September 14, 2021 -- The BioInnovation Institute (BII) has named the first cohort of early-stage companies participating in its Venture Lab startup accelerator program. Seven ventures have been selected across three specialized areas: therapeutics, bioindustrials, and health technology.
The companies named in the program include a pan-European mix of startup initiatives and university research projects. The selected companies are as follows:
The 12-month Venture Lab program is designed to help propel research-based ideas with high-growth commercial potential into viable startup companies, according to the Denmark-based institute.
Besides being awarded a risk-free convertible loan of 500,000 euros ($590,400 U.S.), the seven ventures will receive scientific and team development support and will gain access to BII labs and offices located in Copenhagen.