Guided by founders, industry professionals and serial entrepreneurs in BioTech, MedTech and Pharma, course participants will learn the professional, legal, financial and timeline requirements for founding a start-up company.
Key topics addressed in the BEI program are:
- Building a team
- Networking with successful entrepreneurs
- Developing a first business plan with its various facets
The BEI program is a modular course system consisting of three modules, A, B, and C. The program starts with a general introduction to BioEntrepreneurship in Module A. Module B focuses on the basics of law and finance, intellectual property, product development and marketing or soft skills. Finally, in Module C, workshop-like sessions delve deeper into selected topics and offer the possibility for one-to-one coaching.
Modular course system
Module A: Kick-Off
The main learning objectives of Module A are to get a taste of BioEntrepreneurship, building a team, developing a business idea as well as preparing and presenting a first company pitch.
Participants can either bring their own business idea or jump on another project. Teams are built according to the 3H principle. This means setting up a diverse team consisting of a Hipster, a Hacker and a Hustler.
As a special extra, we have a line-up of successful start-up founders who share their experiences and knowledge on how to become a start-up entrepreneur in the fields of BioTech, MedTech and Pharma. These speakers also coach how to avoid the most common beginner's mistakes when developing products from ideas to launching them on the market.
The general business idea that has been created in Module A can be further refined in Modules B and C. However, there is also the option to pursue a different idea by joining a new team.
Module B: Fundamentals
The learning objective of Module B is to deepen understanding of the professional requirements for a start-up venture and to translate this knowledge into a specific business case.
Module B covers essential topics such as intellectual property (IP), regulatory affairs, hard and soft facts, networks, financial and legal aspects of founding a company. Each topic will be presented by an expert with extensive knowledge in the specific field. This enables professional networks to be built and facilitates contact with professionals who might otherwise be difficult to meet.
While acquiring knowledge on how to setup a start-up company, participants continuously develop and refine their founding idea and product development and refine their pitches.
Ideally, projects launched in Module A would be continued in Module B, but there is also the possibility to come up with a new idea and form or join another team.
Module C: Best Practices
The aim of Module C is to provide in-depth knowledge on areas that are critical in building and structuring a life science company. Workshop-like sessions provide the opportunity to delve deeper into selected topics and gain practical knowledge and skills.
As in Modules A and B, experienced entrepreneurs and experts in residence will share their knowledge and will provide invaluable insight and input. Company pitches are improved further and the business plan will begin to take shape. The smaller group size provides an ideal environment for close exchanges and lively discussions as well as the possibility for one-to-one coaching.
The target groups are researchers who have a concrete business idea, are eager to become entrepreneurs and envision kicking-off their start-up company in the near future. A prerequisite for participation in Module C is the successful completion of Modules A and B.