BioInnovation Institute (BII) will promote collaborative, interdisciplinary, research-based innovation in the life sciences and help build viable start-up companies with the necessary skills to ensure such innovations become widely available solutions for the benefit of human welfare and society.
The BII Proof of Concept (PoC) Program stimulates the establishment of preliminary proof of concept of ideas/technologies in early stage life sciences research for projects within biomedicine, medical technology and biotechnology in Denmark.
The objective of the grant is to stimulate projects with a clear commercial focus of translating new discoveries into solutions available to the society.
AREAS OF SUPPORT
The BII PoC Program supports novel research innovations that are about to enter the technical proof of concept phase with the potential to impact human health and/or sustain environmental resources.
Support is provided for life sciences ideas/technologies that may lead to development of new products and/or services with a commercial potential within biomedicine, medical technology and biotechnology.
Applicants for the BII PoC Program must have obtained a master's degree in the field of life science research or equivalent qualification at the time of application. The applicant can be faculty members, researchers or employees based at Universities, hospitals, life science start-ups and spin-outs, life science incubators or other research Institutes in Denmark. Associated with the application, a housing agreement throughout the grant period must be submitted from the host institution.
The application for the PoC Program must have one lead applicant, who is the primary grant recipient. However, the PoC Program grants are also open to one or more co-applicants that contribute academically to the project and hence will receive a financial share of the grant as detailed in the application.
Simultaneous applications for other BII Programs (Business Acceleration Academy grants or Incubation convertible loans) or Novo Nordisk Foundation’s Exploratory Pre-seed Program are not accepted.
Projects that have previously received either funding for Business Acceleration or Incubation are not eligible for a PoC grant. Only one PoC grant per applicant/department/research group or activities related to the same project is permitted. If an applicant submits the same (or a very similar) application in two consecutive application rounds without being granted funding, the applicant will be quarantined from applying for PoC grants for a year, except if the project is of a very different character and focus.
Funding is available for a maximum DKK 1 million over a period of 12 months.
The PoC grant is limited to cover expenses for activities such as:
- Salary for staff
- Research activities, e.g. testing and experiments, CROs
- Development of MVP, prototypes
- Patent applications
- Commercialization cost, i.e. market analysis
Funding cannot be used for:
- Overhead (e.g. insurance, telephone or utilities)
- Personal (applicant) salary
- Conferences and travel
Applicants are encouraged to seek additional soft and non-dilutive funding from other institutions to support the project’s acceleration.
The application should be completed and submitted using the electronic application system, which can be accessed from this link:
It is important that applicants carefully read “Information and Guidelines for Applicants”, before initiating the application process, as this document contains the complete call as well as detailed instructions for the application process.
The BII PoC Program application of max. 5,000 characters (with the possibility to add 1-4 illustrations) must cover but is not limited to the following areas:
- Overview of research team
- Description of current scientific results and data
- Description of feasibility studies and approach for the PoC activities including scientific and commercial aspects (as applicable)
- Clarification of current IPR status including ownership, licensing agreements
- Project plan, including an overview of scientific and commercial milestones (as applicable)
- Short vision on how to bridge the PoC further into commercialization
In addition to the application, we ask for a budget submission in the system. Please also upload CVs for all research team members and a list of relevant publications.
The BioInnovation Institute’s PoC selection committee will evaluate the applications and base their assessment and recommendation on the following criteria.
- The scientific excellence of the applicant or research group
- Significance and originality of the idea
- Commercial potential
- The suggested approach for further development