iBIO PROPEL
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Overview

PROPEL, a joint partnership of iBIO and the iBIO Institute, is a series of programs aimed at increasing the number of life sciences start-ups in Illinois and boosting the success rates of existing companies. PROPEL and the iBIO Entrepreneurship Center help guide the development of formation-stage and early-stage life sciences companies by providing entrepreneurs with access to specialized resources and expertise. Industry, academia, service professionals, entrepreneurs, and government agencies connect to create and support a vibrant entrepreneurial community in Illinois and throughout the Midwest through PROPEL programs, including:

The biotechnology industry in Illinois includes world-class research, management talent, an educated and trained workforce, state-of-the-art facilities, easy access to markets and scientific collaboration, and advanced services infrastructure. iBIO and the iBIO Institute created PROPEL in 2007 to develop these attributes into a self-aware, highly interactive community.

PROPEL is modeled on the best practices of several other programs around the United States including the San Diego CONNECT® Springboard program, which has been shown to dramatically improve start-up company success.

Past and current PROPEL participants include:


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