BaseLaunch, Switzerland’s new accelerator for healthcare startups, provides handpicked ventures with access to the Basel region’s life sciences ecosystem. BaseLaunch has been initiated and is operated by BaselArea.swiss, supported by Novartis Venture Fund, Johnson & Johnson Innovation, Pfizer, and partners with digitalswitzerland’s Kickstart Accelerator.
Harnessing the Basel region’s unique position as a global life sciences hub, as well as its rising popularity among investors, BaseLaunch is a program tailored to healthcare entrepreneurs and looking to attract the next generation of breakthrough companies.
Dr. Christof Klöpper, the CEO of BaselArea.swiss stated: “The expertise of BaselArea.swiss in connecting innovators and supporting entrepreneurs enables BaseLaunch to be extremely focused on the unmet needs of healthcare startups while at the same time contributing to the excellent Swiss innovation landscape, particularly in the life sciences arena.”
As the designated healthcare vertical of the Kickstart Accelerator and a partner of established public and private bodies, BaseLaunch is closely aligned with key national and regional initiatives. BaseLaunch has already garnered support from global biopharmaceutical companies and innovation champions Novartis Venture Fund, Johnson & Johnson Innovation and Pfizer. These healthcare partners are engaging with BaseLaunch to find and support transformational innovations that solve unmet medical needs.
Alethia de Léon, the Managing Director of BaseLaunch explained: “BaseLaunch aims to support the best healthcare innovators and offers them fast access to founder-friendly venture grants, insights, industry access and state-of-the-art infrastructure. We want to enable and individually guide them to become fully embedded into the life sciences value chain.”
The program consists of two phases, which extend over a total of 15 months. During the first phase, lasting three months, entrepreneurs work closely with the BaseLaunch team as well as a network of entrepreneurs-in-residence, advisors and consultants to further develop their business cases. Financial support through BaseLaunch can be as high as CHF 10,000 per project. Up to three startups accepted for the second phase will receive the opportunity to secure a one-year grant of up to CHF 250,000 to generate data and reach business plan milestones in the labs at the Switzerland Innovation Park Basel Area.
BaseLaunch accepts applications for the inaugural acceleration program cycle until June 30, 2017. Additional program cycles will start in late 2018 and 2019. A selection committee of industry experts will handpick the ventures invited for each program cycle. Apply now!