Health & Life Sciences
28 September 2023 - Day 1
29 September 2023 - Day 2
OPEN CONTEST: SPINOFF OF THE YEAR 2022!
Campaign period: 10 January 2023 - 10 September 2023
Meeting of the jury and selection of winners: June 11 - June 21
The official announcement of winners: June 22, 2023, during the Spinoff Bulgaria conference!
Only projects that have successfully passed at least the second stage of technological readiness according to the internationally accepted scale for evaluating the maturity of a newly created technology (Technology Readiness Levels) will be evaluated, and work has begun on the third stage - proof of concept in the experimental environment.
Innovation Areas: Applicant need to propose activities in biotechnology, health, food tech, semiconductors/chips, artificial intelligence, cybersecurity, and VR&AR.
Skills of the team, knowledge of the sector, the feasibility of the project;
The development stage of the product/service;
Degree of innovation and its defensibility;
Positioning concerning competitors;
Consistency with the market and customers’ needs and potential outreach;
The business potential of the idea;
Completeness of the documentation presented.
The expected results of the project need to be clear, measurable, realistic, bound to a specific period and be a logical consequence of the planned activities.
A spinoff is an entity, formed as a separate and independent enterprise from an existing organisation, which holds novel value and new strategic purpose. Spinoffs often come from academia, corporates, government and healthcare.
Spinoffs are the bedrock of economic growth and innovation. They create jobs, unlock private capital, stimulate R&D and adoption of innovation. One prominent example of a spinoff powerhouse is the UK, with 1,500 spinoffs in the last 10 years, which created 6000 jobs and £11b of capital raised.
Some prominent clusters such as Oxford, generated 200 spinoffs since 2011 which unlocked £2.4 billion of private capital. The famous ‘Golden Triangle’ produces over 100 spinoffs every year. Moreover, a spinoff on average has 50% higher valuation at seed stage than a non-spinoff company.
A Spinoff innovation can be created and developed via a number of different models. These models are applicable at different stages of the innovation cycle. They share similar purposes and characteristics but vary by strategy, execution and organisational context.
Technology Transfer – protection and commercialisation of research, often experimental and scientific, developed by a university for economic and social benefits.
Venture Build – the process of developing a venture in a controlled manner by putting the best ideas, teams and resources together.
Design Thinking – a solution based approach which redefines problems and builds ventures with alternative strategies that address customer needs effectively.
Acceleration – the development of an existing venture or idea by supporting launch or market access by offering expertise and finance for a fixed period of time.
Incubation – a centre which offers early stage organisation access to infrastructure such as office, laboratories and resources to support the growth of a business.
Become a partner
Amount: 5000 €
Positioning of the General partner, along with the organizers, in general place, in all printed and digital materials.
Display of the General Partner logo before the start of each presentation during the events
Full access to the event for up to 10 representatives of the General partner.
Publishing an active General partner Logo/Banner on the front page of the site.
Opportunity to present and participate in the panels of the events organized for 2023.
Оpportunity to position General partner stand and banner at the events organized for 2023.
Five dedicated posts in social media, with the ability to shape the target audience.
Оpportunity to distribute advertising information materials of the General partner among the participants and guests of the events.
Mention the General partner in all press releases to the media before and after the event.
The logo and name of the General partner will be visible on the photos from the event, which will be published on the event website.
Amount: 2500 €
Positioning the logo of the Gold Partner and mentioning at the beginning and end of all organised events for 2023.
Full access to the event for 4 representatives of the Gold Partner in all events for 2023.
Post an active Gold Partner Logo/Banner on the front page of the website.
Link to the page of the Gold Partner in all social networks
Three dedicated posts during the social media campaign, with the ability to shape the target audience.
Оpportunity to distribute advertising information materials among the guests of the events.
Mention as a Gold Partner in all press releases to the media before and after the event.
Contact us for more information: email@example.com
Amount: 1500 €
Positioning the logo of the Silver Partner and mentioning at the beginning and end of the organised events for 2023
Оpportunity for distribution of advertising information materials, provided by the Sponsor to the guests of the events.
Full access to the event for 2 representatives of the Silver Partner in all events for 2023.
Publishing the Silver Partner Logo/Banner on the front page of the website.
One dedicated post during the campaign on social media, with the ability to shape the target audience.
Mentioning the Silver Partner in all press releases to the media before and after the event.
Contact us for more information: firstname.lastname@example.org
Check out previous events of the Spinoff Initiative
Speakers in 2022
Chairwoman of Health & Life Sciences Cluster, Founder of AI Cluster Bulgaria
AI Cluster Bulgaria, Founder of Venrize Ltd and Vangavis
Executive Director Bulgarian SME Promotion Agency
Director Marketing and investment services at InvestBulgaria Agency
Deputy Mayor of the Burgas Municipality
Senior expert from the Bulgarian Small and Medium Enterprises Promotion Agency
Senior expert Strategic planning, Digitalization & Sustainable development, Burgas Municipality
Director, Digitalisation, Innovation & Investment Directorate (Innovative Sofia), Sofia Municipality
Sofia Investment Agency
Investment & Organisation Manager at Spinoff Austria
Prof. Nikolai Zhelev
CSO Venrize, Prof. - University Of Dundee
dr. Costin Lianu
General Manager USH Pro Business, Spiru Haret University
president of SHRO
Dr. Tanja Sovic
Head of Patent & Licence Management, TU Vienna
Director for Policy and Analyses at the Ministry of Innovation and Growth
Assoc. prof. Svilen Kunev, PhD
Assistant professor - University of Ruse
AI Cluster Bulgaria, Technical University Sofia
American University in Bulgaria
Juan R. Garcia, MBA
Managing Partner at the BBI Business School
Dean of the Faculty of Industrial Technology (FIT) - Technical University Sofia
IP Law Austria
Prof. Dr. Vladia Borisova
President of the Patent Office of the Republic of Bulgaria
Senior Executive, Industry Partnerships & Commercialisation. Imperial College London
Tzvetkova & Partners
Member of The Board of Directors of Fund of Funds in Bulgaria (FMFIB)
President of BCCI Investment Council, Member of the Board of BCCI
Managing Partner at Innovation Capital
MEP, European Parliament
MEP, European Parliament
Health policy lead, DIGITALEUROPE
European Innovation Council EIC
Ministry of Education and Science
EEN-Bulgaria Coordinator, Programme Manager at Applied Research and Communications Fund
CEO of GRIT (Grit International Female Accelerator)
Community Manager of CEO Angels Club
Managing Director at Flow Logic
Assoc. Prof. PhD Agata Manolova
Technical University of Sofia
European Digital Innovation Hub Zagore
Director of AgroHub
Director of Trakia Digital Innovation Hub
Executive Director at Sofia Tech Park JSC
Prof. Ilia Iliev
Director Centre of Technologies Plovdiv University, PERIMED
Head of Technology Transfer Center QUASAR
Prof. Sotir Sotirov PhD
Prof. Assen Zlatarov University
Chairman of the Managing Board of IIRDE
Consulting Cluster Veritas, International Relations & Business Development
Prof. George Angelov
Chair of Cluster of Microelectronics, Technical University Sofia
Chairman of Southeast Digital Innovation Hub
Assoc. prof. Dimitar Nikolov
Technical University Sofia
ADRA, Member of European AI Forum
Communities Director ECHAlliance
Vice President of CEBR, Biocat, BioRegion of Catalonia, INNAXE
Institute of Entrepreneurship Development (iED, Larissa)
President of the Romanian Cluster Association, Co-chairs of EEN Thematic Group on Clusters
Networking Premium Spaces