Studies have shown that incubated businesses have a survival rate of 87%, while only 44% of small businesses that work in isolation survive. Incubator-based enterprises are also more attractive to prospective investors.
Why Bioscience and Healthcare Start-ups
Choose The BioScience Center
We offer office and laboratory space at below-market rates.
To help prolong original capital investment, we are willing to take shares of your company, warrants for future purchase of shares, or an agreed upon share in future revenues for up to one-half of your annual rent (subject to a mutual agreement on valuation).
With our connections and experience, we are able to provide you with leads to a variety of funding sources: venture capitalists, angel investors, and for-profit and not-for-profit lenders.
We have also compiled a list of available funding in NM for start-ups of all sizes. Go to (copy and paste into your browser):
or follow the link on the top of our Home page.
You will have access to committed mentors and experts who can provide invaluable advice. Within our walls are entrepreneurs who have a solid history of creating, developing and exiting businesses.
We also offer regular on-site training and seminars on such topics as tax incentives and tax credits, raising capital, and developing a business plan.
We have available nine wet (chemistry and microbiology) laboratories, totaling 3,000 square feet, which you can start using immediately.
Our services include reception, IT infrastructure, group purchasing, conference space, kitchen and break room.
You won’t work in isolation – you’ll network and share your ideas and experiences with your peers who also rent space in our incubator.
What is a business incubator?
Business incubators nurture the development of fledgling entrepreneurial companies, helping them grow during the early years when they are most vulnerable. Incubator programs provide business support services and resources tailored to the needs of new, emerging firms.
How would your business benefit from joining The BioScience Center’s incubator program? The Center was founded and is managed by entrepreneurs who have considerable experience creating, nurturing, and exiting successful businesses. These experts understand the needs of new and emerging firms, and are available to provide ongoing guidance and support to all of our resident companies.
How can a business participate in the program?
Depending on your needs, there are 2 ways to participate:
- Resident–resident companies rent offices and laboratories in our 19,500-sq-ft. facility. The monthly rent includes shared reception, IT infrastructure, conference space, and access to our group purchasing contracts. The firms are entitled to 24/7 access to the building; unlimited use of the conference room; listings on our website, promotional materials and social media sites; and use of our mailing address, a mailbox and package acceptance; plus free services listed below.
- Non-Resident–non-resident companies receive a dedicated workspace in a shared office. They may also rent meeting and laboratory space and have access to the free services listed below.
What does the program provide?
In addition to the benefits already mentioned, you’re also entitled to:
- Mentoring, Coaching, Consulting
- A receptionist to greet your visitors
- Shared office equipment for a nominal fee
- Access to our group purchasing contracts
- Workshops & Seminars
- Kitchen and break room
- Ample parking
- Room to expand within The BioScience Center
Our Business Advisors. Our staff and experienced members of the business community provide free business and technical assistance in such areas as strategic planning, marketing, human resources, and financial matters. They also are able to make referrals to other resources when appropriate.
Networking Opportunities. We encourage our resident companies to share their knowledge, ideas, experiences and challenges with one another, and to lend a helping hand or a sympathetic, listening ear when needed.
Business Partnerships. The BioScience Center collaborates with numerous economic development and business-related entities, as well as private-sector businesses, legal services, financial institutions, and other sources of capital to benefit our resident companies.