Starting-up in life sciences with the LifeTechLab

With the startup incubation program LifeTechLab by dresden|exists, scientists and students get the opportunity to turn their life-science discovery or business idea into a solid business model.

In addition to general challenges that every startup faces such as limited resources and many decisions, the field of life sciences requires unique market and income-cost considerations as well as a clear understanding of intellectual property (IP) rights and regulations.

Why LifeTechLab?

With LifeTechLab you will do first things first, avoid pitfalls and learn from experts and successful entrepreneurs.

1. Developing a product, platform or service that customers want is key for success – LifeTechLab helps you understand the needs of your future customers.

2. Regulations, IP protection and specific income-models are complex for startups in life sciences – LifeTechLab offers seminars by experts to lift the fog and provide guidance.

3. Staying focused on your journey to your startup is not easy – LifeTechLab teaches the tools from agile and lean management to help you stay on track.

4. Getting connected and sharing experiences moves your idea forward – LifeTechLab introduces you to successful founders, business people, lawyers, investors and many more.

How does the LifeTechLab work?

1. Apply by September 30, 2018: Send an application and get chosen for the Lab.

Don't worry. A crude idea is enough. Converting it into a business model is the purpose of LifeTechLab.

2. Be part of LifeTechLab: 12 weeks, 6 teams, 8 workshops and one-on-one coaching

  • We start November 15 with a kick-off evening session.
  • November 21 and 22 two-day workshop with seminars and customized tasks will teach you how to generate a business model.
  • In December and January, six all-day workshops on specific topics such as IP, regulations, market analysis, financial planning and pitching will follow.
  • Homework and regular individual one-on-one coaching will help you apply the newly gained knowledge directly to your business idea.
  • At the closing event in mid-February, you will have a first business model and a pitch deck, ready for feedback from a panel of business people, life-science experts and startup founders.

Please consider: To truly benefit from the program, your participation in all parts is crucial.

What happens after LifeTechLab?

1. Advance: Apply for pre-startup funding

The EXIST Business Startup Grant and EXIST Transfer of Research are two funding options. Your business model from LifeTechLab is the groundwork for a successful application!

2. Be part of our network: Keep up the momentum with our post-LifeTechLab coaching and take advantage of our expertise in putting business ideas into practice or licensing your intellectual property.

Apply now!

Class 02/18 of LifeTechLab is starting November 15, 2018.

Interested? Send an application to Deadline: September 30

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