Transnational voucher scheme details previous successful collaborations and opens new round of applications
March 26, 2014 - On February 1, the fourth and final call for incentives has opened, offering SMEs the chance to speed up their innovation. Life Sciences SMEs are invited to apply until May 4, 2014. A total of 164 incentives have been granted during the first three calls; 53 Collaboration, 29 Insight, 82 Meet and Greet. SMEs that wish to take part in the project can contact their Regional Access Broker or fill out an online application form.
The IN2LifeSciences scheme aims to provide small financial incentives for initiating Open Innovation collaborations. The project offers SMEs three different incentives to provide easy access to tools, expertise or resources, helping speed the process of innovation in the life sciences, medical technology and health-related food sectors. IN2LifeSciences enables SMEs to work with providers of expertise and equipment beyond those available at the regional level.
To stimulate actual contact and cooperation there are three types of incentives available for SMEs seeking innovation support in the eight IN2LifeSciences regions in north-west Europe:
The following examples of successful cases illustrate the value of IN2Lifesciences:
An IN2LifeSciences Insight incentive of € 4,000 was granted to Bridge Bioresearch (Denmark), who had their type 2 diabetes drug tested for bioavailability in humans. The voucher has led the company to the next step in the development process of the drug, which is the first clinical trial to be initiated in 2014. Søren Stenderup, CEO of Bridge Bioresearch explains: “We were approached by the German biotech company PharmaInformatic and agreed to apply for a voucher to contribute to the financing of the testing of our drug. In a short period our development project was taken to the next step.”
MOMA (Department of Molecular Medicine in Denmark) and Phenosystems (a Belgian SME) were awarded a Collaboration voucher to gain insight in the data storage and management area for genomic information. Both parties now have a better understanding of the requirements of a molecular laboratory. As a result, a first prototype was implemented.
Avivia BV is running a project on the treatment of breast cancer. This Dutch company required the ability to trace medicine in the human body, something that Pharmainformatics’ technology enabled them to do. An IN2LifeScienbces incentive has made it possible for both parties to collaborate. Avivia is still in the testing phase, after which future product development can be decided.
Having realized the relevance of working internationally, MVIP Software & Consulting (Nörten-Hardenberg, Germany) found their perfect collaboration partner in MEDEX Loncin from Wallonia, in order to develop a fully transportable X-ray system. One prototype of the portable X-ray system was sent to Bangladesh in order to do first tests for usability and to acquire a statistical relevant amount of images.
A detailed description of all participating parties can be found in the database on the IN2LifeSciences website: http://www.in2lifesciences.eu/database.
IN2LifeSciences is the follow-up of the successful FASILIS project in which 67 international life sciences collaborations have been initiated, some with impressive spin-offs.
IN2LifeSciences is financed by INTERREG IVB NWE, a financial instrument in the European Union’s Cohesion Policy, which funds projects that support transnational collaboration. Each partner has a voucher budget of €100,000 to support international collaboration projects for their life and health science SMEs.