The XLerator Hub is led by XLerateHealth, LLC the SBC, in partnership with the University of Kentucky as the STTR academic partner institution. XLerateHealth brings years of experience working with 200+ early-stage healthcare startups (including those in its portfolio as well as the University of Louisville’s faculty and students via the LaunchIt program. The University of Kentucky’s Office of Technology Commercialization brings key leadership in entrepreneurship, licensing and intellectual property strategy and importantly for this network, expertise with regional commercialization partnerships. A key aspect of the XLerator Hub includes the 24 participating academic institutions as well as each university “Institutional Ecosystem”(e.g.: accelerator/incubator/labs/co-working spaces/entrepreneurial programs, etc.). Each of the 6 SE IDeA states and Puerto Rico has a designated “State Lead” institution with representative leads within each State Lead institution. State Leads are part of the Internal Advisory Committee (IAC) and work to coordinate communications and activities with the other 16 academic partner institutions. Each of the 16 partner institutions has a designated “Site Lead” who coordinates representation of their “Institutional Ecosystem” in planning and managing participation within the Hub.
Our objective is to:
Bridge the divide between great ideas and the marketplace by leveraging and connecting existing resources and unique expertise and assets across all participating entities in the Southeast IDeA state region,
Fill the gaps that constitute barriers to efficient commercialization among partner institutions, and
Deliver the necessary resources, education, and business networks to foster and sustain a culture of entrepreneurship across the region.
enables connections to a world-class group of mentors and subject matter experts from around the United States. Our mentors have deep domain expertise in healthcare and are able to help researchers, students and entrepreneurs better understand the complicated healthcare marketplace. This understanding is important early on in the research process - so that the researcher, student, entrepreneur is creating a technology that the market will want and ultimately pay for. In addition, the XLerator Network will support local institutions by providing mentorship and training regarding building out programmatic activities in their region.
leverages and networks the existing federal research and technology commercialization programs in the Southeast IDeA states region and beyond. The Hub will use a variety of network development tools to create an environment where innovators, startups, accelerators, and university partners can connect and collaborate with each other. The goal is that innovators can use these tools to collaborate on research opportunities, share best practices, identify regional assets that others may want to access, etc.
leadership team has deep experience working with life-science focused entrepreneurs. For example, XLerateHealth, a leading healthcare accelerator, has worked with hundreds of healthcare related companies and has 77 companies in its existing portfolio. 88% of these portfolio companies are still operational and 44% are Life Science companies (70% Medical Devices, 20% Diagnostics, 10% Drug Development). XLerateHealth is the only healthcare accelerator in the nation that has been awarded an SBA Growth Accelerator Fund Competition grant four times.