Kyle
Earlier this month we reported on a brand new biotech/medical device startup incubator opening up in Peoria Arizona. BioInspire, a partnership between the city of Peoria, BioAccel and Plaza companies, is looking to fill the incubator with early stage companies in the biotech/medical device field.
BioAccel announced at the AZBiz Expo last Thursday, a call for applications to identify companies that can advance medical device development and popular BioInspire. Tenants will get office space, access to labs, mentorships and up to $300,000 in seed funding.
“We want to build on our significant health care footprint” said Scott Whyte, director, economic development services, city of Peoria. Nearly 19% of the jobs available in the city are in health care. Whyte added “The new facility provides a unique focus, including resources for medical device development that will hopefully attract attention across the US and bring the best technologies to Arizona.”
Bioinspire is managed by BioAccel, a Phoenix–based non-profit that works to accelerate the commercialization of life-science technologies. BioAccel partnered with the City of Peoria to leverage its assets to provide Bioinspire with a sound foundation, comprehensive infrastructure and significant experience needed to launch the new enterprise and to drive positive economic impact and job creation. BioAccel’s commercialization programs are embedded in Bioinspire’s operations, which provide for ongoing deal flow and new company formation.
More after the break
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