News & Views

  • New Wave of Medtechs Join BioExel
    Pictured at the launch of the 2019 BioExel Programme at NUI Galway are: L-r back row: Bernice Crowley, BioExel, Barry Egan, Enterprise Ireland, Gillian Buckley, Western Development Commission, Sandra Ganly, Bioexel, Robert Rosenberg, BioExel Entrepreneur in Residence and Fiona Neary, BioExel. L-r front row: Maria Jennings, Enterprise Ireland and Donal Cahalane, Galway University Foundation, NUI Galway

New Wave of Medtechs Join BioExel

Feb 17 2019 Read 602 Times

The success of the inaugural 2018 NUI Galway BioExel programme led to the completion of a second round recruitment campaign, completed last December. A highcalibre of applications were reviewed from across the globe and the final eight companies are now immersed in the 2019 BioExel accelerator programme.
BioExel offers €95,000 in seed funding to successful applicants along with six-months of intensive training, mentoring, lab space and supported interactions with potential investors. The programme allows participants to build and commercially validate their technologies by working with existing entrepreneurial networks, mentors and management team.

BioExel is managed by MedTech Director, Dr Sandra Ganly, also a co-founder of BioInnovate Ireland and Senior Research Fellow in NUI Galway; and Fiona Neary, Commercial Director and co-founder of BioExel and Innovation Operations Manager at NUI Galway.

“BioExel’s mission is to act as an honest broker between Medtech start-ups and the investment community bridging the gap between technology de-risking and raising investment, said Fiona Neary. “BioExel has positioned itself as an internationally recognised Medtech accelerator with the reputation of significantly enhancing indigenous Medtech start-ups by providing attractive seed investment funding and a pipeline of next generation Medtech start-up’s for Ireland.”

Joe Healy, HPSU Divisional Manager, Enterprise Ireland, said: “Ireland has a growing reputation in MedTech start-ups and the west of Ireland is renowned globally as a top medical device cluster. The sector is an important contributor to our economic growth and BioExel is uniquely positioned to provide essential support for the new innovative start-ups in this sector. We are delighted to continue our support for the programme, and the companies who take part as they take their first steps towards building scale and expanding their reach.”

Joined by the funding partners last month at NUI Galway, the programme officially launched the new cohort of BioExel 2019 and enabled a great working session where partners and participants came together to share experiences and business opportunities.

A full list of the companies can be found at www.bioexel.ie

Reader comments

Do you like or dislike what you have read? Why not post a comment to tell others / the manufacturer and our Editor what you think. To leave comments please complete the form below. Providing the content is approved, your comment will be on screen in less than 24 hours. Leaving comments on product information and articles can assist with future editorial and article content. Post questions, thoughts or simply whether you like the content.

Post a Comment




Digital Edition

Labmate UK & Ireland September 2019

September 2019

Articles Finding an easy, cost-effective way to break into new markets Exploring safe and intelligent multi-application liquid nitrogen cooling via auto-fill technology Characterisation o...

View all digital editions

Events

Analitica Latin America

Sep 24 2019 Sao Paulo, Brazil

Pharma Asia

Sep 24 2019 Karachi, Pakistan

ILMAC

Sep 24 2019 Basel, Switzerland

THAILAND LAB INTERNATIONAL 2019

Sep 25 2019 Bangkok, Thailand

LABComplEX

Sep 25 2019 Kiev, Ukraine

View all events