BioLeap
A programme by Parallel18
A free, hybrid life sciences incubator with a 12-week curriculum, a fully equipped laboratory and 14 weeks of technical assistance.
At a glance
| Best for | U.S. citizens and permanent residents building life sciences prototypes to commercialise in Puerto Rico |
|---|---|
| Stage | Prototype |
| Duration | 12-week curriculum, then 14 weeks of technical assistance |
| Format | Hybrid |
| Cost | Free |
About BioLeap
BioLeap is the incubator for life sciences startups in Puerto Rico. It is open only to U.S. citizens and permanent residents who will keep their research and development in Puerto Rico. Applications are open now for Gen. 4.
What you get
- A 12-week curriculum with specialised mentorship
- The Confluence Center laboratory for running experiments
- 14 weeks of technical assistance with open office hours
- Pitches to venture capitalists, angel investors and corporate partners
- Access to parallel18 Ventures and the Matching Fund
- Links to the P18 and Xpand programmes and to Puerto Rico Science, Technology and Research Trust resources
- You keep the intellectual property your company develops
Who can apply
- A novel, functional prototype, a proof of concept or a platform technology in the life sciences
- Founders with demonstrated experience and capacity to take the project to advanced stages
- Projects still at the ideation stage do not qualify
How selection works: the team judges the novelty and potential impact of the solution and the feasibility of the business model. Selection takes 5 to 6 weeks after the application deadline. The programme ends with a showcase for investors and industry leaders.
How to apply: submit the application through the parallel18 website, with a description of the business idea, the team and the development plan. There is no fee to apply, and you can reapply in a later cycle.
Where to apply
Other Parallel18 programmes
- P18A 16-week, in-person acceleration programme for early-stage startups from anywhere in the world, with an investment on selection.
- XpandA free, all-year community for growth-stage companies in Puerto Rico, with a one-day strategy bootcamp, investment readiness support and roundtables.
- VCAP (Venture Capital Access Program)An equity programme that invests in seed and early-stage companies headquartered in Puerto Rico, alongside private co-investors.
- parallel18 Ventures Matching FundFollow-on co-investment for top parallel18 alumni who raise capital from institutional and angel investors.