WHAT YOU GET: UP TO THREE YEARS OF FINANCIAL SUPPORT
We’ll give up to CHF 40,000 per year for up to three years to start-ups working in digital health and up to CHF 90,000 per year for up to three years to those in any other area of the life sciences.
More specifically, successful, non digital health applicants will enjoy:
- up to CHF 40,000 per year to spend on web lab infrastructure rental
- up to CHF 20,000 per year to spend on research or administrative services, consultancy, staff salaries or training for key personnel
- up to CHF 30,000 to spend on laboratory equipment for research and development (max. 50%).
For digital health companies, we’ll provide:
- up to CHF 10,000 per year to spend on infrastructure rental
- up to CHF 20,000 per year to spend on research or administrative services, consultancy, staff salaries or training for key personnel
- Up to CHF 10,000 to spend on equipment for research and development (max. 50%).
YOUR COMMITMENT: GIVING BACK TO THE COMMUNITY
Biopôle SA demands no equity or debt-like reimbursement in return for the funding provided; the support is given with no strings attached. However, the most successful beneficiaries of the fund – those having raised a further CHF 10 million in financing after being accepted– will be expected to pay back what they received in a spirit of solidarity, thus ensuring that future generations of start-ups can benefit from the same support. The only other expectations are that beneficiaries will stay at Biopôle for three years following their funding award, and that they’ll communicate about the support received through all appropriate channels to help raise the Fund’s profile.
