Review on IndieBio by Jorge Hernández
contributing to the development of science
If we consider that the advancement of technology is important; imagine if it is not science; or even more so biology. Thinking about this, the founders of the IndieBio company were pioneers in creating an organization in support of emerging companies whose corporate purpose is the development of scientific innovations.
What resources does IndieBio use to drive start-up companies?
IndieBio offers an accelerator program for scientific projects in the initial phase that consists of providing initial capital equivalent to $ 250,000, conditioned work area and laboratory, and gives the entrepreneur the possibility of joining the world community of IndieBio alumni and linking up with the network of investors, corporations, biotechnology organizations to establish strategic trade, investment and marketing relationships that promote their business solidity.
Where do the companies affiliated with the program receive support?
IndieBio requires that start-up companies receive their comprehensive training at its headquarters located in San Francisco or New York.
The training program lasts 4 months in intensive mode.
What is the ultimate goal of the IndieBio accelerator program?
The main purpose of the program implemented by IndieBio is to achieve that each seed company becomes a solid corporation with marketable capacity within the scientific field, in such a way that it generates profitability in the market.
IndieBio recruits new companies twice a year and with a maximum limit of 15 applicants. However, her former students can enjoy her training and financial support in the years after the initial program.
Pros
- Pioneer in supporting biology projects
- Provides subsequent support to companies initially affiliated with its program
- Provides a significant fund to seed companies upon enrollment in the initial program
- Provides affiliates with specialized advice
- Offers spaces and shared laboratory adjusted to the needs of the starter program
Cons
- No disadvantages
