Biomedical "Shark Tank": Virginia Beach Bets $500,000 On Program To Bring In New Businesses

Do you have what it takes to launch a new biomedical company?

Think “Shark Tank” with a twist: The opportunity to launch a business around an existing invention.

The VaBeachBio Innovation Challenge is recruiting thousands of entrepreneurs to compete for access to new discoveries in the medical field.

The winning teams will form new businesses with the help of mentors and launch their new enterprises in the Virginia Beach Biomedical Park, on which the city hopes to break ground in the fall.

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