AWS BOB – Best of Biotech is an international competition aimed at helping scientists turn life science innovations into viable business concepts. The program consists of two phases: business idea and business plan development, with significant cash prizes and support from an international jury and coaching sessions. Since its inception in 2000, the initiative has seen numerous new ventures launched, demonstrating its impact on the life sciences community in Central Europe.

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Goal
BOB is an international life science business plan competition motivating scientists to
translate scientific innovations into business concepts.
Academia,
Research
Funds
Scientific innovations generated by the life science
community in Central Europe
Best of Biotech/
Partners
Phase 1: Business Idea
Phase 2: Business Plan
Public and
private
financing
institutions
Start-up Company
Commerical exploitations of life science ideas developed in Central Europe
(IPO, Trade sale, Licensing agreements, etc.)

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BOB Facts
Number of participating projects: 324
Company foundations: 77
Price money paid: € 256.060,-
Achievements
A large number of new ventures have been set up by previous BOB participants since the
first event in 2000.

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For scientists /
BOB
participants
•Development of professional business plan, supported by experts in
One-on-One-Meetings, Coaching session and by webvideos.
•Intensives feedback from evaluators during Phase 1 and Phase 2, as
well as from the jury in Phase 2
•Evaluation of the business concept by a distinguished, international
jury
•Cash Prizes:
Best 3 Business Ideas receive each €1.500
Best 3 Business Plans: 1. €15.000, 2. €10.000, 3. €5.000
LISAvienna Medtech Award: €10.000
•Establishment of entrepreneural network (contact to potential
investors)
Benefits
Participants translate their ideas into professional business plans and thereby, the
entrepreneural potential of the life sciences is raised.

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Organisation
In cooperation with international and regional partners, BOB intends not to miss any life
science idea with commercialization potential.
Organiser
LISA (Life Science Austria), a program of aws
On behalf of
Partners in
Austria
AplusB-Centers (Academia plus Business), the business incubators
of the different Austrian federal states
International
partners
•Italy: Bioindustry Park Silvano Fumero, Torino
•Polany: Life Science Cluster, Kraków
•Czech Repuplic: Südmährisches Innovationszentrum JIC, Brno
•Hungary: Hungarian Biotechnology Association

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Jury/
Evaluatores
Distinguished experts from the world of science, industry and
finance select the best business plans and provide feedback to all
teams.
Coaches
Coaches from AplusB-centers and partner organisations support
BOB participants with one-on-one-meetings and coaching session
during business plan compliation
Sponsors
Organisation
BOB is strongly supported by a distinguished international jury, coaches and sponsors, all
information is treated strictly confidential.

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Requirements
Phase 1
Business Idea
• Format: max. 5 A4-pages
• Business Idea: 1. Innovation
2. USP
3. Market/Competition
4. Protection of the IP
5. Revenue
6. Team
General
• International
• Official language is English
• Phase 1 and Phase 1 are not linked together
• Companies can not be older than 1 year
(Cut-off date June 1st
, 2013)

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Phase 2
Business Plan
• Format: max. 35 A4-pages
• Business Plan: 1. Executive Summary
2. Produkt Idea
3. Team
4. Market/Competition
5. Market Entry Barrier
6. Marketing/Sales
7. Implementation Plan
8. Financing Planning
9. Opportunities/Risks
• Jury Presentation: 10 pages, PowerPoint
Requirements

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Deadline/Event Date Location
Start Phase 2
Starting
28.11.14
Online
Business Plan and
Presentation
Submission
Ending
13.02.15
Online
Selection of 10
best Business Plans
Ending
20.03.15
Online
Coaching Session
for 10 best teams
10. &
11.04.15
Vienna
Submission of
reworked 10 best
Business Plans
Ending
23.04.15
Online
Jury meeting and phase
2 award ceremony
05. &
06.05.15
Vienna
Phase II – Business Plans
Deadline/Event Date Location
Start Phase 1
Starting
02.06.14
Online
Business Idea
Submission
Ending
15.09.14
Online
Award for the 3
best business ideas
26.11.14 Vienna
Phase I – Business Ideas
Timeline

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Phase II – Business Plans
Feb AprilJune July Aug Sept MayOct
Phase I – Business Idea
02.06.
11.06. 15.09. 19.11.
26.11. 10./11.04.
13.02. 23.04.20.03.
05./06.05.
One-on-one Meeting Regional
partners
Start:Phase1
Deadline:BusinessIdea
Submission
Nov
One-on-one Meeting
Regional partners
Dec Jan March
Deadline:Business
plansubmission
Deadline:EvaluationSelection
of10best
Deadline:Reworked
BPsubmission
CoachingSession
for10bestteams
Jurymeetingand
awardceremony
Award:PhaseI
EvaluatorsParty
Deadline:P1
Evaluation
Timeline

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Elvira Kainersdorfer
Eva Maria Beck
www.bestofbiotech.at
bob@bestofbiotech.at
+43 1 501 75 390 /-548
Contact