Regional Voices: Marcelo Morales – A4Ventures
Marcelo Morales is the founder of A4Ventures, a Washington-based healthcare and life sciences venture creation firm. Through A4Ventures, he currently serves as president and of Allele Diagnostics, partner of Celere Talent, chief strategy officer of ChalkLabs, and serves on numerous boards, including the Spokane Chamber of Commerce, Spokane United Way, and Washington State University’s Elson S. Floyd College of Medicine.
What brought him to Spokane: In 2008, I was offered a wonderful opportunity to work for Hollister-Stier, a local pharmaceutical company.
Why he launched A4Ventures in 2014: Thanks to mentorship I received during six years as president and CEO of Hollister-Stier, I was able to focus on creating companies in the healthcare and life sciences industry.
How his firm has evolved: We have founded or supported six startups involved with life sciences, healthcare and software.
Why Spokane: Spokane offers several advantages. There is an abundance of recently graduated talent from several higher-educational institutions. There are plenty of healthcare delivery centers with major hospitals and urgent-care centers. And the cost of living and cost of business operations are quite reasonable.
Ways Spokane has changed in recent years: We’ve seen some significant advances. The entrepreneurial community has widened. Local hospitals have expanded. And the community has embraced WSU’s new medical school. These milestones have helped create opportunities to grow and invest in the life sciences.
Businesses that would be a natural fit: Spokane is well positioned to support expansion of companies looking to carrying out research and development in healthcare – specifically organizations that need access to university expertise and patients for clinical trials.