Succeeding in the biotechnology industry requires more than innovative technology and sufficient financial resources. Accelerator provides its portfolio companies with the management expertise they need to:

• understand the markets for their products;
• map out product development programs; and,
• develop viable business plans

This input enables the portfolio companies to operate on the level of a more mature and experienced company at the earliest stages of their development, reducing future development risk and avoiding wasteful start-up company errors. Accelerator Companies can access management, operational or business development expertise on an “as needed” basis by utilizing Accelerator’s staff as well as a team of pre-qualified consultants. This enables portfolio companies to have the knowledge base of a large company without the expense of additional full-time personnel.

Accelerator also provides administrative support, including purchasing, human resources and accounting. This “turn-key” approach to managing day-to-day operations enables portfolio companies to go into the lab and focus on technology development, and eliminates the need for administrative personnel.