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Winning early-career researchers excel in entrepreneurship
Date:12/6/2011

p>Glyn Edwards, interim Chief Executive of the BioIndustry Association (BIA) "Recent announcements by the government have underlined how important the commercialisation of our world-class life sciences research will be to rebalancing our economy and driving growth. The early-career researchers I saw at Biotechnology YES demonstrated an impressive understanding of what it takes to bring scientific research to market and tremendous enthusiasm for taking their science out of the lab. Encouraging and developing business skills in scientists is a great investment for the UK economy."

An independent review of Biotechnology YES published in 2010 showed that it gives early career researchers the edge in entrepreneurial skills and future career prospects. Having participated in the 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.

For the sixth year, a spin-off competition called Environment YES has been run by the Natural Environment Research Council. 3 teams competed last night in parallel with the Biotechnology YES competition for the Environment YES title, with ReNeVention Ltd from the University of East Anglia being crowned the winners.


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Contact: Mike Davies
mike.davies@bbsrc.ac.uk
01-793-414-694
Biotechnology and Biological Sciences Research Council
Source:Eurekalert

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