BIOCHEM Business Plan Competition

26 NOVEMBER 2012

Are you a European researcher or entrepreneur who wants to set up their business in the bio-based chemistry industry or a young SME looking for funding? If so the BIOCHEM Business Plan Competition might be something for you… The Competition offers the opportunity for the top six applicants to pitch their ideas in London on 23rd January 2013 at the “Leading Industrial Biotechnology (IB); A UK Showcase event”.

BIOCHEM logoThe BIOCHEM Business Plan Competition is part of the Europe-wide BIOCHEM project funded by the European Commission which started on 1 February 2010. It aims to support companies, especially SMEs, entering the market for bio-based products.

The Business Plan Competition (BPC) aims to provide support to European researchers, entrepreneurs and small businesses that are considering setting up a bio-based chemistry business. It will award and promote the most promising projects that are submitted to the competition.

Benefits of participation

  • Find increased support for entrepreneurs
  • Gain critical independent feedback on your business plan
  • Access networking opportunities and potential mentors
  • Improve key transferable skills
  • Have a better understanding of what investors want

Who can participate?
The Business Plan Competition is open to all European researchers and entrepreneurs that are considering setting up their business in the bio-based chemistry industry or to young SMEs looking for funding and/or partnering.

OVERVIEW COMPETITION

  • ROUND 1: Online Applications
  • ROUND 2: Online Reviewing by International Committee
  • ROUND 3: Top 6 Selected & Invited to the fourth in a series of BIOCHEM Accelerator Forum events, “Leading IB; a UK Showcase” to be held in London on January 22nd and 23rd 2013.

FIRST ROUND: ONLINE APPLICATION
How to register?
Step 1 – Send an email to Europe Unlimited at biochem@e-unlimited.com, participation is FREE! Please include name, institution/organization, title of your idea and contact details. You will be contacted shortly afterwards regarding further steps.

Step 2 – Once you have contacted Europe Unlimited you will be registered directly and be asked to fill in either an on-line Company/Project profile through the Europe Unlimited website or a word/pdf template about your business plan.

SECOND ROUND: Online Reviewing
The Company/Project Online Profiles submitted will be rated on 6 different criteria:
i) Business potential
ii) Team experience
iii) Scientific merit
iv) Proprietary position
v) Clear interest in collaboration/transfer of technology
vi) Project profile quality

The rating system will be from 0 = minimum to 10 = maximum for each of the criteria.

THIRD ROUND: Top 6 Invited to “Leading IB” event in London
The Top 6 participants from the Webinars will be invited to present their business plan at the “Leading IB; A UK Showcase” event in London on 22nd and 23rd January 2013. In addition they will each be provided with a stand in the exhibition space to enable them to network with delegates at the event. The winner of the Business Plan competition will be announced at the event on the 23rd January 2013.

Source: Europe-Innova.eu

Read more information on the BIOCHEM Business Plan Competition.
Read more about the BIOCHEM project.