SOWING THE SEEDS OF THE FUTURE 🌱 ... and what has that to do with a visitor's badge? It's Monday, and our own Mikael is back after a week-long, intensive summer school at BII. The aim of the summer school was to build the future startups within biotech and biosolutions. And that it did! Despite Denmark enjoying some of the most innovative research environments, leading to countless of spinouts, our founders still experience barriers to success. Barriers we ought to tear down, if we are to reap the benefits of those future seeds, including: 👣 "There is no try, only do": Founders are not only embarking to change global markets, but must also to change themselves, becoming leaders and not just scientists. We need to give them the leadership tools to succeed. 💡 "Publish and perish": Founders must unlearn everything they've been taught at university, as if they publish their groundbreaking idea before having a patent, the whole business can be killed then and there. Therefore, patents and IP rights are crucial. 🚧 "Regulation can kill your idea": Regulation is designed to manage yesterday's risks, not to incentivize the benefits of future ideas. That's great to avoid re-making earlier mistakes, but we miss innovation to deliver on planetary health. Updating European regulation is indeed needed. ⚰ "The Valley of Death is real - meet its twin": The deeptech sector is unfortunate to experience a known Valley of Death, due to the lack of funding between MVP and commercialization. And it now also have a twin, being lacking test and demo facilities to actually test your MVP. We need to secure access to world-class facilities, if we are to keep successful startups in Europe. You get the idea. We have lots of work ahead of us to keep Denmark on the forefront. And that's the mission of DI Bio. Oh, and the visitor's badge? As a way to keep BioInnovation Institute present in your mind, visitors are encouraged to moist the badge and plant it to see your new chamomile plant grow in your home. Neat. That's how you sow the seeds of the future. 🚀
Sidsel Damsgaard Thomsen, your idea is being appreciated! Love that, sowing the seeds of the future.
Developing and executing concepts, projects, and policy. Building international partnerships. Intrigued by biosolutions. Love of learning.
3moSo well put: "Regulation is designed to manage yesterday's risks, not to incentivize the benefits of future ideas."