What we do
While numerous startup accelerator programs currently exist in Latin America, they focus primarily on companies in the internet and mobile technology spaces. The lack of accelerator programs focusing on biotechnology is due largely to the unique challenges inherent in starting a biotech company – challenges that are absent for entrepreneurs wishing to start an internet or mobile technology company. Such challenges include:
- Specialized facility requirement.
- High capital equipment costs.
- The need for project teams conformed by highly skilled people.
- Uncertainty and time intensive nature of the scientific process
Bioparaiso will overcome these challenges by providing free-of-charge world-class laboratory space; intensive business and product development mentoring by experienced founders, investors, scientific experts, and other relevant professionals, and access to professional grant writing services.