Biotech & Life Science Meetup Mainz

This week, our co-founder Sven Binder was invited to participate in the Biotech & Life Science Meetup in Mainz and moderated a session on financing possibilities for Life Science start-ups. Two ministers from Rhineland-Palatinate (Daniela Schmitt and Clemens Hoch), well-known founders and investors joined the event to discuss the future of Mainz as Life Science hub.

During the moderation session, Sven was able to answer questions from potential founders to help them take their first steps on their entrepreneurial journey. Additionally, we connected to business angels and VC’s that are interested in investing in promising Life Science start-ups.

Various pitches from interesting Life Science start-ups and start-up ideas as well as two panel discussions underlined the excellent conditions for Life Science Start-ups in Mainz. However, three major fields of action were identified that need to be improved:
·       More access to lab space
·       More access to funding
·       More access to templates (e.g. licensing agreement, contracts, …) and the know-how to implement them

The Technologie Zentrum Mainz intends to promote spin-offs and start-ups from Johannes Gutenberg University Mainz and University Medical Center Mainz by addressing the identified challenges in future. We as LabBench2Business are looking forward to further collaborate with the Life Science start-up ecosystem in Mainz.