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Grants and Funding in the Life Science Industry in San Antonio
San Antonio has several grant opportunities available for local life science companies that are seeking biomedical resources.
The San Antonio Medical Foundation awards collaborative research grants each year with Notice of Intent submissions required by Dec. 15. The San Antonio Military Medicine Innovation Fund offers $50,000 grants to early-stage local companies engaged in the development of products and technologies that support military medical requirements, as well as having the potential for broader civilian markets. The San Antonio Partnership for Precision Therapeutics (SAPPT) calls for applications for collaborative research in their target area. The San Antonio Area Foundation has a biomedical research grant program. The City of San Antonio has a general fund to assist companies seeking to create jobs and investment in San Antonio, in addition to incentives. Texas companies working in the area of cancer research, product development, and prevention are eligible to apply for a Cancer Prevention & Research Institute of Texas (CPRIT) grant.
Alamo Angels foster the growth of startup businesses and provide them with access to the critical resources needed for expansion. Fountainhead Investment Partners invests in the areas of medical devices, multicellular biologic sciences and regenerative medicine. The Geekdom Fund is yet another VC firm in San Antonio. Texas Intrepid Ventures (TIV) leverages the opportunity afforded by the military medicine and commercial trauma sectors concentrated in San Antonio to invest in companies seeking to improve the lives of trauma victims.
The Small Business Innovation Research (SBIR) federal grant program provides phased funding without an equity cost to the small business.