Off-topic for aiqbench
This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.
BII aims to support 30 startups a year with new funding
BII will support 17 startups with around EUR 9.5M, fueled by a new EUR 736M investment from the Novo Nordisk Foundation.
The BioInnovation Institute (BII) will support a record-high 17 startups this year, fueled by a new EUR 736 million grant from the Novo Nordisk Foundation. Each company will receive a EUR 560,000 convertible loan alongside access to BII’s innovation platform, designed to attract capital and accelerate commercialization. BII is allocating approximately EUR 9.5 million to 17 companies, extending its support beyond previous levels and signaling a deliberate expansion of its…
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