Deadline For £500k Investment For Life Sciences Start-up Approaches
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Start-up companies in the life science industry in northern England only have a few days left to benefit from a £500,000 accelerator fund.
Upcoming enterprises have been reminded that the deadline for the North of England Life Science Accelerator (NELSA) is January 31st 2017, giving them a short amount of time to send in their application for the competition.
NELSA plans to provide funding for up to ten projects for 12 months to enable them to conduct research, use state-of-the-art facilities and equipment at the Alderley Park site, and gain access to workshops and coaching from experts.
Helen Philippou, professor of translational medicine at the University of Leeds, completed the BioHub programme in spring 2016.
She said: “Through the customer discovery process and access to amazing support from members of the Expert Network, my understanding of the clinical potential of my product was transformed.”
Ms Philippou recommended the programme, adding that it gave her an “invaluable introduction to the commercial environment and the drug development process”.
The companies behind NELSA include Manchester Science Partnerships, BioCity, Catapult Ventures, Alderley Park Ventures, N8 Research Partnership, and the Northern Health Science Alliance.
Those who are interested in applying for the fund must have a small business in the fields of life sciences and healthcare.
Applications submitted on time will be judged by a panel of experts, and those who impress them will called back for a three-day bootcamp, at the end of which the final selection will be announced.
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