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Working with BioEnterprise

BioEnterprise is looking to work with high-potential, fast-growth bioscience companies. Bioscience is defined as in the health care field, but not involved in the provision of care. It includes medical device and equipment, biopharmaceutical, diagnostic, and health care information technology or service providers, among others.

The general criteria are similar to those characteristics desired by professional capital sources (venture and private equity firms). BioEnterprise realizes that not all opportunities are at the same stage of development.

  • Target market of greater than $500 million
  • Offering is unique, advantaged in meeting market need, has external validation, and demonstrated proof of concept
  • Revenues could exceed $50 million in future
  • Company has demonstrated interest from strategic partners
  • Financial model earns sufficient returns for investorsl
  • Near-term milestones are clear
  • Team has experience and credentials to be successful

Companies seeking assistance from BioEnterprise should submit a detailed business summary that includes the information necessary to evaluate the opportunity and determine whether BioEnterprise can add value to the effort. Without comprehensive information - similar in content to a typical business plan - BioEnterprise will not be able to properly evaluate a proposal. After receiving the information, BioEnterprise’s business development team will evaluate the materials and respond back within three weeks.

Click the link below to see a list of the information you’ll need to include:
Business summary outline

Additionally, BioEnterprise has assembled several resource guides to assist bioscience entrepreneurs in launching and growing their businesses. Click here for a link to these resources.

SUBMITTING MATERIALS TO BIOENTERPRISE

Information can be sent to BioEnterprise either electronically (MS Word or PDF file preferred) to submissions@bioenterprise.com, or by mail. Mailed submissions should be sent to:

Denise Richardson
Manager, Business Development
BioEnterprise Corporation
11000 Cedar Avenue, Suite 100
Cleveland, OH 44106.