Accelerating growth in your life science company

Learn more about sustainable growth and building trust from invention through internationalisation

An organization not adapted for growth and lacking scalable processes and routines. That is the most common reason why good ideas do not turn into sustainable profit in young life science companies. Internationalization of all activities and collaborations, building trust and finding partners and investors that promote growth is crucial.

How can great ideas be transformed into commercial successes? Sweden needs to accelerate growth in small and medium-sized companies in the life science sector with more companies going from start-up to scale-up and become commercial successes.

The development companies' focus is to reach milestones for the next capital round. This means that they usually do not focus on organizational development or promote professional growth. The effect is that the companies are not prepared for the next development phase. 

The consequence of this is devastating for Swedish life science in the long run - we need successful commercial companies. Also, the success of small companies is often the key to success for larger companies. The large companies are looking for contacts with small, innovative SME:s that can contribute to the continued success of the large company. Is it possible for small companies to become an attractive partner to the large companies and develop sustainable growth at the same time?

Join us in three online workshops!

It is important to learn from each other and share knowledge. On three occasions, digital workshops will be conducted with entrepreneurs who face similar challenges and want to grow in a sustainable way to commercial success. The purpose of the workshops is to give the entrepreneur in Life science companies an understanding of how the best conditions are created to come out stronger after the Corona pandemic.

In order to test and verify the structure of the training, a pilot with three workshops will initially be carried out during the beginning of 2021. Thereafter, the training will be evaluated and adapted to be completed later in 2021 in an adjusted version based on input from the participants in the pilot.Take the opportunity to join the pilot workshops free of charge!  

The workshops are organized by Sten K. Johnson Center for Entrepreneurship at Lund University in collaboration with Medicon Village, and supported by Sparbanksstiftelsen Finn.

 

WORKSHOP #1

Workshop: From invention to organization

Most biotech ventures start with an innovation and a great deal of passion. The goal, however, is to establish an organization that can turn that innovation into sustainable profit, and which exists over time, independent of the initial inventor. Making that journey from innovation to organization is seldom easy, nor straight forward. In this workshop, we discuss some of the most important decisions and dilemmas entrepreneurs face as they work to create a sustainable new venture.

The workshop is led by Anna Brattström, Associate senior lecturer at Sten K. Johnson Centre for Entrepreneurship

When : Friday 29 January at 08.30-10.30
Where : Online
When : Friday 29 January at 08.30-10.30
Where : Online
WORKSHOP #2

Workshop: Innovation and internationalization activities of startups

An important prerequisite for companies in medtech and biotech that want to expand their business is to internationalize their activities: collaborate with foreign partners, find customers in other countries, establish foreign operations and distribution channels, protect their inventions at a global level and possibly find international investors. This is especially true for young companies in countries with a relatively small domestic market, such as Sweden. In this workshop we discuss the challenges and opportunities for young companies willing to internationalize their business through their innovative products, with a specific focus on the role of networks.

The workshop is led by Claudio Fassio, Senior lecturer at Sten K. Johnson Centre for Entrepreneurship.

When : Friday 12 February at 08.30-10.30
Where : Online
When : Friday 12 February at 08.30-10.30
Where : Online
WORKSHOP #3

Workshop: Building trust across organizational boundaries

Biotech companies are often dependent on collaborations with big pharma companies for their survival and growth. At the same time, we know that many such collaborations fail to deliver the intended results. Trust is one of the most important factors behind sustainable partnerships but building trust in a business-to-business context is not always easy. In this workshop, we discuss the role of trust; why it sometimes breaks down and how to build trust over time.

The workshop is led by Anna Brattström, Associate senior lecturer at Sten K. Johnson Centre for Entrepreneurship.

When : Friday 12 March at 08.30-10.30
Where : Online
When : Friday 12 March at 08.30-10.30
Where : Online