We promote the growth of the invested startups, leading them to hit the market successfully. By investing exclusively in Biotechnology and Life Sciences companies, which can come from any region of Brazil or even from other countries, BiotechTown develops actions that consider the specificities of the segment: technological development, increased maturation time (which involves research, validation and production), regulatory aspects, market intelligence and attracting public and private resources.
Through the participation in the BiotechTown Business Development Program, entrepreneurs have access to training and mentoring related to management, professionalization of the company, establishment of milestones and drivers of growth.
BiotechTown promotes connections that are crucial to business success, putting the company in contact with first customers for product validation and investor prospecting.
The entrepreneur is guided by a team that works hands-on with support to reach national and international markets, as well as access to a complete coworking infrastructure, Open Lab and Production Laboratory (CMO). The Business Development Program has its own methodology, validated and customized according to the needs of each startup.
When selected, the entrepreneur participates in a unique program – lasting 12 months – and receives an investment between R$150,000 and R$300,000 to develop his/her business, according to the rules of the Call. BiotechTown exits itself from the investment in a planned way, without harming the development of the business.
In the first four weeks of the program, the entrepreneur stays in contact with BiotechTown’s network of managers and partners, accessing special content and intensive activities that inspire and provide technical support for the preparation and development of his/her business plan.
The first-phase entrepreneurs, selected according to the criteria of market potential, technology, dedication, evolution and team, participate in this second stage, called bioRUN. For 11 months, they have close contact with the BiotechTown team receiving management guidance to make the business grow.
The BiotechTown Business Development Program does not end after a year of interactions with entrepreneurs. The next step, called bioFELLOW, is the close monitoring of the portfolio of investees. There is a constant relationship with the companies.