Deadline looms for Renewable Chemistry Start-Up Award applications

In the EU, this is the last week for applications in the a Renewable Chemistry Start-Up Award sponsored by Sofinnova Partners and supported by Sustainability Consult. The deadline for applications is 30 May and online voting for the best five companies will end on 5 July.  A jury of industry experts will select the winner on 20 July at the BIO World Congress on Industrial Biotechnology in Montreal, Canada.

Joško Bobanović, Green Seed Fund Partner at Sofinnova Partners said, “Sofinnova Partners is pleased to launch this prestigious award as we work tirelessly to build a supportive ecosystem for cutting-edge renewable chemistry start-ups.”

Eligible start-ups must have revenues of less than $5M, be active in renewable chemistry, industrial biotechnology or renewable fuels, have an ambitious plan with unique technology characteristics — and Sofinnova Partners’ portfolio companies are not eligible to participate

“Sofinnova Partners brings critical venture capital to early-stage technology development, helping start-ups emerge and contributing to the growth of the biotech industry,” said Brent Erickson, Executive Vice President, Industrial & Environmental, Biotechnology Industry Organization.  “We are pleased that Sofinnova has decided to launch and present its Renewable Chemistry Start-Up Award at the 2015 BIO World Congress on Industrial Biotechnology, highlighting the rapid growth and opportunities in this sector.”

More details on the Sofinnova Renewable Chemistry Start-Up Award, supported by Sustainability Consult are available here. 

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