Objective The commercialisation of first-class research and the development of the European Biotechnology Healthcare sector faces major difficulties, in particular unmet financial needs and poor cooperation between sector actors. The absence of appropriate early-stag e risk capital severely impairs the formation of innovative start-up companies: Europe's start-ups need new forms of early-stage co-financing. The lack of short-term exit strategies that are able to provide acceptable returns on investment from biotechnology projects also impacts upon mature companies ability to seek additional investment. Experience suggests that European biotech is not enough collaboratively minded when measured against key performance indicators. Efficient and dynamic regional and EU-wide networking between actors is imperative if this situation is to be improved.This project will address both issues and contribute to enhancing access to finance through the formation of a network of professionals (from research to finance) sharing knowledge and best practice in order to provide models, toolkits and recommendations. After a precise identification of the specific needs and challenges in this sector through the analysis of both good practice and business failures, mapping and rating the avail able sources of financing will lead to practical propositions, such as setting up a financial toolkit for supporting innovative biotechnology businesses across the EU, and recommendations to help bridge the gaps. Working as a network, this project will also bring together the partners and their stakeholders in order to build a dynamic and sustainable EU community involving researchers, investors and entrepreneurs, fostering mutual understanding.The evolution of a community that develops and implements practices that meet the major players' needs is the hallmark of successful bioregions: this initiative intends to prove that this model can be extended nationally and internationally at the EU level. Fields of science social scienceseconomics and businessbusiness and managemententrepreneurship Programme(s) FP6-INNOVATION - Research and innovation in the specific programme for research, technological development and demonstration "Structuring the European Research Area" under the Sixth Framework Programme (FP6) 2002-2006 Topic(s) INNOVATION-2004-1.2.1.4 - Networking innovation actors by sectors Call for proposal FP6-2004-INNOV-6 See other projects for this call Funding Scheme CA - Coordination action Coordinator ATLANPOLE Address Chateau de la chantrerie Nantes France See on map Links Website Opens in new window EU contribution € 0,00 Participants (7) Sort alphabetically Sort by EU Contribution Expand all Collapse all TECHNOLGIEPARK HEIDELBERG GMBH Germany EU contribution € 0,00 Address Markplatz 10 Heidelberg See on map Links Website Opens in new window INSTITUTE OF BALTIC STUDIES Estonia EU contribution € 0,00 Address Kompanii 2 Tartu See on map Links Website Opens in new window CARDIFF UNIVERSITY United Kingdom EU contribution € 0,00 Address 30-36 newport road Cardiff See on map Links Website Opens in new window SCIERNCE PARK RAF S.P.A. Italy EU contribution € 0,00 Address Via olgettina, 58 Milan See on map Links Website Opens in new window EUROPEAN BUSINESS ANGELS NETWORK Belgium EU contribution € 0,00 Address C/o eurada avenue des arts 12 Brussels See on map Links Website Opens in new window DELOITTE AND TOUCHE LLP United Kingdom EU contribution € 0,00 Address Stonecutter court - 1 stonecutter street London See on map Links Website Opens in new window EUROPEAN INVESTMENT FUND Luxembourg EU contribution € 0,00 Address 43, avenue j.f. kennedy Luxembourg See on map
