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Córdoba Biotech Started the Process to Select 20 New Startups

Córdoba Biotech supports 28 innovative projects with training, mentoring, talent acquisition, and access to shared labs for prototype testing and market validation. The program fosters entrepreneurship within a networked community, including universities and industry partners. Financed by Imdeec, the initiative offers free resources for two years, promoting growth and talent retention in Córdoba’s biotech sector.

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Cordoba Biotech

The Municipal Institute for Economic Development (Imdeec) has opened this Tuesday, November 5th, the period for its second call for the selection of projects and companies in the high-tech incubator Córdoba Biotech. Specifically, there are 20 vacant places for “innovative projects that work in the biomedical, agri-food or environmental fields and that need to carry out an incubation and acceleration process to consolidate their business model,” as explained this Tuesday by the first deputy mayor of the City Council, Blanca Torrent.

Interested parties can choose from four incubation modalities : in-person with an individual workspace; coworking , with shared resources; virtual and, for the first time, semi-face-to-face . Torrent has highlighted that there are projects that, although they have facilities to develop their work, need to receive business mentoring and use the laboratory “sporadically.”

Currently, Córdoba Biotech is accelerating 28 “highly innovative” projects, the president of Imdeec also highlighted

The new initiatives selected will, firstly, participate in a training and mentoring programme to improve their entrepreneurial skills and receive guidance on key aspects for their growth, scaling and attracting investments. In addition, they will have access to advanced support services to locate and select talent, to transfer innovation to the company, to attract investors and to manage financial resources or to internalise them.

Córdoba Biotech also has shared laboratories with high-value scientific-technological equipment that “allow market validation analyses, pilot tests and prototypes to be carried out,” explained Torrent. This is because “one of the main barriers to the growth of these startups and technology companies is the high investment they need in laboratories and R&D equipment.” Thirdly, researchers will have their own space within a specialized ecosystem that encourages entrepreneurship, innovation and knowledge transfer.

The Cordoba Biotech community

Finally, access to the programme allows them to join the Córdoba Biotech community, made up of Imdeec and collaborators with a high scientific-research component, such as the University of Córdoba, the Foundation for Biomedical Research of Córdoba, CaixaBank, leading companies and startups. “This community encourages networking, the generation of collaboration opportunities and facilitates contact with potential clients, partners and financiers in the sector,” Torrent stressed.

All resources are free of charge , as “Imdeec maintains and finances this initiative from its annual budget.” The maximum duration of the project is two years. The registration period will be open from today until December 31st.

Currently, Córdoba Biotech is accelerating 28 startups and business initiatives in which more than 60 specialists from the fields of biology, biochemistry, physics, IT and telecommunications work, as well as accounting, laboratory and graphic design staff. These are specialized, highly qualified jobs, many of which have been trained at the University of Córdoba, which allows us to “retain talent,” stressed the municipal delegate for Finance, Economy and Employment. “

As our slogan says, we have been changing many lives for a year, and we face this second year with the desire to continue moving forward so that Córdoba continues to grow,” she stressed.

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(Featured image by jarmoluk via Pixabay)

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First published in elDia DE CORDOBA. A third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Eva Wesley is an experienced journalist, market trader, and financial executive. Driven by excellence and a passion to connect with people, she takes pride in writing think pieces that help people decide what to do with their investments. A blockchain enthusiast, she also engages in cryptocurrency trading. Her latest travels have also opened her eyes to other exciting markets, such as aerospace, cannabis, healthcare, and telcos.