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Life Science Accelerator
lifesci.ac @lifesciac #lifesciac
Researcherwith a proof-
of conceptbusiness?
Young company aiming at growthUniversity
and corporatespinouts
0
5
10
15
20
25
30
Applications 2017-2018
totally projects startups
Life Science Accelerator
lifesci.ac @lifesciac #lifesciac
Researcherwith a proof-
of conceptbusiness?
Young company aiming at growthUniversity
and corporatespinouts
0
5
10
15
20
25
30
Applications
totally projects startups
A leap to the next level of commercialmaturity & success for Finnish startups
Interactive coaching structure
Goal & Milestone
Setting
Monthly Workshops
Regular Coaching Meetings
Expertise& Mentoring
Support
Continuous Progress
Follow-up
Clear business plan and concept
Funding
Industrial Partners
GoingGlobal
5 ASSIGNED TEAM COACHES
MENTOR & EXPERT NETWORK
INTERNATIONAL
NETWORKS
6 months6 months
European Collaboration & Networks
Life Science Companies
+ wide network of other actors, including major Life Science
companies and investors
Accelerators & Incubators
Karolinska InstitutetInnovations AB
Other collaborators
Interactive workshop structure
Cost Structure
Customer Acquisition costsDistribution costsHostingPeople, etc.
Revenue Streams
Revenue ModelLife Time ValueRevenueGross Margin
Problem
Top 3 problems
Solution
Top 3 features
Key MetricsKey activities you measure
Unique Value PropositionSingle, clear, compelling message that states why you are different and worth paying attention
Unfair AdvantageCan’t be easily copied or bought
ChannelsPath to customers
Customer Segments
Lean Canvas Workshop,Helsinki
Morten Heide, Accelerace, DK
Marketing workshop, Werstas Labs, Turku
Maarit Merla, ForendoPharma
Communication & Negotiation, Helsinki,
Urban Gavelin, PowersalesCommunication
Strategic Framework & Financial planning,
Werstas Labs, Turku, Anders Nordström,
AN BusinessFrameworks AB
Regulatory & Compliance workshop, Helsinki, Esko
Nuotto/Fimea, NelliKarhu/Valvira Pasi
Koskivaara/WellGuide
Business Plan Acid Test 1,5 h slot/team,
Turku & HelsinkiPeter Funning and Monica Hedberg
Uppsala Innovation
➢ HealthBIO and Life Science Live➢ Slush➢ Nordic Life Science Days
Life Science Valuation Workshop, Helsinki, Avance Basel GMBH
QMS in Practise, Turku, Pasi
Koskivaara/WellGuide
Current StatusMetrics
• Over 50 applications
• 30 teams accepted
• 70% research projects at entry
• 8 new companies established
• 2,5M€ capital raised by 5 companies
• Four batches 2017-2018
• SUM-IT 3.4.2019, Turku
Digihealth10 %
Drug 21 %
IVD31 %
MD24 %
The national”Life Science Accelerator”will continue in Fall 2019
lifesci.ac @lifesciac #lifesciac
Hanna Halme
Senior Advisor, Life Science Startups | Turku Science Park Ltd
Itäinen Pitkäkatu 4B, FI-20520 Turku, FinlandPhone +358 50 5774 809 [email protected] turkubusinessregion.com | sparkup.fi | lifesci.ac | nome.nu