the programme at one time. The application process is competitive and companies will be offered a place based on their suitability for the programme.
The DEVELOP programme is highly practical. It is not a theoretical course of lectures, but based around the Lean Start Up methodology and utilises a set of highly effective tools and processes specifically tailored to the healthcare and life sciences industry. Our goal, is to help you discover a profitable, scalable and repeatable business model for your company. This will allow you to build a company with substantially less money and in a shorter amount of time than using traditional methods.
The very best DEVELOP opportunities will be invited to progress directly to Stage 2 – LAUNCH programme, for investment preparation. Those that show promise but require further work may be eligible for some immediate funding (up to £50k as a convertible loan) to help them reach the level from which they can progress to LAUNCH.
LAUNCH is a bespoke programme run across all BioCity and MediCity sites. It takes the most promising opportunities (typically from our DEVELOP) programme and helps them to become market and investment ready and ultimately to raise the money they need to progress.
Companies at BioCity have raised over £50m in venture capital. The LAUNCH programme will help you add your name to the list that have successfully raised investment.