Business Advice and Mentoring

Throughout the maturation of a company and the technologies within it, access to individuals with experience in dealing with issues particular to each stage prove an invaluable resource.  These individuals may be engaged as consultants, Board members or even co-development partners.  At the individual level, there is often the need for mentoring, particularly of first-time CEOs or Board members.

 

Bio Innovation SA Capabilities

In addition to providing direct financial assistance to start-up bioscience companies, Bio Innovation SA has the experience and expertise to provide a range of services to assist researchers and companies, including:

• Provision of high level business expertise
• Commercial IP evaluation
• Product/technology development planning
• Business planning and market research
• Start-up company formation
• Facilitating business contacts

Bio Innovation SA plays a key role in assisting South Australian researchers and start-up companies to access public and private funding to ensure they can achieve a commercial outcome for their technologies.  Bio Innovation SA has provided assistance and advice to over 100 companies and technologies and a number of our staff are graduates of the Australian Institute of Company Directors' Company Directors Course.  The advice and assistance Bio Innovation SA offers includes:

• Providing information, advice and assistance to bioscience start-ups, companies and scientists/researchers seeking access to private sources of funding
• Assistance with commercial grant applications
• Establishing networks for global linking of research and industry to sources of international public and enterprise funding
• Linking the South Australian bioscience industry with federal strategies and programs to gain greater leverage from current and proposed funds

 

Mentoring

Mentors can share their experiences of success and failure to guide new companies throughout their development and growth. Bio Innovation SA acts as an industry mentor and may provide details on how both start-up companies and successful companies/individuals can get involved in mentoring activities.

For facilities involved in the AIB Labs program, Bio Innovation SA runs a Facility Managers Mentoring Program (FMMP) to provide management education and mentoring to enable the facilities to become self-sustaining businesses. For further information, please contact Paul Johnston, Bio Innovation SA's QA/GLP Manager at paul.johnston@bioinnovationsa.com.au, or on +61 8 8217 6400.

 

Marketing Assistance

Marketing and Communications assistance is provided to start-up bioscience companies to assist them to identify customers, promote their technologies and services to local, national and international bioscience markets and collaborate with potential partners.

For further information, contact Nicole Brackenridge, Marketing & Communications Manager, on +61 8 8217 6400 or at nicole.brackenridge@bioinnovationsa.com.au.

 

Links

The links below will direct you to local mentoring networks:

Australian Institute of Company Directors	www.companydirectors.com.au/coachandmentor/index
BioAngels Inc	www.bioangels.org
Innovation Xchange Network	www.innovationxchange.com.au/index

 

 

 

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