Deadline: 28-Feb-22
The AIM-HI Accelerator Fund Women’s Venture Competition, in its third year, is open for women entrepreneurs! The program provides early-stage funding, coaching, and networking opportunities to women-led oncology startups to address unmet medical needs.
The intent of launching the Women’s Venture Competition program is to encourage and greatly increase women scientists’ participation in entrepreneurial ventures. AIM-HI will provide the critically needed funding to early stage oncology companies so that they could quickly generate the data that are essential for filling appropriate documents with the drug regulatory and approval agencies and enabling them to access additional new capital for their growth.
AIM-HI will also provide entrepreneurial support to help increase visibility of the projects and provide connection to key experts in cancer research and drug development from the extensive network of cancer research and development global network.
The value of this competition, outside the potential for seed stage equity investment, is:
- Mentoring – they have a long-term focus on the entrepreneur-scientist, which is a human capital centered approach with a long track record. They look for coachability and entrepreneurial mindset in the women entrepreneur-scientists and match them with industry mentors (a value of $10K).
- Advising – they focus on time-efficient, strategic connections and helping the women entrepreneur build out her team or provide virtual CXO services (a value of up to $100K)
- Networking – they have a vast, selective global network of innovators, investors and influencers in the oncology subsector of life sciences industry. They will make introductions for investment and market expansion purposes (a value of up to $25K)
Benefits
- Cash prizes will be awarded to the top finalists
- The winning company will receive $1 million in investment from AIM-HI and co-investors, subject to due diligence and negotiation
- Obtain Insightful feedback from the Selection and Judging Committees
- Receive recognition, visibility, and introductions to cancer experts worldwide
- Be featured in the Award Ceremony for the 2022 Women’s Venture Competition and network with key opinion leaders, business executives, investors, and fellow women entrepreneurs in the life science startup ecosystem
Eligibility Criteria
- Oncology startup companies seeking Series A or earlier investment funding.
- Must have a woman in senior leadership who has an equity stake – could be founder or C-level executive.
For more information, visit https://aim-hiaccelerator.org/womens-venture-competition/