Interest for SAAM at the 1st UTILE Business and Innovation Workshop

The SAAM project aroused a great interest among the participants in the 1st UTILE Business and Innovation Workshop, held in Sofia on the 15th June 2018. There, the project manager Vera Veleva (BILSP) presented the state of play of the project to the Bulgarian healthcare sector.

The workshop gathered nine promising health and life science projects funded under FP7 and Horizon 2020 and four start-ups to offer them valorization support for their research results. The workshop focused on IP and IP management, access to finance and licensing and commercialization of innovative products. The training was led by acknowledged experts specialized in IPR, funding opportunities and licensing.

At the end of the forum, the participating projects, including SAAM, established a Bulgarian informal cluster on health and life science.

The UTILE project

The UTILE project (the EU-Health innovation marketplace) is funded by the European Commission and its aim is to analyze the results of all finished Health projects within FP7 and H2020 and identifies the research results with the highest potential for further valorization and exploitation. UTILE is an ideal platform for actors within the life sciences and health sector to collaborate with each other, to find clustered information, and to have an overview of promising research results that went through extensive evaluation.

UTILE presents the EU-Health innovation marketplace, an online tool to increase valorization of the FP7 Health and Horizon2020 SC1 project results. This marketplace will actively bring together Innovation Providers (i.e. technology push) and the Innovation Developers (i.e. market pull). Moreover, in order to bring technology push and market pull successfully together, UTILE will analyze around 1200 past granted Health projects in FP7 and H2020 to identify the research results with the highest potential for translation and exploitation.

Through an inventory of best practices and by implementing and promoting this marketplace, UTILE will support the sustainable exploitation of (current and future) Health project outcomes. The marketplace provides services and tool boxes to improve the valorization potential of health research projects and offer matchmaking opportunities with the industry and investors who are therefore able to find promising research ideas, ready to commercialize.

In addition, UTILE organizes a series of offline activities to its users such as workshops and roundtables at international conferences, brokerage events, technology valorization courses and trainings. Special attention will be given to the participation of start-ups, SMEs and the involvement of low performing countries.

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