Puerto Rico Science, Technology and Research Trust


San Juan, PR

Project Name

BioLeap: A Life Sciences Innovation Incubator Program

Award Amount

Federal Share: $648,104
Local Match: $648,104

BioLeap is a life sciences innovation incubator program led by the Puerto Rico Science, Technology and Research Trust (PRSTRT) to increase economic development through innovation and entrepreneurship in the life sciences sector in key focus areas such as biotechnology, AI-driven medical technologies, genomics, and more. As the only resource for life sciences entrepreneurs on the island, BioLeap focuses on closing the gap between cutting-edge local scientific research and its commercialization, thus advancing the establishment of local, inclusive innovation ecosystem. The program will provide a single point of access to educational resources for creating a life sciences startup, such as technical assistance, access to capital, and co-working space. BioLeap will utilize PRSTRT’s renowned global accelerator, Parallel18, to provide a supportive environment where life sciences entrepreneurs can structure their businesses, launch a functional prototype, and develop patentable technologies with the goal of commercialization for exports worldwide.