AIM-HI has partnered with Springboard Enterprises (sb.co) to bring a venture accelerator program to women bioentrepreneurs that focus on selecting those women scientists with an entrepreneurial mindset and match them with our trusted network of venture advisors, mentors, coaches and investors. Springboard is the world’s first and the best-known accelerator solely focused on women entrepreneurs. Since 2000, nearly 800 Springboard portfolio companies seeking investment of financial and human capital for product development and expansion have raised $10.3 Billion, created tens of thousands of new jobs and generated billions in annual revenues. With 197 exits to strategic acquirers and 20 IPOs, Springboard entrepreneurs are transforming industries, including life sciences. Together with Springboard, AIM-HI will take a group of companies, or a cohort, through our curated and proven process for women, through a three-month period of time, culminating in a public pitch event where investors are invited.
The AIM-HI Women’s Venture Competition & Accelerator Program takes the approach that entrepreneurial training & mentoring of women scientists will accelerate oncology startups led and managed by women in science, creating a high impact not only on cancer therapeutics development, but also on women scientists’ participation in entrepreneurship opportunities. Unlike business incubators and accelerators that provide physical space to work or wet labs, AIM-HI is an accelerator that focuses on the human capital by surrounding our members with mentors, advisors, coaches, and investors, therefore building an ecosystem for the women entrepreneurs to thrive and build successful ventures.
AIM-HI will provide the critically needed funding to early stage oncology companies so that they could quickly generate the data that are essential for filling appropriate documents with the drug regulatory and approval agencies and enabling them to access additional new capital for their growth.
AIM-HI will also provide entrepreneurial support to help increase visibility of the projects and provide connection to Key experts in cancer research and drug development from our extensive network of cancer research and development global network.
GLOBAL REACH THROUGH PARTNERSHIPS AND SPONSORSHIPS
Through our partnerships with Asian Fund for Cancer Research (AFCR) which organizes BRACE AWARD Competition annually, PHIRDA’s annual CBIIC Conference, The Salisbury Award for Entrepreneurial Translational Research and Springboard Enterprises, we have global market access.
Corporate sponsors are another cornerstone of the AIM-HI Women’s Venture Accelerator Program. We have partnered with premier law firms, banks, impact investment funds, foundations and not-for-profit organizations that focus on women entrepreneurship with an emphasis on life sciences, to accelerate the success of women bioentrepreneurs leading companies in oncology. Each sponsor provides significant support to help underwrite this program.