Description

• Requirements: May include a pitch deck or business plan outline.
• Focus: Evaluation is based on the potential impact of the research, the feasibility of the idea, and the founder's commitment to commercialization. 
• Seed: While it serves as a "pre-accelerator," it helps founders prepare to secure initial funding from grants, foundations, and private investors. 
  
  

Eligibility

• Location: Applicants must live or work in Connecticut.
• Background: Must have a background or education in science, medicine, or technology (typically a degree earned within the past ten years).
• Invention Type: Focuses on IP-based inventions in areas like therapeutics, diagnostics, medical devices, and digital health.

Process

1. Selection: A competitive entry process identifies promising scientific and technical minds.
2. Curriculum: A 6-month program featuring a mini-MBA curriculum, entrepreneurship education, and a preliminary bootcamp.
3. Active Support: Includes multiple workshops, roundtables, practice pitches, and one-on-one coaching with accredited entrepreneur coaches.
4. Culmination: The program ends with an annual Pitch Day where ventures present to potential investors and industry leaders

What an Applicant can Obtain

• No Direct Funding: ABCT is free and does not provide direct cash investment.
• Mentorship & Networking: Access to dozens of expert mentors, venture advisors from corporate supporters (e.g., Pfizer, Microsoft), and the NYC biosciences community.
• Skill Development: Professional training in fundraising, team building, IP, and business model definition