The Colorado Life Sciences Incubation Program
powered through the partnership between Colorado BioScience Association, the Colorado BioScience Institute, and Innosphere Ventures

Bringing your innovation to market starts here! We’re excited to bring this NEW program to Colorado-based startups. This program is designed to accelerate the success of life science company founders and support entrepreneurs who are commercializing life science innovations. The Life Sciences comprehensive incubation program begins with a cohort model and provides 12 months of support!

Join entrepreneurs and thought leaders in the life sciences Incubation Program and you’ll have an entire network working right next to you as you tackle all business aspects of commercializing your product. 

WHAT DOES IT COST?  

Ten companies accepted into the life sciences cohort are provided a 50% discount thanks to an Advanced Industries Business Accelerator Grant from the Colorado Office of Economic Development and International Trade (OEDIT).

WHO SHOULD APPLY?
Technical founders, startups from federal labs, university startups, and physician-entrepreneurs who are: 

  • Early stage – company is pre-revenue or product is pre-MVP. 
  • Located in Colorado 
  • Launching a medical device, digital health, diagnostic, biotech, pharma, or translational medicine company  
  • Seeking expert help in driving their life sciences innovation to market.  
  • Seeking to be a part of a collaborative environment and supportive business climate for life sciences innovation

APPLICATION DEADLINE: WEDNESDAY, APRIL 6 – CLICK HERE TO APPLY

THE COMPREHENSIVE PROGRAM OFFERS PARTICIPANTS ACCESS TO: 

  • Innosphere’s year-long leading incubation program for entrepreneurs 
  • Annual Membership in Colorado BioScience Association (CBSA) for one year 
  • CBSA’s resources and programming that includes access to more than 30 Education + Networking opportunities each year, such as: Rocky Mountain Life Sciences Investor & Partnering Conference; BioBoot Camp, networking events and more 
  • The Colorado BioScience Institute’s expertise in life sciences-specific educational programs, including fully-funded participation in The Institute’s Foundations of Leadership or Executive Leadership programs. 

LIFE SCIENCE SECTORS: 

  • Medical device
  • Digital Health
  • Diagnostic
  • Biotech/Bioscience
  • Pharmaceutical

APPLY TODAY:

  • The application process is designed to be fast and easy. Please visit innosphereventures.org/apply and click APPLY to download the application! 

WHY JOIN!? 

  • Life sciences leaders from Colorado’s best-known companies, institutions, and organizations have advanced their careers and expanded their networks through the Colorado BioScience Institute’s executive leadership programs.  
  • From concept to commercialization, member companies of the Colorado BioScience Association are the ones in the driver’s seat of global health innovations and products that improve and save lives. 
  • Our advisors work hard to turn technologies into startups, and turn those startups into viable businesses. 
  • Innosphere’s commercialization program for entrepreneurs has been accelerating the success of startups for decades, and has a history of supporting companies such as BioLoomics reach their business milestones.  Innosphere has also supported and invested into life sciences companies such as: 
      • Aspero Medical, a company with a differentiated medical product for use in endoscopy procedures using technology developed at the University of Colorado.  
      • GelSana Therapeutics, a startup company developing novel hydrogels that improve wound healing for diabetic ulcers and other wounds.  
      • Epic River, a company automating the loan closing process to address the problematic trend in the healthcare industry of non-payment on patient bills. 

WHAT FOUNDERS AND COMPANIES GET SUPPORT ON: 

  • Creating relevant strategics specific to life sciences, with a focus on creating value for investors – including exit planning and building a strong pitch deck for investors. 
  • Connecting you to corporate partners, investors, and advisors who are experienced in working in life sciences industries. 
  • Planning a successful product launch, including regulatory pathways and approvals. 

WHAT YOU’LL GET THROUGH INNOSPHERE’S WORKSHOP SESSIONS: 

  • Life sciences-specialized content to help founders determine the best path to market. 
  • One-on-one support in a cohort setting with like-companies, fellow entrepreneurs, and thought leaders.  
  • Valuable skills on how to build a successful enterprise, including: how to raise capital, acquire customers, build talented teams, accelerate top line revenue growth, plan exit strategies, and build enterprise value. 
  • The playbook for building your business: Regulatory Pathways; Product/Market Fit; Customer Discovery and Value Proposition; Competitive Positioning; Reimbursement Strategies; Capital and Financing; Corporate Partners. 
  • A dedicated client manager who will work right next to you as you tackle all business aspects of commercializing your product. 

APPLICATION DEADLINE: WEDNESDAY, APRIL 6 – CLICK HERE TO APPLY

WHEN IS IT?

The first 3 months: The program initially begins with live, online workshops in April, May, and June 2022. Between sessions, you will work individually with your client success manager on homework and business milestones.

TESTIMONIALS:

“My Innosphere advisors knew exactly what was required to transfer and commercialize technology form the university setting.” —Mark Rentschler, CTO, Aspero Medical

“Epic River built a business providing software solutions to reduce transaction costs in the highly regulated banking industry. We joined Innosphere’s program when we decided to take our technology and apply it to another regulated space, healthcare, to lower the cost of managing patient healthcare loans. In 2019, Epic River closed a $1.75 million seed round led by Innosphere Fund.” —Jeff Grobaski, CEO, Epic River

“When you start a company, there are so many unknown variables – and it’s not that you just have questions, you don’t even know who to ask the questions to. Innosphere has been great at providing the mentorship I needed and connecting me with people I needed to speak with to take my product to market. The network and support here are better than any other accelerator I’ve heard of – and I’ve talked to medical device companies and other startups across the country.” —Jamie Haggard, CEO and Co-Founder, Green Sun Medical