What sort of Biotech Startups are coming out of Italy at the moment?

12/04/2016 - 4 minutes

BioUpper in Milan has launched the first acceleration platform for new entrepreneurs in the field of biotech and Medicine. Here are 3 of the winners awarded €50,000 each in funding.

bioupper_italy_biotech_acceleratorThe project is funded by Novartis and Fondazione Cariplo – the Italian cultural and Scientific grant foundation now worth over €8Bn.

The aim of the project is to enhance promising projects and finance aspiring entrepreneurs, empowering the startup’s evolution, in collaboration with PoliHub (another Italian startup accelerator in Milan).

In November, 118 applications were submitted for only 10 proposal spaces in the second phase of the project. This consisted of a week training at PoliHub in collaboration with the Humanitas research hospital in Milan.

Only 3 of these projects went on to obtain the €50,000 funding to advance their work, but all the groups had access to a unique opportunity for training and networking.

And since we’ve seen similar programs like the German Accelerator in Boston (where increasingly well known companies like PepperPrint started) and more greentech funds like Launch Nordic,

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