Newsletter

The City of San Antonio is piloting two programs for Ready to Work Pledged Employers to support workforce development and investing in city business growth; The Ready to Work Incumbant Worker Training Pilot (IWT Pilot) and The On-the-Job Training Pilot (OJT Pilot). Programs are designed to serve both the advancement needs of employees and the benefits … Read more

New Funding to Bolster San Antonio’s Biomedical Startup Ecosystem The U.S. Small Business Administration (SBA) has announced BioMedSA as a Stage Two winner for the national 2023 Growth Accelerator Fund Competition. BioMedSA will receive $150,000 to help catalyze the development of bioscience startups in San Antonio, enabling them to build on a strong foundation as … Read more

For many of our members, the search for funding and grants is an inevitable part of growth. We are grateful to the City of San Antonio for approving a new program to support small businesses with high-growth potential.  Funding will be provided based on eligibility requirements assessed as part of an application. Limited funding support … Read more

Knowing NIH grant paylines is important information to assess whether or not your project will be funded. An NIH payline is determined based the combination of the available funds and applications for those available funds.  The Impact score is evaluated relative to the NIH payline.  The NIH payline is the cutoff for funding: an Impact Score higher … Read more

A new addition to Biofest Week this year, Biofest Tours, enabled attendees to visit 5 key assets in the San Antonio life science ecosystem: Southwest Research Institute, Texas Biomedical Research Institute, BioBridge Global, NVision, and VelocityTX.  Participants learned more about these organizations, including laboratory tours. With a full roster and a waitlist, BioMedSA welcomed participants … Read more

The potential for tremendous growth in Bioscience Artificial intelligence (AI) is staggering with some areas expected to grow as much as 40% Compounded Annual Growth Rate (CAGR) over the next 10 years.  Potential areas of growth include: 1). Drug Discovery, 2). Genomics, 3). Medical Imaging, 4). Precision Medicine, 5). Synthetic Biology and 6). Robotics and … Read more

Biofest Invest 2023 was held on April 19, 2023, the day before the start of San Antonio’s Fiesta celebration. Over 260 people registered to attend.  Medtech, biotech, digital health, and pharma entrepreneurs made connections with investors, support organizations, and colleagues, as well as received helpful information to enable their growth.  Forty-nine sponsors across the life science … Read more

The U.S. Small Business Administration (SBA) announced San Antonio’s BioMedSA as a Stage One winner for the 2023 Growth Accelerator Fund Competition. BioMedSA will receive a $50,000 cash prize to build strategic partnerships that will support the launch, growth, and scale of bioscience startups in San Antonio and the surrounding region, serving as a model for … Read more

Bexar County Commissioners presented Heather Hanson, President of BioMedSA, a proclamation of Biofest Week. Biofest Week is a chance to celebrate San Antonio’s largest economic sector, healthcare and bioscience during the week before Fiesta. Biofest Week was started with Biofest Invest in person for the first time in 2022. Biofest Invest connects bioscience entrepreneurs with … Read more

So you want to sell your product to the federal marketplace: now what? The federal marketplace for healthcare and bioscience products is a large ecosystem. There are local, regional, and national systems, a variety of contract vehicles used, and plenty of federal stakeholders involved in the process. There is no single pathway that represents how … Read more