BioLabShare, LLC has commenced a $3,000,000 fundraising campaign in coordination with Savvy Social Management Corp. to complete its Huntsville, Alabama biotech hub
BioLabShare, LLC is developing a coliving coworker biotech/life sciences/health tech hub located in Huntsville, Alabama. In order to accomplish that goal the company has embarked on its $3,000,0000 seed funding campaign in associated with Savvy Social. Savvy Social assists firms in reaching their equity fund raising goals by bringing together investors with entrepreneurs.
- Huntsville, AL (1888PressRelease) January 23, 2024 - BioLabShare, LLC has commenced a $3,000,000 seed funding campaign in coordination with Savvy Social Management Corp. (DBA Savvy Social). BioLabShare, LLC's mission is to address the affordable wet labs and office space shortage for biotechnology, life sciences, and health technology firms and the challenges associated with the lack of diversity within those fields. The company’s vision will be to build a coworker and coliving scientific community located in Huntsville, Alabama named the Drs. Aline and Caryll Dormer Science Research Park where biotechnology, life sciences, and health technology entrepreneurs can thrive while providing student internships and partnering with colleges/universities with programs that promote diversity in biotechnology, life sciences, and health technology. This seed round is scheduled to end in July 2024.
The purpose of the fund will be to continue the process of building the Drs. Aline and Caryll Dormer Science Research Park which has commenced. The goal will be to build 10 duplexes (20 units)(~$2,500,000) that will house the scientist and the other personnel who will work within the bioincubator. In addition, the funds will be used to facilitate the company’s goal to go public via an OTC QB IPO in Q1 2025 to raise $7,000,000. That raise will allow the company to complete the building of the 40,000 square feet Niels Dormer Health and Wellness Center (~$4,000,000) and the ~15,000 square feet BioLabShare Bioincubator (~$4,500,000). The Health and Wellness Center will also house our K-20 STEM Outreach Center.
In addition, BioLabShare will work with Historically Black Colleges and Universities (HBCUs) to provide those institutions with student internships and faculty fellowships. BioLabShare plans to provide internships that will introduce students of diverse backgrounds to the field of biotechnology, life sciences, and health technology and to assist faculty in higher education to engage in patentable and commercialized bioresearch diagnostic and therapeutics research within our bioincubator facility.
Our $3,000,000 fundraising campaign is being coordinated by Savvy Social. Savvy Social is a very versatile firm whose solutions de-risk raising equity by leveraging market insight and curated investor feedback to systematically build a compelling traction narrative that helps founders know when, how, and from whom to raise capital. Savvy Social has facilitated the raising of tens of millions of dollars from investors that have allowed founders to fulfill their dreams of successful entrepreneurship. BioLabShare, LLC is in the process of obtaining $600,000 in financing to build its first two duplexes. The equity investment from our investors will be combined with debt to complete the $15,000,000 plus project by the year 2027.
Anton Dormer, MD MS states the following, “BioLabShare is the first and only diversely managed bioincubator in the United States. We are making history in the here and in the now. Individuals of diverse backgrounds must create a platform that can create wealth, solve problems, and produce technologies that help everyone no matter what their background.” BioLabShare has a very strong executive board committee. Yonnette Semple-Dormer MEd MS DEd OT/R is Chief Operating Officer. Cordell Dormer, JD is the General Counsel and Senior Vice President. Edward Felder MBA is Vice-President of Business Development. Clinton Bullard MBA CPA is Chief Financial Officer.
Why BioLabShare? The goal of the company can be summarized in two words that have been articulated by our Vice President of Business Development Edward Felder MBA, that is BioLabShare goal is to “birth geniuses”. We are in the biotech century and individuals of diverse backgrounds must be on the playing field to empower their community and provide healthcare solutions that are innovative and inclusive. BioLabShare's foundational passion is to create opportunity, open doors, and diversify the fields of biotechnology, life sciences, and health technology at our coliving coworking science research hub located in Huntsville, Alabama.
About BioLabShare, LLC
BioLabShare, LLC was founded in 2019 with the vision of developing a real estate company that will not only focus on providing affordable wet lab spaces and offices for biotechnology, life science, and health technology entrepreneurs, but also to focus on diversifying those fields. The company's name reflects the basic foundation purpose of the company. It is to focus on the promotion of biological based research and innovation associated with wet laboratories is a most conducive fashion for the sharing of scientific knowledge. This company is a social entrepreneurial endeavor that blends innovation and inclusivity. BioLabShare is “birthing geniuses” to become a leading center of bioscientific innovation.
About Savvy Social Management Corp. (DBA Savvy Social)
Savvy Social is a firm that is designed to accelerate an entrepreneur’s vision by increasing their firm’s revenue and corporate exposure. The company has had success increasing the earnings of many companies that have been clients to the tune of over $100,00,000 in revenue. Savvy Social is the ultimate hub for all-in-one marketing solutions to fuel unmatched revenue acceleration. By leveraging sophisticated digital strategies campaigns led by key opinion leaders, and the firm’s proven Cash flowing Virality system, Savvy Social can ensure a firm’s consistently and effectively reach enhanced returns.
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