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GO4BIOBUSINESS

The Biotech/Medtech sector has to be one of the strongest links in the knowledge economy: It cannot be relocated and has a very high growth potential, especially if it is supported with increased resources.

What is Go4BioBusiness©?

The aim of the programme is to detect and support companies with high growth potential in their early stages.

This is a personalised support scheme, aimed at companies with high growth potential in the region and for projects/companies who wish to relocate there.

THE PRINCIPLE

Structuring and support for projects to plan for massive funding rounds and faster internationalisation from the outset, via:

  • Premium support.
  • An industrial mentor for each project.
  • In-depth due diligence organised by the scheme’s stakeholders and conducted by its partners in order to identify the obstacles that need removing, then validate the project’s growth potential.
  • Draw up a road map to guide companies more quickly towards growth.

FOR WHOM?

Two levels of intervention are planned in line with the project’s development phase:

StartInBioBusiness ©

 

for projects or companies less than 18 months old, to accelerate the start-up process, with the following objectives:

  • Raising more than €500,000 in capital
  • Creating more than 10 jobs over two years
  • Reaching the market or signing a partnership with a major manufacturer in less than 8-10 years.

BoostInBioBusiness©

To accelerate companies less than 5 years old, achieving critical milestones with the following objectives:

  • Raising more than 5 million euros in funds or multiplying the turnover • Creating more than 20 jobs over two years
  • Reaching the market or signing a partnership with a major manufacturer in less than 5 years.

Programme contributions

In addition to dedicated support and pooling the skills of the two players in the scheme, accelerated companies benefit from:

  • Partial financing of premium services such as strategic support, assistance in raising capital, internationalisation, communication and recruitment, etc.
  • Access to a pool of experts, partners of Go4BioBusiness©, who undertake to support the companies at negotiated and fixed costs.
  • Introduction to a network of ‘facilitators’: investors, key contacts, etc.