Overview
BioEnterprise is a business formation, recruitment, and acceleration initiative designed to grow health care companies and commercialize bioscience technologies. Based in Cleveland, BioEnterprise’s founders and partners are The Cleveland Clinic, University Hospitals, Case Western Reserve University, and Summa Health System. The initiative comprises the collective activities of BioEnterprise and its partners’ commercialization offices: the Case Office of Technology Transfer, Cleveland Clinic Innovations, University Hospitals Case Medical Center - Center for Clinical Research and Summa Enterprise Group.
Companies include emerging medical device, biotechnology, and health care services firms. Each year, the BioEnterprise groups choose a select number of companies on which to focus. The resources and networks of the BioEnterprise partners are directed to help those companies achieve greater levels of business success.
BioEnterprise Provides Companies:
- Experienced bioscience management guidance.
- Privileged relationships with world-class research and clinical institutions.
- Access to bioscience venture capital and private equity firms as well as knowledge of grant funding opportunities.
- Business development and alliance support for strategic partnerships.
- Network of regional business capabilities including technical services, equipment, professional service providers, and flexible development space.
Results
Since July 2002, the BioEnterprise Initiative has achieved the following results:
- More than 70 companies created, recruited, and accelerated
- More than $800 million in new funding attracted by these companies
- Over $85 million in revenues collected by technology offices
- Over 250 technology transfer deals concluded with industry partners.
The Initiative has evaluated over 900 company opportunities and 1,500 invention disclosures.
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IntElect Medical Raises $11 Million Venture Round Arteriocyte Receives $5 Million VasoLux Receives Seed Investment Midwest Has Record Quarter for Health Care Venture Investments Biomaterials Institute Launched with $80 Million Simbionix Completes Third Venture Round
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TiE Ohio Launch Event Cleveland Plus: Turning the Corner by Transforming the Region's Economy
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Resources to assist health care entrepreneurs in starting and growing bioscience businesses. Entrepreneur's Guide — a comprehensive directory of resources for bioscience companies in Northeast Ohio , from intellectual property, to starting the business, to obtaining venture funding. Bioscience Consultant's Directory — lists of bioscience experts — technical, marketing, management and others — for the various aspects of growing your bioscience business. Click here for more resources. |
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BioEnterprise reports on health care venture investment and start-up activity in the Cleveland region and the Midwest, and also compiles information on the region's health care industry. 2008 Northeast Ohio Economic Review 2007 Greater Cleveland Venture Capital Report 2007 Ohio Venture Capital Report 2007 Cleveland Bioscience Investment Report 2007 Midwest Health Care Venture Survey 2007 Ohio Bioscience Growth Report Q3 2008: Midwest Health Care Startups Attract Record Level of Venture Dellars in Third Quarter, 2008 |
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