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Home to more than 200 companies, BioCity is a pioneering life science incubator and business collective.
Not the typical business incubator, BioCity takes a holistic approach to business support. Offering entrepreneur coaching, investment, flexible lab and office space and PAYG services within a UK-wide business collective.
Founded in 2002 by the University of Nottingham and Nottingham Trent University, BioCity originated in a former BASF Pharma research facility in Nottingham city centre.
In 2012 BioCity acquired the MSD research facility in Newhouse near Glasgow to create Glasgow, BioCity. This was closely followed by a second site in Nottingham, MediCity, which is located on the Boots campus and is a collaboration with Walgreens Boots Alliance. In 2016 the Newhouse site was further expanded to create Glasgow, MediCity. BioCity also operates at Alderley Park, Cheshire, Aberdeen and Newcastle.
The company has made 29 investments in early stage companies and has delivered a healthy growth in portfolio valuation. Funds are deployed from its own cash reserves and from a joint venture vehicle with AstraZeneca which BioCity manages.
In 2017, BioCity was identified as one of Europe’s fastest growing companies in the Financial Times’ FT 1000 report. The BioCity model of ‘support from inception to incorporation’ initially challenged the industry standard but quickly became the industry leader due to the unprecedented survival rates of BioCity based businesses.
BioCity is a pioneering life science incubator and business collective. Where ideas become reality, investment flows and businesses succeed.
BioCity was founded in 2002 when the concept of a business incubator offering 360° support within a self-contained location was unheard of. But a small team of dedicated people fought hard to turn that idea into reality. A reality now replicated throughout the UK.
Never limited to the standard business ‘incubator’ model, BioCity has grown alongside the businesses who call us home.
Our community has become a UK-wide business collective. From our locations we now provide entrepreneur coaching and investment alongside rentable lab and office space and PAYG services.
But we’re not finished yet. We work tirelessly for the pioneers who call us “home”, “coach” and “investor”, helping ideas out of the lab and into the world.
Even more than this, to our companies, we are a cheerleader, a critical friend & a collaborator.
Entrepreneurs, investors, experts, academics, industries and associations come together at BioCity. Creating a UK-wide business collective.
We surround businesses with people who share a common goal with us and with each other – to help science entrepreneurs tackle global challenges. Individuals with diverse expertise, experience and resources who can open the doors, make the introductions and identify the opportunities; that help businesses grow.
Allowing even the smallest of ventures to be part of, and do something, big.
Because there’s more to life (sciences) than labs, BioCity takes a holistic approach.
Not just for start-ups and spin-offs, we coach entrepreneurialism at every stage from idea to exit. Advocates of the Lean Start-Up method, we help businesses get off the ground and continue to grow, entrepreneurially.
Our panel of investment experts is adept at spotting the ‘ones to watch’, investing in promising entrepreneurs and early stage ventures with real potential.
Convertible loans for very early-stage ventures to help get them off the ground.
We identify opportunities and invite High Net Worth Individuals and sophisticated investors to co-invest in growing businesses, alongside us.
Part of the BioCity Collective, the Expert Network are altruistic individuals our entrepreneurs can call upon for help.
They are leaders of industry, working at the highest levels in the areas of commercial science (regulatory, safety and toxicology, finance, legal, acquisition etc.) that life science entrepreneurs will tackle at some point.
Easy-in easy-out leases allow businesses to scale-up and down for new projects and new people; without the risk.
To support the science: uninterruptible power supplies, access card security systems, air handling systems and cryostorage. Class1 and class2 labs, GCP and GMP suites alongside office and co-working spaces.
To support the people: coffee houses, yoga classes, work perks and socials.
To lessen operational costs and capital expenditure, we provide services, resources and equipment on a pay-as-you-go basis.