BioAccel

Biotechnology ResearchArizona, United States2-10 Employees

BioAccel is a small 501(c)(3) nonprofit organization based in metropolitan Phoenix, Arizona. It accelerates the development of bioscience companies and biomedical products by providing training, mentoring, and other support to entrepreneurs navigating the regulated biomedical technology landscape. Its focus includes advancing bioscience entrepreneurs in areas such as health informatics and medical devices, with programs designed to move concepts toward commercialization and to support due diligence for Arizona ventures. Since its inception in 2009, BioAccel has helped launch 17 companies and provided education and mentorship to more than 100 Arizona entrepreneurs. Portfolio companies support an average wage of $71,800, about 61.8 percent above the Arizona average wage of $44,370. In 2018, BioAccel partnered with Plaza Companies LLC to establish an incubator in Phoenix, a collaboration involving city stakeholders and a real estate firm specializing in bioscience facilities.

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