The Venture Challenge is a 10-week programme to develop an initial idea – a breakthrough research result – into a solid business case. Participate and learn to build a customer value proposition, identify key risks and assumptions, develop a validation and de-risking strategy, build and pitch a Venture Plan and get connected to Life Sciences experts, investors and seasoned entrepreneurs.
Over the last 10+ years the Venture Challenge has proven to be the most successful startup programme in Therapeutics, Diagnostics and Medical Devices. See who participated in the previous 22 Venture Challenge editions and read about the success of 10 years Venture Challenge
As of 2020 the Venture Challenge will be organised as a collaboration between NWO and Health~Holland. Due to the measures around COVID-19 the Venture Challenge Spring 2020 edition has been postponed by three months and will take place in the summer.
The Venture Challenge consists of a series of bootcamps and coaching sessions; it takes around three months from start to finish. Guided by a dedicated team of experienced trainers and challenged by your peers and industry experts you will translate your invention into a viable business idea.
After the bootcamps and coaching sessions you will be introduced to representatives of all relevant early stage life Sciences investors and you pitch your venture to the Venture Challenge jury, consisting of seasoned entrepreneurs and investors, who will then decide who takes home the €25,000 prize money. The winner of the Venture Challenge will be publically announced at a large life sciences business conference offering great exposure.