The FEUGA iHUB Innovation and Transfer Department participates in the BioIncubaTech project (USC’s high technology incubator) to promote biotechnological innovation and tech transfer related with health and food topics

20/05/2021

The University of Santiago de Compostela leads, through the Valuation, Transfer and Entrepreneurship Area, the BioIncubatech project, BioIncubaTech is an initiative of the University of Santiago de Compostela (Spain), funded by INCYDE Foundation. The University of Santiago de Compostela leads the project through its Area of Valorization, Transfer and Entrepreneurship. The project includes two partners: The Chamber of Commerce of Santiago de Compostela and Uninova. The project has the support of the Xunta de Galicia through GAIN – Galician Innovation Agency. BioIncubaTech is the High Technology Incubator for the promotion of innovation and biotechnology transfer in the field of health and food technologies to micro-SMEs. The BioIncubatech project has, among others, the following general objectives focused on the biotechnology sector in health sciences and food biotechnology:

– Creation of micro-SMEs

– Improved competitiveness

– Transfer of real technology to the production system

– Accompaniment of companies in the internationalization process

– Promotion of the internationalization of R + D + i activities.

In this context, the FEUGA iHUB  Innovation and Transfer Department has benefited from the public contracting process by the University of Santiago de Compostela for the task execution : Technical Assistance to request private financing services for micro-SMEs in order to promote innovation and the transfer of biotechnology in the field of health and food technologies. Specifically, national and international investors will be searched for the incubated companies in order to facilitate that companies access financing by searching through different alternatives such as, for example: Business Angels, Equity Crowdfunding, Matchmaking events (investor-company) as Bio-investors. The project will be executed and led by the team of the FEUGA iHUB Innovation and Transfer  Department, which will also count with the collaboration of the firm Inveniam Group. (Recognized strategic consultancy specialized in topics focus in Life Sciences technology and Resource Sustainability based in Barcelona and offices in Israel and Mexico) until December 2021.