AUTOSTEM was one of 9 promising health and life science projects funded under FP7 and Horizon 2020 Funding Programmes to be invited to attend UTILE Project‘s 2nd Business and Innovation Training Workshop and the Brokerage Event on October 10th and 11th 2018 in Bologna Italy, in the framework of the most important international event dedicated to the Life Science sector, the Meet in Italy for Life Sciences 2018. Team members from the nine projects had the opportunity to benefit from free training and to pitch in front of international investors and industry representatives with the aim to commercialize their research results. Dr Colm Barrett of Tyndall National Institute, Cork, Republic of Ireland, AUTOSTEM partner represented the project at the training event.
The Business and innovation Workshop took place on the 10th October and focused on three domains: IPR, access to finance and commercialisation routes. At this workshop, Dr Teresa Cunha (MT Consulting) explained how to protect and manage the assets emerging from research projects. Lian van Amerongen and Michelle Poirot from PNO Consultants continued exploring the opportunities for public funding mainly through Horizon 2020, Eurostars and Interreg schemes. Finally, the potential commercialisation routes to market in the health sector were illustrated by Dr Anji Miller, Senior Business Manager LifeArc.
These sessions generated many questions. Discussions from the responsive participants were encouraged to exchange experiences and share the challenges they have faced. UTILE gathered positive feedback from delegates which proved there is a great need for similar workshops in the case of health research projects.
Colm remarked: “I found the workshop to be of considerable use, as coming from a scientific background the event gave insight on product commercialization routes and requirements from an investor perspective which I had no experience with prior to the event.”