BioLeap is a life sciences incubation program developed by the Puerto Rico Science, Research and Technology Trust & operated by parallel18.
It’s designed to support bioscience entrepreneurs in driving scientific research & innovation toward commercialization. The program concentrates on key sectors including biotechnology, agrotech, medtech, bioengineering, medical devices, digital health & more.
Key offerings
From a fully equipped laboratory to high-quality business resources. Our incubator is a launchpad towards Life Sciences commercialization.
Strong Incubation Curriculum
A 12-week curriculum-driven incubation initiative designed to instruct aspiring entrepreneurs in the life sciences sector on the intricacies of conducting business within the industry.
Strong Incubation Curriculum
A 12-week curriculum-driven incubation initiative designed to instruct aspiring entrepreneurs in the life sciences sector on the intricacies of conducting business within the industry.
The Confluence Center
Fully equipped laboratory designed to give startups a dedicated space to run experiments using specialized instruments. Located in the Forward Building— parallel18’s headquarters—in Science City.
The Confluence Center
Fully equipped laboratory designed to give startups a dedicated space to run experiments using specialized instruments. Located in the Forward Building— parallel18’s headquarters—in Science City.
Technical Assistance
A 14-week period of technical assistance open office hours is provided for participants in the current cohort.
Technical Assistance
A 14-week period of technical assistance open office hours is provided for participants in the current cohort.
Capital Structure Support
Access to parallel18 Ventures and the Matching Fund program.
Capital Structure Support
Access to parallel18 Ventures and the Matching Fund program.
Basic requirements
We provide hands-on support to groundbreaking Life Sciences startups.
Early Stage Innovation
Having a novel and functional prototype, proof of concept (experimental) or platform technology in the Life Sciences field is required.
Commited Founders
Individuals with demonstrated experience and capacity in order to successfully develop the prototype, proof of concept, or platform technology towards advanced phases.
Doing Business in Puerto Rico
Be either a U.S. citizen or a permanent resident and anticipates sustaining ongoing research and development efforts in Puerto Rico.
#BioLeapers at a glance
This is… Gen. 3! From healthcare and diagnostics to biotechnology and beyond, this cohort is paving the way toward successful commercialization.
Documents & Downloads
All the official info and resources, right at your fingertips.
Frequently Asked Questions
What industries does the incubator focus on?
Life Science Industry
- Agrotechnology / Aquaculture
- Pharmaceuticals / Therapeutics
- Medical devices
- Biomedical technologies
- Biotechnology
- Diagnostics
- Bioinformatics
- Medical technologies
- Digital health
- Biomaterials
- Big Data
- Health tech
- Artificial Intelligence
STEM
- Electrical engineering
- Chemical engineering
- Mechanical engineering
- Computer engineering
- Computer science
- Biomedical engineering
- Environmental engineering
- Marine engineering
- Agricultural engineering
- Biological engineering
- Tissue engineering
What is the incubator’s mission?
Our mission is to propel visionary projects from the laboratory to the market, accelerating translational research into tangible solutions.
Who can apply to the incubator?
Our incubator is open to early-stage life science startups, researchers, and entrepreneurs with innovative ideas in biotechnology, medical devices, diagnostics, or therapeutics.
How do I apply to the incubator?
You can apply by submitting your application through our website. Include a detailed description of your business idea, your team, and your development plan.
What are the application criteria?
We evaluate applications based on the novelty and potential impact of your solution, and the feasibility of your business model.
Is there an application fee?
No, there is no fee to apply to our incubator.
How long does the selection process take?
The selection process typically takes 5–6 weeks after the application deadline.
What does the program offer?
BioLeap provides its participants with business development services, access to investors, and networking opportunities with industry experts.
The program consist of:
- A curriculum with specialized mentorship
- Technical assistance
- Access to investors
- Access to parallel18’s coworking space.
Resources through parallel18
Participants in BioLeap will also benefit from a structured pathway that connects them with other parallel18 initiatives, including the pre-acceleration (pre18), acceleration (P18), and post-acceleration (Xpand) programs, ensuring a comprehensive learning and growth experience.
Resources through the Puerto Rico Science Technology & Research Trust (PRSTRT)
BioLeap participants receive access to collaborative connections and additional resources from various Puerto Rico Science, Technology & Research Trust (PRSTRT) subprograms, including the Technology Transfer Office (TTO), the Grants Program, SBIR/STTR, and Colmena66.
Are there funding opportunities available?
Yes, we provide opportunities to pitch to venture capitalists, angel investors, and corporate partners through events and investor networks.
Who qualifies for the program?
Applicants must have a novel and functional prototype, proof of concept (experimental), or platform technology in the Life Sciences field. Demonstrated experience and capacity to successfully develop the project through advanced stages are required.
You must also be a U.S. citizen or a permanent resident and anticipate sustaining ongoing research & development efforts in Puerto Rico.
How do I know if my project meets the criteria for the program?
The best way to determine if your project meets the program criteria is by completing the application questionnaire.
Does the program accept projects at any stage?
No, projects in the ideation stage do not meet the program’s criteria.
How long is the program?
BioLeap consists of a 12-week curriculum, followed by a 14-week period of technical assistance.
What’s the format of the program?
The program follows a hybrid format. Sessions are held online, with some in-person activities that require attendance.
Is there a graduation or demo day?
Yes, startups present their progress to a panel of investors and industry leaders during a Showcase at the end of the 12 weeks of curriculum.
What are the costs associated with the incubator?
Services offered in the program are available with no cost.
Does the incubator take ownership of intellectual property (IP)?
No, all intellectual property developed by your company remains solely yours.
What happens after I graduate from the incubator?
After graduating, we continue to support you through alumni services, including networking events.
Can I reapply if my startup isn’t selected the first time?
Yes, you are welcome to reapply during the next cohort application cycle, particularly if your startup has made significant progress.
Questions?
Get in touch!
Looking to connect with our team or learn more about what we do? Complete our contact form and a member of the parallel18 team will get back to you soon.