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BBSRC | Biotechnology Young Entrepreneurs Scheme @bbsrcmedia | Uploaded November 2010 | Updated October 2024, 3 hours ago.
See article here: ht.ly/R2OOc

Biotechnology YES is an annual business plan competition designed to raise awareness of commercialisation amongst bioscience postgraduate and postdoctoral researchers. This video gives a taste of the competition final with comments from organisers and participants from 2008.

The competition was developed and is delivered by a partnership between the University of Nottingham, Institute of Enterprise and Innovation (UNIEI) and the Biotechnology and Biological Sciences Research Council (BBSRC) with the Medical Research Council providing significant financial support.

The value of the scheme has been recognised by Newcastle University in particular and it has now been integrated into their postgraduate continuing professional development programme. For several years now, a spin-off competition has been running, this is called Environment YES and was established by the Natural Environment Research Council.

A recent independent review of the scheme shows that it gives early career researchers the edge in entrepreneurial skills and future career prospects. Having participated in the Biotechnology YES competition, early career scientists are well prepared to move into industry where their improved entrepreneurial skills are highly valued. There is some evidence to suggest that past participants perceive their earning potential as greater following the competition and the review indicates that the skills gained are exactly complementary to those acquired during a PhD.
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Biotechnology Young Entrepreneurs Scheme @bbsrcmedia

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