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Business boost for north-west biotechnology start-ups

By February 10, 2023No Comments

A new business programme designed to support biotechnology start-ups in the north-west has formally launched with its first call for participants.

The new Biotech Business Incubation Centre (Bio BIC) is a collaboration between UK Research and Innovation’s:

Bio BIC will help small biotechnology businesses, emerging from leading bioscience research, turn their innovative technology concepts into market reality.

Located within STFC’s Daresbury Laboratory, Bio BIC will ensure that biotechnology businesses, built on leading bioscience research, can bridge the gap between science and market and achieve their full commercial potential.

The innovative Bio BIC programme will provide an outstanding support package for start-ups, initially over a 5-year period.

Successful applicants will receive support up to the value of £90,000 in the form of:

  • up to £45,000 targeted research and development (R&D) funding
  • up to 100 hours access to R&D facilities and ongoing onsite technical advice
  • intellectual property protection support
  • unlimited business coaching provided by dedicated business experts
  • networking and introductions to investors, customers, sector stakeholders and next stage funders

To be eligible, you must be a UK-registered company under 5 years old that is majority-owned by founders and employees. You must also have received previous BBSRC or other UKRI research funding.

The expressions of interest deadline is 23:59 on Tuesday 28 February 2023.

For full information and application details, click the link here.

Natalie Creaney