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Biotech entrepreneurs need assistance, say workshop participants

Participants in a recent workshop on 'Entrepeneurship: networking of biovalleys in Europe', agreed that biotechnology organisations can benefit on both a regional and international level through the networking opportunities afforded by the setting up of 'biovalleys' comprising...
Participants in a recent workshop on 'Entrepeneurship: networking of biovalleys in Europe', agreed that biotechnology organisations can benefit on both a regional and international level through the networking opportunities afforded by the setting up of 'biovalleys' comprising experts with relevant knowledge, competence and experience. As such, assistance should be given to both existing biovalleys as well as those still in development.

The event was organised under the aegis of the External Advisory Group for the European Union's Fifth RTD Framework Programme 'Cell factory' Key Action, in the spirit of developing interactions between European biovalleys and the Key Action itself. Biovalleys in Europe and the 'Cell factory' Key Action are intended to foster an entrepreneurial environment for the biotechnology sector in Europe. Biotech organisations, the workshop participants agreed, need to be developed at a European level in order to be competitive, but the importance of their local roots - and therefore regional requirements - should also not be overlooked. Biovalleys are valuable for assisting such development by providing important opportunities and routes for networking, they said.

Source: European Commission, DG XII

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