BioTools Innovator is a new program powered by MedTech Innovator, the largest life science accelerator in the world. Leveraging the successful model of our flagship program, BioTools Innovator is intended to support entrepreneurs that are developing a broad spectrum of biotechnology products, platforms and services.
BioTools Innovator recognizes the 10 best-in-class startups across the life science tools industry. Companies selected for this honor receive a slot in the BioTools Innovator accelerator, which provides high profile visibility and access to investors, stakeholders, decision makers; a network of mentors and peers; and participation in a customized educational curriculum. Additionally, accelerator companies compete for up to $200,000 in non-dilutive funding. Acceptance into the BioTools Innovator accelerator is based on the stage of the startup, with preference for companies that have not yet raised a Series B or established a significant strategic partnership.
Thinking about applying for our 2022 cohort? Do you have questions about the application process or benefits of participating in the BioTools Innovator program? Watch the recording of our Info Session below:
BioTools Innovator Road Tour – Based on input from our corporate partners and other online application reviewers, 30 companies will be invited to participate in one of a series of pitch events, awarding a coveted opportunity to meet with industry-leading judges and key opinion leaders. The Road Tour is critical part of our selection process. All companies invited to pitch will be provided with PDF feedback summaries from our judges.
BioTools Innovator Accelerator & Competition – Ten companies will receive a place in the BioTools Innovator accelerator, a three-month virtual mentorship-focused program. Opportunities include networking, workshops, and pitching to investors, manufacturers, providers. Accelerator companies will be assigned mentors from one or more of our corporate partners, and compete for up to $200,000 in non-dilutive cash prizes.
All early-stage founders developing tools and services for biotechnology, biomedicine, cell biology, molecular biology, genetics and biochemistry are encouraged to apply. Below is a list of of interest areas that our partners are specifically interested in:
Preferably, applicants will have prototypes and some proof of concept evidence, as well as the funds available / runway remaining to execute on current milestones.
Companies that are accepted to the program must commit a co-founder, CEO, or appropriate senior member of their leadership team to participate in the three-month virtual accelerator program and be present for the Showcase and Finals in mid-October (tentatively scheduled for October 15 in Carlsbad, CA).
Founders that have developed an applicable technology, but have not yet formed a company, may still apply. However, they must be incorporated as a company before the start of the Accelerator program. In partnership with Wilson Sonsini Goodrich & Rosati (WSGR), founders that apply to BioTools Innovator may receive complimentary legal services to incorporate their company (founders are only responsible for out-of-pocket costs). Reach out to WSGR Partner James Huie at firstname.lastname@example.org for details.
MedTech Innovator is a nonprofit and does not require a fee or equity from participating companies.
APPLICATIONS ARE OPEN. APPLY BY MAY 15, 2021.
1. Register an account
If you haven’t already done so, you’ll need to set up an account. Click the Register button below to go to the registration page. Enter a username and email and click the Register button. That will send you an email with a link where you can set your password. If you do not receive the email, please reach out to us at email@example.com. Once you have logged in and completed your user profile, please proceed to the next steps below.
2. Complete your application
Submit a new application on your BioTools Innovator Member Page. You’ll be able to save your application in-progress and come back later to make changes and additions as needed.3. Be ready to pitch!
The highest scoring companies will be invited for the opportunity to pitch BioTools Innovator and our panel of reviewers at one of our virtual pitch events. Ten companies will be selected to participate in the three-month BioTools Innovator Accelerator. Final company selections will be announced in mid-July 2021.
See our FAQ’s for answers to common questions.
|May 15||Extended Application Deadline|
|June 9, 23, & 30||Pitch Events for Selected Companies|
|Late July||Accelerator Selections Announcement|
|July – Oct||BioTools Innovator Virtual Program|
|Mid-October||BioTools Innovator Showcase and Finals Competition (in Carlsbad, CA or Virtual)|