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Best of Biotech - Business Plan Competition for Life Sciences

October 14 will be the official starting date for the international business plan competition for life sciences "Best of Biotech (BOB) - get your business started!" As in 2001 and 2002, the object is to encourage the development of the biotech scene in Austria and its neighbors, the CzechRepublic, Hungary, Slovenia andSlovakia.

{access view=guest}Access to the full article is free, but requires you to register. Registration is simple and quick - all we need is your name and a valid e-mail address. We appreciate your interest in bridges.{/access} {access view=!guest} BOB is open to all students and scientists at universities and non-university research institutions, as well as to all other creative individuals who are interested in the commercial exploitation of applications-oriented scientific research and innovation. BOB is intended to give people the motivation to take the decisive step and become entrepreneurs.
The Best of Biotech project was first launched in 2001 and was successful from the beginning with 97 successful proposals submitted. The large number of business plans submitted was convincing evidence of the innovative capabilities of local research. The proof that the business ideas and plans were not only extremely innovative but also had genuine business potential was the large number of new ventures that were set up as a result. In the first two rounds of the competition there were
  • 121 projects submitted
  • 15 business start-ups
  • EUR 77,000 awarded in prizes
This year the BOB initiative offers its participants not only lucrativeprizes (18,000 and 9,000 for first and second places, respectively) but also fantastic possibilities for networking with international venture capital and industry experts.

"Best of Biotech - get your business started!" is an initiative of "Life Science Austria," a program of the Austria Wirtschaftsservice (www.awsg.at) and several public and private partners in Austria and abroad. The program Life Science Austria is run by Austria Wirtschaftsservice on behalf of the Austrian Federal Ministry for Economy and Labor aiming at the commercialization of research results in the area of life sciences.


For information, registration and submission visit: http://www.bestofbiotech.at

Martin Spatz, PhD, MBA
Austria Wirtschaftsservice Gesellschaft mbH
A-1030 Vienna, Ungargasse 37
Tel.: +43 (0)1 501 75 548
Fax: +43 (0)1 501 75 908
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