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Incubator Program
The VelocityTX Incubator program is a two to five-year program designed to help early-stage bioscience companies scale by providing long-term support and the necessary resources they need to evolve and grow into a mature business. Within the incubator, clients receive mentoring, help with getting funding, guidance on business plan development, prototype development support, and exposure to the bioscience and healthcare ecosystem. The primary goal of the incubator program is to drive economic growth by producing successful, financially viable, and sustainable companies.
Incubator clients have access to a world-class Innovation Center with 17,000 square feet of office and coworking space, meeting rooms, and other amenities. Incubator clients are immersed into a collaborative space surrounded by a like-minded community of people who want to change the world– innovators, doers, thinkers, connectors, entrepreneurs, and industry leaders. VelocityTX will tap into its extended network of experts, founders, and investors to help the incubator clients scale their operations and achieve significant growth.
Program Benefits & Membership Options
Requirements and Eligibility
- Companies incorporated in the U.S. with a U.S. bank account
- Companies within one of the following focus areas:
- Medical device
- Biotech
- Healthcare IT or related fields
- Located in San Antonio, TX, or willing to relocate
- Have a team of two or more
- Demonstrate traction through at least two of the following:
- Intellectual property rights (i.e., copyright, trade secret, software, invention disclosures, patent applications, etc.)
- Proof-of-concept testing or prototype
- Funding (private or public)
- Completion of a qualifying accelerator or pre-accelerator program
Program Expectations
- Meetings with mentors
- Coaching meetings with VelocityTX Entrepreneurs in Residence (EIRs) to create a plan for business growth using the GrowthWheel Methodology
- Attend educational trainings (BioLaunch Courses) and networking events (Connect with VelocityTX)
- Promote progress, success, and program updates on company’s social media channels
- Attend VelocityTX BioGlobal Accelerator Program’s Demo Day
- Provide company data on progress twice a year
Membership Options
- Incubator Resident
- Office space rental with offices accommodating 1 - 4 people
- Prices vary depending on size, available upon request
- Engage with VelocityTX community throughout the day
- Hybrid Incubator
- Access to coworking area and remote access to program benefits
- Engage with other incubator members on a hybrid schedule and virtually
| Incubator Resident | Hybrid Incubator | |
|---|---|---|
| Office space rental with offices accommodating 1-4 people | ||
| Engage with VelocityTx community throughout the day | ||
| Sample #3 | Row 3, Content 1 | Row 3, Content 2 |
Meet the Incubator Clients
The VelocityTX Incubator Program houses health IT and medical device companies.
