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From research to market
Switzerland is recognized worldwide as a top research location. But compared to the US, there is a problem with the Swiss innovation chain. Too few of the high-calibre research results are translated into products and enterprises; the potential to create high value added jobs is not exploited.
This is where the Venture Kick pre-seed fund comes in: Venture Kick's objective is the early-stage identification and promotion of business ideas at Swiss universities. The fund serves as a launch pad to enable young researchers to turn their results into products, companies and jobs more quickly and more successfully. Intensive coaching is provided to guide projects from the initial business idea to the founding of a company in only 9 months. Up to CHF 130,000 in start capital is paid over three stages.
Every month, potential startups have an opportunity to present their promising business ideas to a jury of successful entrepreneurs and investors. With a 50% chance of getting through, the competition is high. The aim is to make startups both fit for investors and marketable. At the end of 2018, more 600 projects had been supported with CHF 25,000,000. It contributed to the launch of over 450 startup companies attracting CHF 2,500,000,000 in additional financing and representing over 6000 active jobs. Read the full report.
- Dr. Pascale Vonmont, Gebert Rüf Stiftung
- Dr. Suzanne Schenk, ERNST GÖHNER Stiftung
- Dr. Igor Fisch, Selexis AG
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