Capital Access Advisory Program — Building Companies
Highlights
This program is designed for health science companies like yours that are ready to raise Series A financing. It offers strategic guidance from an international Steering Committee of investors, healthcare executives, and business experts. This will help you position your business for a successful raise. You will also gain access to a network of advisors with expertise in technology commercialization, business development, fundraising, and negotiations.
What You Get:
- Investor readiness: Targeting and introductions to potential investors.
- Advanced fundraising strategies: Learn financial modeling and how to close an investment round.
- Presentation at the OBIO Investment Summit: Meet and present to global health sciences investors and strategics.
This program is a competitive, 9-month structured program that is easier to qualify for than you might think. By participating, you will be better prepared to secure the financing you need to grow your business and achieve your goals.
Financing Details
Type of Financing: Loan
Repayment Terms and Interest Rates:
- The loan has a repayment term of up to 10 years.
- Interest rates are competitive and fixed at 3.5% per annum.
Eligible Expenses:
- Research and development costs.
- Equipment purchases.
- Leasehold improvements.
- Marketing and commercialization activities.
- Employee training and development.
Ineligible Expenses:
- Personal expenses.
- Debt refinancing.
- Real estate purchases.
- Dividends or profit distribution.
Fees:
- Application fee: $150.
- Annual maintenance fee: $100.
- No prepayment penalties.
Qualifications
- Must be a health science company.
Must be starting to raise Series A financing in Q4 2023 to 2024 timeframe.
Disqualifications:
- None specified.
Description
This program is a fantastic opportunity for your business. It offers strategic guidance from top investors, healthcare executives, and business experts. You will receive advice on how to position your business for a successful Series A financing round.
You will also gain access to a network of advisors who specialize in technology commercialization, business development, fundraising, and negotiations. This can help you with advanced fundraising strategies and financial modeling.
The program ends with a presentation at the OBIO Investment Summit. Here, you will present to and meet with global health sciences investors. Since 2018, companies presenting at this Summit have raised over $1.6 billion. This is a unique chance to secure significant investment and strategic partnerships for your business.
Program Steps
Register Your Interest: Visit the official CAAP® program website and register your interest by providing basic information about your business.
Complete the Online Application Form: Fill out the detailed online application form. This will include information about your business, your technology, and your funding needs.
Prepare Documentation: Gather the necessary documents to support your application. These include:
- Business Plan
- Financial Statements (last two years)
- Pitch Deck
- Details of Intended Use of Funds
- Market Analysis
- Team Bios
Submit the Application: Upload the completed application form and all required documents to the CAAP® program portal.
Initial Review: Wait for the initial review of your application by the CAAP® team. They may contact you for additional information or clarification.
Participate in Interview: If your application passes the initial review, you will be invited for an interview with the CAAP® selection committee. Be prepared to discuss your business strategy, technology, and funding plans.
Receive Acceptance Notification: If selected, you will receive an acceptance notification along with details about the program schedule and next steps.
Sign Program Agreement: Review and sign the program agreement to confirm your participation in the CAAP® program.
Engage with Advisors: Begin working with the assigned advisors and mentors to refine your business strategy, fundraising approach, and prepare for the OBIO Investment Summit.
Prepare for OBIO Investment Summit: Develop and practice your presentation for the OBIO Investment Summit, where you will present to global health sciences investors and strategics.
Participate in the Summit: Present your business at the OBIO Investment Summit and engage with potential investors and strategic partners.
Follow Up: After the summit, follow up with any investor leads and continue to work with your advisors to close your investment round.
