Bioaccel
Bioaccel
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About this organization
Mission
Support economic development through accelerated commercialization of late stage basic and applied research in the life sciences.
About
The technology advancement program (TAP) provides proof-of-concept funding and mentoring support services so that aspiring entrepreneurs/founders can translate their biomedical discoveries from bench to bedside. New venture development program provides seed funding to entrepreneur founders who have graduated from solutions challenge and TAP. Funding may cover start-up expenses such as regulatory compliance, engineering, intellectual property, interns, facilities, lab space, clinical trials and other fundamental elements otherwise cost-prohibitive for small bioscience businesses. Bioaccel's student training and mentoring programs at partnering universities are designed to accelerate the translation of novel scientific advances and discoveries into commercially viable products and devices that specifically improve patient care and advance public health. Bioaccel's solutions challenge is an annual, market-driven, industry-sponsored competition that pits aspiring entrepreneurs and their technologies against today's most compelling healthcare needs.
Interesting data from their 2020 990 filing
The purpose of the non-profit is stated in the filing as “Support economic development through accelerated commercialization of late stage basic and applied research in the life sciences.”.
Their activities were defined as: “Support economic development through accelerated commercialization of late stage basic and applied research in the life sciences.”.
- As per legal requirements, the non-profit's state of operation is reported as AZ.
- The non-profit's address in 2020 as per the filing is 4602 N 16TH STREET SUITE 303, PHOENIX, AZ, 85016.
- The form of the non-profit organization shows 2 employees as of 2020.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is less than $100,000.
- Revenue less expenses is -$184,618.
- The organization has 3 independent voting members.
- The organization was formed in 2008.
- The organization pays $182,695 in salary, compensation, and benefits to its employees.
- The organization pays $20,007 in fundraising expenses.