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Objective: GO-Bio next aims to boost start-up activities in life sciences by accelerating the transfer from basic research to market applications. The measure addresses challenges such as long development cycles, high risks, and substantial capital needs in early-stage life science projects.
Who and what is funded: Funding supports research teams from academia intending to commercialize innovative life-science R&D approaches with high potential, progressing to a maturity suitable for successful start-ups. Projects must address significant needs in life sciences and require public funding due to inherent commercialization risks.
The funding is provided in two phases:
- Phase 1: (up to 3 years)
- Focus: Developing proof-of-concept, strategies for commercialization, and business planning.
- Eligible applicants: Universities and research institutions.
- Phase 2: (up to 3 years)
- Focus: Maturing technology further, market-entry strategies, securing further growth and financing.
- Eligible applicants: Newly founded small technology-oriented enterprises (SMEs) typically resulting from Phase 1.
Deadlines for project outlines (first phase or direct second-phase entry):
- 15 March and 15 September each year
Key conditions:
- Infrastructure support from institutions in Phase 1
- Mandatory interim evaluations determining continuation
- SMEs must provide own contributions in Phase 2
ID of the funding program: BMBF Announcement, Federal Gazette dated 06.05.2024 (Bekanntmachung im Bundesanzeiger vom 06.05.2024)
Expected Outcome
- Increased number of life-science start-ups from academia
- Sustainable growth and employment in the start-ups
- Commercialization of R&D results through new products, patents, licensing
- Positive long-term economic performance five years post-funding (sales, third-party financing, acquisitions)
Scope
GO-Bio next funds academic research teams developing life-science innovations with high commercialization potential, tackling significant unmet needs that private capital markets cannot address alone due to risk and funding requirements. Excluded are projects focused primarily on agriculture, food, or nutrition. Two distinct phases are provided:
- Proof-of-concept and commercialization strategy preparation (Phase 1)
- Advanced market-driven R&D, business model validation, securing further financing (Phase 2, potentially up to clinical Phase IIa for drug development).
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