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Innovative Medicine: from lectures to business ideas

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19 September 2016

​The industry perspectives on innovative medicine (IPIM) summer school finished its second edition very successfully! As part of the EIT Health campus program Entrepreneurial Labs (E-labs), IPIM provided practical training and education for students and employees.

The beginning of September saw the conclusion of the second edition of the Industry Perspectives on Innovative Medicine Summer Course, hosted by the Graduate School of Medical Sciences of the University Medical Centre Groningen in conjunction with Venture Lab North and sponsored by EIT Health. This year saw 28 predominantly biomedical and pharmaceutical research master students, of 15 different nationalities, come together to complete an intensive week of entrepreneurship coaching, alongside lectures from industry and academia guest speakers and industry site visits, all with the aim of bridging the gap between research, business and society. During the week, with the guidance of coaches from the Business Generator Groningen, the participants developed their own start up business plans, with the week culminating in the pitching of these plans to an expert panel, to be judged on their attractiveness to a potential investor.


There was close competition on the final day with impressive pitches all round, but in the end it was a team which brought together students from the University of Groningen, Uppsala and Guadalajara that took home the prize. Their company, Diagnostick, proposed a user-friendly, affordable apparatus that would allow travellers, unlucky enough to be bitten, to test ticks for Lyme disease while on the go. As a part of the prize the winners have been invited to attend the EIT Health Venture Labs Weekend in November of this year. Congratulations to the winning team made up of Maarten Hardenberg, Kai Yu Ma, Fela Berecochea, Ewald Doornebal and Madle Sirel! And to all of the participants, guest speakers and business coaches for making IPIM 2016 a success. Looking forward to IPIM 2017!

Background

About the EIT

The EIT is an independent EU body set up in 2008 to spur innovation and entrepreneurship across Europe to overcome some of its greatest challenges. It brings together leading higher education institutions, research labs and companies to form dynamic cross-border partnerships – Knowledge and Innovation Communities, KICs - that develop innovative products and services, start new companies, and train a new generation of entrepreneurs.
The first three KICs on climate change, ICT and sustainable energy were selected in 2009 (Climate-KIC, EIT ICT Labs and KIC InnoEnergy). The EU has decided to expand the EIT’s activities over the 2014 to 2020 period within the Horizon 2020 Framework Programme for Research and Innovation and to increase its budget to € 2.7 billion.
As a result, the EIT launched a Call for KIC Proposals on 14 February 2014 with a view to select two new KICs focusing on innovation for healthy living and active ageing, and on raw materials – sustainable exploration, extraction processing, recycling and substitution. In addition, the EIT will also launch a call for KIC Proposals in 2016 focusing on food4future and added-value manufacturing with a further call planned for 2018 addressing urban mobility.