Thursday, August 16, 2007

Young entrepreneurs scheme for Biotechnology

What is Biotechnology YES?

The Biotechnology Young Entrepreneurs Scheme (Biotechnology YES) provides training in entrepreneurship and commercial awareness for young bioscientists in a competition format.

It was launched in 1995 and is organised jointly by the Biotechnology and Biological Sciences Research Council (BBSRC) and the University of Nottingham Institute for Enterprise and Innovation (UNIEI).

Biotechnology YES entrants work in a team, each assuming a different role, to develop business plans for hypothetical biotechnology companies and bid for funding to commercialise their ideas.

They receive training from entrepreneurs, patent lawyers, financiers and industry representatives in the business skills necessary to recognise, protect and harness the commercial potential of scientific research outputs.

“Biotechnology YES exemplifies the importance of entrepreneurial awareness and skills in ensuring that the UK benefits from its world-class science, both economically and across society in general, in line with the Science and Innovation Framework.”

The Rt Hon Alan Johnson MP
Secretary of State for Trade and Industry in 2005


“BBSRC is proud of the achievements of Biotechnology YES and of those who have worked so hard and gained so much from it.”

Professor Julia Goodfellow CBE
BBSRC Chief Executive

http://www.biotechnologyyes.co.uk/

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