best of biotech 2014 – information

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JIC is a partner of Best of Biotech competition. In this presentation, you will find all the details about schedule, deadlines and conditions.

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Page 1: Best of Biotech 2014 – Information
Page 2: Best of Biotech 2014 – Information

aws BOB – best of biotech 2

GoalBOB is an international life science business plan competition motivating scientists to translate scientific innovations into business concepts.

Academia, Research

Funds

Scientific innovations generated by the life science community in Central Europe

Best of Biotech/ Partners

Phase 1: Business Idea

Phase 2: Business Plan

Public and private

financing institutions

Start-up Company

Commerical exploitations of life science ideas developed in Central Europe (IPO, Trade sale, Licensing agreements, etc.)

Page 3: Best of Biotech 2014 – Information

aws BOB – best of biotech 3

BOB FactsNumber of participating projects: 324

Company foundations: 77

Price money paid: € 256.060,-

AchievementsA large number of new ventures have been set up by previous BOB participants since the first event in 2000.

Page 4: Best of Biotech 2014 – Information

aws BOB – best of biotech 4

For scientists / BOB

participants

•Development of professional business plan, supported by experts in One-on-One-Meetings, Coaching session and by webvideos.

• Intensives feedback from evaluators during Phase 1 and Phase 2, as well as from the jury in Phase 2

•Evaluation of the business concept by a distinguished, international jury

•Cash Prizes:Best 3 Business Ideas receive each €1.500Best 3 Business Plans: 1. €15.000, 2. €10.000, 3. €5.000LISAvienna Medtech Award: €10.000

•Establishment of entrepreneural network (contact to potential investors)

BenefitsParticipants translate their ideas into professional business plans and thereby, the entrepreneural potential of the life sciences is raised.

Page 5: Best of Biotech 2014 – Information

aws BOB – best of biotech 5

OrganisationIn cooperation with international and regional partners, BOB intends not to miss any life science idea with commercialization potential.

Organiser LISA (Life Science Austria), a program of aws

On behalf of

Partners in Austria

AplusB-Centers (Academia plus Business), the business incubators of the different Austrian federal states

International partners

• Italy: Bioindustry Park Silvano Fumero, Torino

•Polany: Life Science Cluster, Kraków

•Czech Repuplic: Südmährisches Innovationszentrum JIC, Brno

•Hungary: Hungarian Biotechnology Association

Page 6: Best of Biotech 2014 – Information

aws BOB – best of biotech 6

Jury/Evaluatores

Distinguished experts from the world of science, industry and finance select the best business plans and provide feedback to all teams.

CoachesCoaches from AplusB-centers and partner organisations support BOB participants with one-on-one-meetings and coaching session during business plan compliation

Sponsors

OrganisationBOB is strongly supported by a distinguished international jury, coaches and sponsors, all information is treated strictly confidential.

Page 7: Best of Biotech 2014 – Information

aws BOB – best of biotech 7

Requirements

Phase 1Business Idea

• Format: max. 5 A4-pages• Business Idea: 1. Innovation

2. USP3. Market/Competition4. Protection of the IP5. Revenue6. Team

General

• International• Official language is English• Phase 1 and Phase 1 are not linked together• Companies can not be older than 1 year

(Cut-off date June 1st, 2013)

Page 8: Best of Biotech 2014 – Information

aws BOB – best of biotech 8

Phase 2Business Plan

• Format: max. 35 A4-pages• Business Plan: 1. Executive Summary

2. Produkt Idea3. Team4. Market/Competition5. Market Entry Barrier6. Marketing/Sales7. Implementation Plan8. Financing Planning9. Opportunities/Risks

• Jury Presentation: 10 pages, PowerPoint

Requirements

Page 9: Best of Biotech 2014 – Information

aws BOB – best of biotech 9

Deadline/Event Date Location

Start Phase 2 Starting 28.11.14 Online

Business Plan and Presentation Submission

Ending13.02.15 Online

Selection of 10 best Business Plans

Ending 20.03.15 Online

Coaching Session for 10 best teams

10. & 11.04.15 Vienna

Submission of reworked 10 best Business Plans

Ending23.04.15 Online

Jury meeting and phase 2 award ceremony

05. & 06.05.15 Vienna

Phase II – Business Plans

Deadline/Event Date Location

Start Phase 1 Starting02.06.14 Online

Business Idea Submission

Ending15.09.14 Online

Award for the 3 best business ideas 26.11.14 Vienna

Phase I – Business Ideas

Timeline

Page 10: Best of Biotech 2014 – Information

aws BOB – best of biotech 10

Phase II – Business Plans

Feb AprilJune July Aug Sept MayOct

Phase I – Business Idea

02.06.11.06. 15.09. 19.11.

26.11. 10./11.04.13.02. 23.04.20.03.

05./06.05.

One-on-one Meeting Regional partners

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Page 11: Best of Biotech 2014 – Information

aws BOB – best of biotech 11

Elvira Kainersdorfer

Eva Maria Beck

www.bestofbiotech.at [email protected]+43 1 501 75 390 /-548

Contact