EU grants 1 million euro to ScanBalt

The biotech network ScanBalt has been awarded a grant of 1 millon euro from the European Union.
The network will use the money to analyze the activities of all its members and identify core competencies as a first step to improving the network‘s effectiveness and efficiency, writes the international magazine "The Scientist".

ScanBalt is a network of networks including 11 regions of biotechnology in 11 countries by The Baltic Sea. The critical mass for biotechnology research can‘t be achieved any more at a national level, and this is the reason why it was founded in 2001. ScanBalt now wants to compete with strong biotech regions such as the UK, France and the US.

The ScanBalt region includes parts or all of 11 countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway, Sweden, Poland, the northern part of Germany and northewest Russia. ScanBalt is funded mainly by the European Commission, Nordic Innovation Centre and NorFa.

Read the article in The Scientist here
Visit the web site of ScanBalt here
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