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BioAccel operates as a 501(c)(3) nonprofit organization dedicated to accelerating the development of emerging bioscience companies and biomedical products. It provides comprehensive training, mentorship, and strategic support to entrepreneurs, specifically targeting innovators in health informatics and medical devices. The organization's programs guide ventures through the complex commercialization process, bolstering their potential for market entry.
The organization was co-founded in 2009 by MaryAnn Guerra and Ron King, who recognized a significant gap in the commercialization pathway for biomedical technologies. Their insight was that many bioscience entrepreneurs lacked a clear understanding of how to translate novel scientific advances into viable products. Guerra, with extensive experience in the sector, and King established BioAccel to bridge this knowledge and support deficit.
BioAccel serves bioscience entrepreneurs by increasing the pipeline of high-potential proof-of-concept projects and offering critical due diligence assistance necessary for launching successful companies, particularly within Arizona. The organization's long-term vision is to drive regional economic development by fostering a robust ecosystem that transforms scientific discoveries into impactful and commercialized biomedical innovations.
BioAccel has 6 tracked investments across 6 companies. The latest tracked deal is $20K Seed in SiO2 Nanotech in November 2012.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Nov 21, 2012 | SiO2 Nanotech | $20K Seed | Arizona Commerce Authority, Bioaccel | — |
| Nov 20, 2012 | Rarus Innovations | $20K Seed | Arizona Commerce Authority, Bioaccel | — |
| Nov 20, 2012 | DataWare Ventures | $20K Seed | Arizona Commerce Authority, Bioaccel | — |
| Nov 19, 2012 | Traken Technologies | $20K Seed | Arizona Commerce Authority, Bioaccel | — |
| Nov 19, 2012 | Pivot | $20K Seed | Arizona Commerce Authority, Bioaccel | — |
| Nov 19, 2012 | Attometrics | $20K Seed | Arizona Commerce Authority, Bioaccel | — |