Founded in 2009 and based in Phoenix, Arizona, BioAccel invests in life sciences and research and technology companies focusing on biomedical, medical devices, tools, diagnostic platforms, and service sectors. They provide training, mentoring, and support to bioscience entrepreneurs, helping to launch 17 companies and providing education and mentorship for more than 100 Arizona entrepreneurs. BioAccel's entrepreneur accelerator programs have resulted in nearly 100 new, high-paying jobs, expansion of Arizona’s biomedical industry base, and a growing entrepreneurial and investment community. Their workshops and personal guidance include a proof-of-concept program that addresses the challenges of technology commercialization, with the goal of increasing the pipeline of high-potential proof-of-concept projects and assisting with the due diligence required to launch successful bioscience companies in Arizona.