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Biotechnology young entrepreneurs scheme

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Application deadline extended: 21 June 2013

Summary

The Biotechnology Young Entrepreneurs Scheme (Biotechnology YES) is an innovative competition for postgraduate and postdoctoral scientists which raises awareness of the commercialisation of ideas from the biosciences. The competition is organised jointly by:

• UNIEI – The Haydn Green Institute
• Innovation and Skills Group, BBSRC

About the competition

Participants attend a half day briefing session to introduce the scheme before attending the three day residential workshop encompassing presentations and mentoring sessions from leading figures in industry. At the end of the three day workshop, teams make a presentation of their business plan to the panel of investors. Two teams from each workshop are selected to progress through to the final in London.

The format

• Participants form teams of 4 or 5
• Each team devises a business plan for a company based on hypothetical science
• The team then presents their idea to a panel of investors

Competition dates and locations

*New sponsor - The Royal Society of Chemistry are sponsoring a stream at the North West Workshop.

Benefits of taking part

• Prize fund of £5,000
• Enhance your CV
• Develop and improve transferable skills such as communication, negotiation and team-building
• Network with industry professionals
• Increase your commercial awareness and technology transfer knowledge

How to apply

Apply via the Biotechnology YES website.

Case studies

Winning team 2012 - Calvitium Solutions

A team of aspiring biotechnology entrepreneurs from the University of Cambridge impressed a panel of judges with their hypothetical business plan for a hair loss prevention product. The team was one of the selected finalists from the inaugural Biomedical YES workshop held earlier in the year. (See related links above.)

Winning team 2011 - Metachem Solutions

A team of four budding biotechnology entrepreneurs from the University of Oxford emerged as the winners of the 2011 Biotechnology YES competition. They impressed a panel of judges with their business plan for using yeast to produce high value fragrance components. (See related links above.)

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