The BioInnovation Institute as a catalyst for European life science startup creation
. To try and harness the untapped potential of European research, Denmark’s Novo Nordisk Foundation has established the BioInnovation Institute .
The institute’s model relies on four pillars: first, knowledge within the BII team; second, access to a very large network of investors, industry experts and government experts; third, the availability of a company incubator with state-of-the-art laboratory facilities; and fourth, founder-friendly financing in the form of convertible loans to startups and of grants for academic company-creation projects.
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