Title: PowerPointPrsentation
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2Best of Biotech
- is a businessplan competition for life sciences
- red biotechnology
- green biotechnology
- gray biotechnology
- medical devices
3BOB is organized by
- Life Science Austria (LISA) - a key program for
life sciences run by Austria Wirtschaftsservice
on behalf of the Austrian Federal Ministry for
Economy and Labor - Austria Wirtschaftsservice is a specialist
business promotion bank with a strong expertise
in financing high tech companies
4Why am I here?
- Participation in Best of Biotech helps to improve
cross-border collaboration between Austria and
its neighbors - Best of Biotech contributes to the development
of a Central European life science region which
will be strong enough to compete
internationally!
5What is a businessplan good for?
- Forces you to develop an idea into a concise
worked through concept - A businessplan is your business card for
potential investors (venture capital, banks)!
6So far BOB was quite successful!
- In the first two rounds of Best of Biotech there
were - 121 projects submitted
- 15 business start-ups
- EUR 77,000 awarded in prizes
7Best of Biotech is open to
- all creative individuals who are interested in
the commercial exploitation of applications-orient
ed scientific research and innovation - Students
- Scientists
- Researchers at non university research
institutions - in Austria, the Czech Republic, Slovenia,
Slovakia and Hungary
8And thats the way BOB is organized
9Phase I Business Idea (Oct 14 Dec 17)
- Innovative!
- Not more than five A4 pages
- Describes the problem
- Unique selling proposition
- Current state of the art
- Possible customers
- Target market and market size
- Competitors and IPR
- Business team and qualification
- On Jan 27 the five most innovative business
ideas are awarded a cash prize of EUR 1,400!
10And thats the way BOB is organized
11Phase II Businessplan Feedback Phase(Jan
13April 15, 05)
- After that participants develop their business
idea into a fully fledged business plan - LISAs experts are on hand to provide active
support via workshops in Vienna, Innsbruck and
Graz
12And thats the way BOB is organized
13The BOB Jury June 6, 2005
14Gala closing festivity June 28, 2005
- First prize EUR 18.000 contributed by Baxter
- Second prize EUR 9.000 contributed by VWR
International
15The BOB Coaches
16LISA guarantees that
- all data received by local participants will be
treated absolutely confidentially - neither LISA nor the international jury will
make a difference between Austrian and non
Austrian participants - non Austrian winners have no obligation to do
business in Austria and can use the prize money
at their complete discretion
17Its easy to take part
- Official languages English and German
- If you want to take part and still work on your
business idea - registration_at_bestofbiotech.at
- If you would like to submit your business idea
- bob_at_bestofbiotech.at
- If you have questions
- info_at_bestofbiotech.at
18BOB - The businessplan competition where you can
only win!
- Prize money
- Coaching
- Workshops
- Networking
- Experience
www.bestofbiotech.at
19The BOB team would like to thank you for your
attention!
Sonja Hammerschmid Martin Spatz Eva Maria Beck
20And we would like to thank our partner in the
Czech Republic!