Fruitful Venture Challenges
Ten high potential startups prepared for success with the Venture Challenge. In two editions, ten startups were assisted in sharpening their business idea.MULTISCREENING, Praxa Sense, Mission MS, UFO Biosciences, and winner AmbAgon took part in the Spring edition. The Spring edition closed during the Dutch SME event in June.
The participants of the Fall edition were IMcoMET, Incircular Biotechnologies, Goal 3, Levels Diagnostics and winner Bimini Biotech. The Fall edition was festively completed during the Dutch Life Sciences Conference. Furthermore, we like to congratulate Venture Challenge alumnus Agile Bioticsfor winning the Innovation Forum. Are you interested in participating in the Venture Challenge? Visit the website for more information on the Spring and Fall edition of 2020!
Successful Expert Classes
December 13 was the fifth and final Expert Class of 2019 and addressed the various aspects of funding and financing. Nearly 25 biotech and medtech startups, of which many LS@W alumni, attended the Expert Class hosted by RVO.
The session kicked off with an inspiring keynote by Onno van de Stolpe who shared his experiences with Galapagos. Two workshops followed on funding and financing for biotech and medtech companies with the participation of RVI, IQ, BGV, Blue Sparrows and Fundsup. Keep an eye on the website for the Expert Classes of 2020!
In 2019, many startups found their way to the Value Voucher for hiring external expertise. In collaboration with the MedTechPartners foundation, eight parties made use of this scheme (X-heal Diagnostics, Zoof Wheelchairs, UV Smart, Vitroscan, SurGuide, MyBeaker, Parkinson’s Smartwatch and BedHoodie). Each party was able to cover 50% off their costs for external expertise through this voucher scheme.
In addition, many entrepreneurs were present at the four Medtech- and BiotechPartners meetings in 2019, which took place at UMC Utrecht and Qserve (Arnhem). During these meetings, the questions of entrepreneurs are linked to the expertise of supporting experts and companies. Prepare your startup for growth and visit the Value Centre!
We are proud to see so many achievements of our startups through this year. Read here some of the highlights:
- Venture Challenge Fall 2018 winner Seranovo not only collected an investment from UNIIQ and an EIT grant in 2019, but also concluded her first licensing agreementwith a customer to develop a new formulation.
- In addition to seranovo, Protinhi, Momo Medical, Ncardia and SkylineDx also successfully raised funding.
- More and more LS@W alumni are also finding their way to funding by the Top Sector Life Sciences & Health (Health~Holland), including Protinhi, River Biomedics,NCardia, Hybridize and Ocello.
- Furthermore, many Venture Challenge alumni were successful in the NWO Take-Off including Hybridize, IOVA, X-Heal Diagnostics, Exovectory, River Biomedics, Helia Biomonitoring, BI/Ond, Cenya Imaging, Praxa Sense, Bimini Biotech, and Goal 3.
Thanks to our partners and contributors