Accelerating innovative startups and scale-ups together
As of September 2019, LifeSciences@Work (LS@W) welcomes Pivot Park as new partner to improve the sustainability of its accelerator program. By bringing a valuable contribution to the development of young innovative companies, Pivot Park joins forces with LS@W to help life sciences researchers and aspiring entrepreneurs to build their business.
Obstacles and risks
For many innovators in the Life Sciences & Health (LSH) sector, setting up a new company is an important strategic choice to bring the innovation to the market. This is a route that has many obstacles and risks. It is an intensive process in terms of business case development, financing, regulations and staffing. Specialist knowledge and experience are necessary to actually set up startups and to make market introductions a success.
Pivot Park is a biopharmaceutical focused life sciences campus and offers companies lab and office space of any size with access to high-quality pharmaceutical R&D facilities, infrastructure and expertise. With their support Pivot Park gives startups and scale ups the opportunity to grow and accelerate. Their business support will provide companies all the ingredients for kick-starting their company in the best way possible.
Within the partnership with LS@W, Pivot Park wants to connect the knowledge and experience available within its community to start-ups and scale-ups and add a new chapter to the long tradition of drug development and innovation.
Brigitte Drees, Director Pivot Park: “We are very pleased to partner with LS@W, as our ecosystem consists of a lively and innovative pharma R&D community, acting as a hub within a broader international network. The campus connects knowledge and experience between established companies, start-ups and spin-outs. With our business support to grants, private investments and venture capital we provide start-ups all the ingredients for kick-starting their company the best way possible.”
LS@W is a unique program for promising startup initiatives in the LSH sector. Their focus is on academic researchers with entrepreneurial ambitions in the areas of Life Sciences, Medical Technology and eHealth. LS@W translates excellent science and groundbreaking innovations into clear business cases and helps to prepare startups for the market and (international) growth. Furthermore, LS@W introduces the new entrepreneurs to the valuable community of venture capitalists, industry experts, experienced entrepreneurs and LS@W alumni.