OneBio, a Cape Town based biotech incubator; has opened applications for its six-month incubation programme to South African and Zimbabwean startups. This incubator is an initiative of the Cape Innovation and Technology Initiative (CiTi) in collaboration with the Centre for Proteomic and Genomic Research (CPGR).
The programme is aimed to help biotech startups that are either late in the research cycle, or early in the product cycle. This time, the incubator is looking for startups working on solutions in areas that include consumer biology, future food and agriculture, bio-materials, industrial biology, biological tools, animal health, therapeutics and regenerative medicines.
In addition, startups with solutions that arise out of the convergence of laboratory work and computational science are also encouraged to apply.In addition, startups with solutions that arise out of the convergence of laboratory work and computational science are also encouraged to apply.
The Financial Support is Valued at R 350,000
OneBio revealed that the support offered is valued at over R 350,000. selected startups will not be required to give up equity to participate in it. Moreover, OneBio will cover the costs of travel and accommodation for startups coming from outside of Cape Town.
This program will be delivered via virtual workshops, tailored online content, expert coaching sessions as well as through three in-person bootcamps in Cape Town. Selected Startups will benefit from access to lab facilities, co-working space in both Cape Town and Bulawayo, as well as access to potential partners and investors.
the program will kick off with an immersion bootcamp taking place in Cape Town between 13 and 17 May where participants will learn about company building. Between 20 May and 28 June, each week, one virtual workshop will be streamed to participants. Between 1 and 5 July the selected startups will undergo an acceleration bootcamp in Cape Town. This will then be followed by another series of weekly virtual workshops between 8 July and 23 August.