BioTech Incubator OneBio Invites You To Apply For Its Incubator Programme

Applications are open for biotech entrepreneurs that are late in the research cycle and early in the product cycle, typically scientists with a great concept but needing the business acumen and support to fully get the concept off the ground.

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Biotech
Biotech. Fishman64 / Shutterstock.com

OneBio, a Cape Town-based biotech incubator, invites South African and Zimbabwean startups to apply for its six-months incubation programme.

Startups need to be based in either South Africa or Zimbabwe. Teams of at least 2 co-founders are preferred.

OneBio is an entrepreneurial partnership to stimulate biotech innovation and economic growth in Africa.

It is an initiative of the Cape Innovation and Technology Initiative (CiTi) in collaboration with the Centre for Proteomic and Genomic Research (CPGR).

Its mission to build businesses that are original and world-changing. OneBio provides investment capital, lab facilities, mentorship, science and business incubation services, taking early-stage biotech startups from lab bench to that of sustainable business. 

The Opportunity

The 21st century has been dubbed “The Age of Biology”, and biotech is increasingly seen as a solution for global challenges in health, food, agriculture, and the environment; as well as a driver of economic development and diversification. Falling costs of performing life sciences research mean that biotech is no longer reserved for large corporations, universities and government organisations. In 2018, over $12 billion was invested in biotech startups globally.

The Programme

The programme will run over 6 months, delivered via virtual workshops, expert coaching sessions, tailored online content and three in-person bootcamps in Cape Town.

The incubation programme is free of charge, is equity free and valued at over R350,000 per business. During contact weeks, businesses will have access to lab facilities and co-working space, undertake excursions, be inspired at fireside chats, and be introduced to potential partners and funders.

Co-working and lab-space will be available for startups in both Cape Town and Bulawayo. The programme will culminate in a demo day, where entrepreneurs will have the opportunity to pitch to local investors.

Applications are open for biotech entrepreneurs that are late in the research cycle and early in the product cycle, typically scientists with a great concept but needing the business acumen and support to fully get the concept off the ground.

Areas of interest include entrepreneurs solving problems in consumer biology, future food and agriculture, bio-materials, industrial biology, biological tools, animal health, therapeutics and regenerative medicines, to name a few areas. Solutions that arise at the convergence of laboratory work and computational science are encouraged.

Startups need to be based in either South Africa or Zimbabwe. Teams of at least 2 co-founders are preferred.

The programme is being run in partnership with TechVillage – a Zimbabwean business and innovation incubator – and funded by the Finnish government through their Southern African Innovative Support (SAIS) initiative.

Applications close at midnight on 10 March and shortlisted applicants will be contacted for an interview by 15 March.

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