The company provides business accelerator programs that bring together top scientists, entrepreneurs, and investors to foster the development of pioneering companies in the Italian biotech market. Through these programs, BiovelocITA offers workspace, mentorship, and a small amount of funding to help early-stage biotech companies create viable business plans and become successful. Sofinnova Partners, a historical player in the Italian biotech market, co-founded and promotes BiovelocITA and is in a privileged position to help Italy grow into one of Europe's strongest biotech markets.