VIC Tech, also known as VIC Technology Venture Development, is a life science venture studio based in Fayetteville, Arkansas. Founded in 2000, the company specializes in creating and developing high-impact companies by licensing technologies from leading research institutions worldwide. Its primary focus is on life sciences, including medical devices, diagnostics, and therapeutics, while also exploring areas such as clean water, animal health, food safety, and automotive crash safety.
VIC Tech operates a comprehensive venture development ecosystem, providing portfolio companies with essential support in areas like accounting, marketing, and technical expertise. The company screens around 1,500 technologies each year to identify those with significant commercial potential. It forms new companies around these licensed technologies and offers seed investments ranging from $250,000 to $500,000 through its VIC Investor Network. This model enables VIC Tech to accelerate the commercialization of transformative technologies aimed at improving healthcare and addressing unmet needs.
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