The BioAccelerate NYC Prize is a citywide competition that provides funding for biomedical research that has significant commercial promise. The competition is sponsored by the
New York City Investment Fund, with participation from the
New York City Economic Development Corporation.
The goal is to make New York City a center of bioscience that will, in turn, create jobs in the five boroughs. The work supported by the BioAccelerate NYC Prize has reached the “proof of concept” stage, but has not yet reached the point of commercialization. It’s during this in-between stage, known as the “valley of death,” that research often stalls due to lack of funding. Our prize aims to fill that void and enable vital healthcare initiatives to move forward.
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