VIC Tech, a national life science venture studio, has launched its new Regional Innovation Partners program, designed to expand its footprint and accelerate the commercialization of life science technologies. Phoenix-based healthcare innovation accelerator 4 Peaks Tech has been selected as the inaugural regional partner under this nationwide initiative.
The Regional Innovation Partners program bridges the gap between breakthrough research and commercial deployment. By collaborating with local accelerators rooted in emerging scientific ecosystems, VIC Tech aims to streamline the process of scouting, vetting, and launching venture-backed life science companies. 4 Peaks Tech brings extensive regional knowledge and deep ties to Southwestern research centers, establishing a strong operational anchor for the initiative in Arizona.
"Our Regional Innovation Partners program is a key strategic move to identify high-impact life science breakthroughs at their source," said Calvin Goforth, CEO of VIC Tech. "By joining forces with local ecosystems that possess specialized knowledge of their regional landscapes, we can source technologies that might otherwise lack the commercialization pathway they deserve. 4 Peaks Tech stands out as an exceptional first partner, bringing exactly the type of sophisticated network and entrepreneurial drive required to source and scale meaningful healthcare advancements."
Through this partnership, 4 Peaks Tech will leverage its regional network to identify early-stage innovations that fit VIC Tech's rigorous commercialization model. Selected technologies will gain access to VIC Tech's operational framework, seasoned management team, and initial seed funding via the VIC Investor Network to establish proof of concept.
"Aligning with VIC Tech allows us to provide a comprehensive, institutionally backed pathway for local discoveries," said Dr. Rajiv Sharma, Co-Founder of 4 Peaks Tech. "At 4 Peaks, we are deeply committed to empowering visionary entrepreneurs and intelligently scaling technologies that solve critical healthcare needs. This partnership provides our regional ecosystem with the direct operational capital, executive leadership, and venture building expertise necessary to transform laboratory science into market-ready solutions."
The collaboration between VIC Tech and 4 Peaks Tech marks the beginning of a broader effort by VIC Tech to establish similar regional hubs across the United States, linking local technological discovery with institutional venture creation.
About VIC Technology Venture Development
VIC's unique investment model sources innovation directly from universities nationwide, offering funding to form new start-up companies and advance these technologies. In addition to the initial capital, VIC provides its portfolio companies with business and scientific resources, including interim management, accounting, marketing, engineering support, and more. To learn more, visit victech.com