The Innosphere difference.
Our process. Our networks. Our knowledge.
Our Track Record
For 20 years, Innosphere has been accelerating the success of high-impact science and technology-based startup and scaleup companies in Colorado. We have locations in Fort Collins, Boulder, Denver, and Castle Rock and continue to grow our presence year after year. We’re a non-profit 501(c)(3) organization with a strong mission to create jobs and grow Colorado’s entrepreneurship ecosystem, and we’re excited you’re here to learn more about our incubation program!
Is Your Company the Right Fit?
Innosphere focuses on high-growth companies in three major industries categories:
- Health Innovations (Digital Health, Medical Device, Diagnostics)
- Software & Hardware (Internet of Things, Sensors, Enterprise Software)
- Energy & Advanced Materials (Cleantech, Water, Transportation)
Additionally, Innosphere best serves companies who have:
- Highly motivated founder(s) with at least one team member working full-time on the enterprise
- Performed initial work to validate the product meets specific market needs
- Raised at least six to nine months of working capital
- Developed a working prototype
- Colorado-based operations
Innosphere does not take equity in companies, as we are fee-based 501(c)(3) nonprofit organization. Client Company fees are $2,500 a quarter, which comes to $10,000 a year if the company is in the program for 12 months.
Apply for the Fall 2019 Cohort
Innosphere, Colorado’s incubator that accelerates the success of science and tech companies, is now actively accepting applications from startup and scaleup companies to join the fall cohort. Companies that wish to receive business support should apply to Innosphere’s incubation program before the application deadline of Wednesday, August 21st. The application can be found online at www.innosphere.org .
The first part of Innosphere’s incubation program focuses on developing a personalized plan around the key focus areas of: Raising Capital; Financial and Exit Planning; Talent Acquisition; Operational Excellence; Growth Strategies and Business Development. “A lot of quality research goes into making sure our companies are ready to scale and ready to raise their first or next round of funding,” said Mike Freeman, Innosphere CEO.
“Innosphere’s program has helped us define our goals and identify how to best tighten our focus on executing our plan. Their guidance continually helps us take a more purposeful and strategic approach to accelerating our growth,” said Jeff Grobaski, CEO Epic River .
Innosphere typically runs two cohorts of companies each year that are each made up of 10-13 companies. With 20 years of experience, Innosphere’s model has supported hundreds of companies in reaching their key milestones. Companies entering the incubation program are supported by not only their Innosphere liaison, but also work with former C-level executives, experienced staff, and industry-specific advisors.
Innosphere supports entrepreneurs in the industries of bioscience, medical device, energy, advanced materials, hardware, enterprise software, FinTech, artificial intelligence, and other B2B technology-based companies.
Core Startup & Scaleup Services
Technology Validation: Assess state of technology readiness through the application process, admissions review, and onboarding.
Entrepreneur Education: Proprietary curriculum delivered through onboarding, lunch and learns, innovation after hours, and specific industry events.
Service Providers: Introductions to preferred service providers and vendors for your unique business needs.
Advisor Network: Finding experienced mentors to help scale your business is one of our highest priorities. We offer clients a host of networks and invaluable connections. The program includes Executive Advisors and the SAGE Advisory Network.
Pilot/Test and Demonstration: Identify, scope, and execute pilot projects shoulder to shoulder with entrepreneurs to extract meaningful data and return on investment metrics.
Access to Capital: Customized fundraising support through our investor network of angel investors, family offices, and venture capital.
Corporate Relationships: Introductions to strategic corporate partners for purposes of sponsored research, investment, acquisition, or industry insight.
Program for Scaleup Companies
Product Market Fit: Iterate your product based on customer feedback. Understand who is requesting the feedback, understand your market segments and make trade-offs between short-term satisfaction and long-term revenue growth.
Hiring and Culture: Many hats in early-stage startups will shift to more specialization in sales, marketing, ops, finance, etc. Also specialization in markets, design for manufacturing, serviceability versus getting the product right for the early adopters.
Scalable, Cost-Effective Business Processes: Focus your creativity on areas your business differentiates. Find and use standard, efficient business processes such as Quickbooks for accounting, payroll, benefits, sales funnel management, cloud storage, email, etc.
Management: As your team expands, managers with coaching experience become a new, important resource. Communication of goals, status updates to goals, and mid-course corrections become an important role requiring management skills and focus.
Partnerships: ‘Invented here’ as a default to solve any problem changes to leveraging partnerships to help you scale. Understanding your core values and differentiation helps you decide where to partner and where not to.
Funding: Equity can be supplemented by various financing options, such as lines of credit, asset financing, etc.
Meet the Client Companies
Everyday great news comes from our entrepreneurs — new technologies, new hires, new customers, and new investment. Our client companies and graduate companies would tell you it’s an amazing ecosystem of innovation to be a part of, and that Innosphere is an extremely valuable part of their growth and overall success.
Client Companies receive discounted offerings from these great providers!
Innosphere continually adds discounted services for clients, so this list is not always comprehensive.