Science-to-Business Program

"Turning science into business is about recognising opportunity. You need to understand who the customer is and what they might want."

Prof. dr. Mark Ferguson,

Biotech entrepreneur and Chair of the European Innovation Council's advisory board.

Director general of the Science Foundation Ireland and chief scientific adviser to the Irish government

It is one thing to have a great scientific or technical innovation. It is quite another to know how those findings can be deployed, how you can gain in-depth understanding of the market and how you need to finance and scale your business. That is why the European Institute for Innovation and Technology (EIT) added the Science-to-Business program (S2B) to its education portfolio. S2B offers researchers, scientists, academics and PhD candidates a practice-oriented blended learning platform that takes them on a journey to discover commercial applications, services and products.

This program was developed by EIT Digital partner IMEC / iMinds and updated by UGhent and Noventus for the EIT Knowledge Innovation Communities (KICthat bring together experts from many disciplines, including social sciences, humanities and economics. 

Now, we gear up our efforts and reach out to scientists at universities, incubators and accelerators.

 

Let's accelerate the translation of research into sustainable businesses and create societal value. 

For whom

80% of PhD researchers pursue a career in industry, start their own company or embark on a career in the public sector. Still, translating research results into innovative applications and services that create value for society remains a vast challenge for the entrepreneurial ecosystem. The successful path from science to innovative products or services requires systemic thinking that takes into account all the aspects of a particular innovation domain, thorough understanding of the customer or user point of view as well as the business context.

Are you a researcher or scientist and ready to turn your research into business? 

Then the "Science-to-Business" workshops are designed for you. We help you get on track to bring your innovative solutions to the market to create value for customers ... and possibly a life-changing experience as entrepreneur for yourself. 

Ideally you are in the final years of your research and already have an idea of the potential results or technologies that your research will lead to. (e.g. a specific material, process, technology, algorithm, ...)

Applicants will be selected based on the topic and progress of their research, their motivation and ambitions. 

Groups consists of max. 18 researches, to ensure the tailored approach and coaching.

Format

Online learning

Log into our virtual learning environment and get  introduced to the entre- preneurial process. Study the theory, read the cases and start applying to your own research. 

  • short videos

  • real-life case studies

  • hands-on assessments

Step by step we unveil the relevance of this process for your path from  researcher to entrepreneur. 

Duration:

3 hours per week the month prior to the workshop

Face-to-face workshop

In our flipped classroom approach, the online program prepares you for the face-to-face workshops where you receive feedback from experienced business coaches and peers on your project. The 3-step trajectory consists of: 

  • From academic research to opportunity identification and value proposition.

  • From value proposition to business proposition.

  • The Dragons Den: test your pitch! 

Duration:

3 days, residential.

Post-workshop coaching

In this phase, we focus on the customer discovery by identifying possible applications of your research. By validating assumptions quickly in the real world, we lay the foundations for a first proposal of a business model.

Duration: 

Individual coaching (video conferencing) in the validation phase over a 6 month period. 

Why

S2B offers a highly personalized approach that prepares researchers and scientists to become one of the  technology leaders, innovation agents or welfare architects of tomorrow. 

You will:

  • develop your entrepreneurial skills and the ability to exploit the potential of your research.

  • understand the value creation process in a very early stage.

  • acquire the ability to think about opportunities from different angels (e.g. cross-industry, customer centric,...)

  • shape the society of tomorrow by translating know-how into solutions for societal challenges.

  • obtain pre-business planning skills

  • apply innovation techniques and methodologies to your own research

  • learn how to pitch your ideas to different business audience

Why participate?

Why organise a S2B workshop?

Development Partners

The European Institute of Innovation & Technology (EIT) is an independent body of the European Union set up in 2008 to boost innovation and entrepreneurship across Europe. The EIT brings together leading higher education institutions, research labs and companies to form dynamic cross-border partnerships – Knowledge Innovation Communities - that develop innovative products and services, start new companies, and train a new generation of entrepreneurs.

 
Noventus

Vendoornstraat 88, 9120 Melsele, Belgium  

info@noventus.be

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