HyperGrowth:Life

Building the next generation of BC’s anchor tech companies

HyperGrowth:Life is a six-month revenue and growth accelerator program that guides life sciences entrepreneurs to build BC’s next generation of anchor tech companies. The program is specifically designed for Health Tech, Clean Tech, Life Sciences, and Agritech entrepreneurs to build and run solid growth engines to scale their companies.

We are accepting applications for the next cohort! Apply now

Click here to learn more about the HGL first cohort companies.


The Program

Start working on your company instead of in it!

Building on the success of the original HyperGrowth program, HyperGrowth:Life is designed exclusively for companies in Health Tech, Clean Tech, Life Sciences, Agritech and related industries. For six months, your team will experience an intensive program created to drive revenue growth. Your company will receive a level of expert support unlike anything you've ever experienced before. 

This is not just a CEO or Founders-only program. We mentor and work with your entire leadership team to scale the company.

Program Guiding Principles

Purpose Drives Profit 
Defining founders and company’s purpose to align vision, values, product, talent, and objectives.

Engine For Growth
Putting together an operating framework for your business – from brand, marketing, sales, customer success to back-office operations.

Problem-Based Roadmap
Setting goals to address scale problems and iterating to solutions.

Data Driven Mindset
Using data to identify problems and solution – truth does set you free.


Program Structure

The HyperGrowth Life program gives you the foundational skills necessary to scale your company. We'll teach you how to operate a healthy and growing business and give you insights on the KPIs you need to focus on during the various stages of your company's lifecycle. 

As a part of the program, we will audit and assess any gaps your company may have in its operations and provide tactical solutions to ensure success. We will also help you to understand your customer's perspective of your products and services and look at ways in which to create a better client experience. Every educational session will be followed by a one on one with a dedicated expert to address specific challenges within your company. 


What You Get

By the end of the program, you will have a playbook and roadmap that will help you scale and succeed through your next phases of the growth. To get there, we will provide you with: 

Tactical Support
  • Bi-weekly educational sessions with experts who have led, scaled and/or exited companies. 
  • Bi-weekly mentorship and tactical help in the key areas that drive revenue: Lead Generation, Sales and Marketing, Sales Force Management, KPI and Metrics, etc.
Strategic Guidance
  • Monthly sessions with Executives-in-Residence to check milestones and get assistance in implementing new strategies. Receive inputs to which partnerships and customers will drive the most value for your business. 
  • Quarterly sessions with Advisory Boards to drive strategy and remove roadblocks. 
Financial Support
  • Up to $10,000 in matched funding to bring a senior sales or marketing executive onto your team. 
  • Free office space during the HyperGrowth Life program.
  • Assistance in the fundraising process.
Connections
  • Access to the BC Tech network, including our partners and advisors, to drive in-roads with new customers.
  • Soft-landing programs to help open new markets.


Program Mentors and Advisory Board

We believe in matching companies with mentors who can help them identify and address gaps in their operations. A confirmed list of mentors and advisory board will be finalized after the HyperGrowth:Life cohort is confirmed.

Selection Criteria

Your company must:
  • Be in Health Tech, Clean Tech, Life Sciences, Agritech and related industries.
  • Have product market fit and/or have traction to back it up (WoW or MoW growth).
  • Have at least $250k in annual revenue.
  • Have an established team beyond co-founders.
  • Be located in BC.
  • Have six months of runway 

Acceptance into the Program

Acceptance into the program will be based on the following:
  • Financial Growth: Demonstrated success in commercialization showing increasing earnings.
  • Ability to Execute: Focus, capacity, and ability to execute on your growth plan and sustain or increase traction to date.
  • Market Opportunity: A big enough market to allow a large business to grow. A product sufficiently differentiated that there is potential to keep growing.
  • Ability to Make an Impact: Our goal is to work with companies where our advisors, contacts, and resources can add value. We are also looking for coachable teams, willing to commit to the work it takes to achieve hyper growth.

HyperGrowth Life 2.0 Key Dates

Activity Date
Applications Open August 8, 2017
Application Deadline September 12, 2017 at midnight PST
Shortlisted Companies Contacted September 14, 2017
Intake Presentations September 22, 2017
Cohort Announcement September 23,2017
Program Orientation + Meet & Greet October 3, 2017
First Session October 5, 2017

Apply Now


FAQ

Thinking about applying to HyperGrowth Life? Get all the details you need with the answers to our most commonly asked questions.

Apply Now! Applications Close September 3rd at midnight. 


You will know the scheduled sessions ahead of time. A full schedule will be provided to you at the orientation which takes place on October 3rd.

HyperGrowth Life is approximately six months long. The program will run from October 2017 until early April 2018.

Anything you submit to us will be treated as confidential and only be shared with the selection committee and BC Tech Growth team. Please let us know if you have further questions about this.
Many accelerator programs dedicate support for the founders but neglect the leadership team who founders/CEO delegate to. HyperGrowth Life involves your leadership team so you can move forward together and faster.

HyperGrowth Life is joint-initiative between BC Tech Association and Genome BC to launch and support commercial-ready life sciences companies in the province. BC Tech and Genome BC cover your cost; there is no additional cost beyond your BC Tech Association membership.


We do bring in external Experts and consultants to help your company, therefore we require a minimum of 48 hours notice if you are unable to make it to a scheduled session. You can also send your leadership team to the session if you’re unable to attend in person.

Thank you to our Founding Partner, Genome BC

Genome BC 

Supporting Organizations:

Accel-Rx     CDRD     e@UBC     Interface Health

SFU Innovates     TELUS Health     Wavefront