Incubator Companies

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1. List of principal markets in the life sciences industry.

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2. A copy of the applicant’s business plan and executive summary, if one exists. If neither exists, then applicant should substitute a one page written summary of their business.

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3. A copy of the applicant’s financial statement for the most recent 12-month period. If the company has not yet been formed, and a financial history has not been established, personal banking records and a banking reference will be required.

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4. Applicant’s statement of projected sources and uses of cash for the proposed lease period.

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5. List of professional service organizations engaged by the applicant (this would include legal, accounting and audit, banking, PR and marketing, etc.).

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6. Articles of Incorporation and Bylaws.

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7. List of board members, including addresses and phone numbers.

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8. Ownership list, including names, addresses and percentage of ownership in the company.

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9. Projected major milestones to be accomplished by the company during the next 12-month period. (This would typically be a list of three to eight items. Examples include: submit two SBIR grant proposals, file a 510-K, raise $X in private equity, complete initial tox testing on lead compound, hire two research scientists, etc.)

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10. Statement of the company’s expectations from the VBRP. (What type of assistance and services is the company expecting to access as a result of being a tenant in our incubator?)

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11. References (minimum of two required).

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12. Proof of insurance ($1 million general liability policy).

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13. Define the space needs of your company for the next three years.

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14. Resume of all founders of the company.