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How to apply for Funding? In search of the holy grail Wouter Spek

Explore funding options for life science research in Europe, including financial engineering and financial options for R&D financing. Learn about sources such as ERANET, Eurostars, and European Investment Bank initiatives.

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How to apply for Funding? In search of the holy grail Wouter Spek

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  1. How to apply for Funding?In search of the holy grail Wouter Spek Microsoft Research Summer School 2008

  2. To be introduced

  3. Introducing me • Biologist University Leiden, DSM, University of California San Diego • 20 years of experience in networking & finance in the life sciences • Advisor to IRC, EUREKA and Cost • Co-founder of NGI, BioPartner, ERA-PG • Development of GeneYous, NTC Microsoft Research Summer School 2008

  4. How to apply for funding? Microsoft Research Summer School 2008

  5. How to apply for Funding? “If you don’t know who you are, this is an expensive place to find out” Microsoft Research Summer School 2008

  6. Connecting Europe’s unmetneedsESF EuroBioFund Microsoft Research Summer School 2008

  7. European Science Foundation ESF provides a platform for our Member Organisations in order to: • Advance European research • Explore new directions for research at the European level Through our activities, we serve the needs of the European research community in a global context. Microsoft Research Summer School 2008

  8. Activities of ESF Our activities • Science Strategy • Science Synergy • Science Management Microsoft Research Summer School 2008

  9. Connecting Europe’s unmetneedsThe EuroBioFund approach Microsoft Research Summer School 2008

  10. EuroBioFund History & Evolution Funding Basic research in the life sciences: Exploring Opportunities for European Synergies - 13 december 2004 Co-ordination of genomes research managers across Europe Microsoft Research Summer School 2008

  11. Quality of Life Microsoft Research Summer School 2008

  12. To initiate and facilitate strategic alliances between public and private sponsors on selected research themes in Europe Objective EuroBioFund Rationale • Improve efficiency of R&D financing in Europe – the Forum • Quality of Life – health, energy and sustainability • Strengthening the life sciences research base and infrastructure in Europe Microsoft Research Summer School 2008

  13. Scouting for research themes with European added value Cross linking of research and finance networks Brokerage & facilitation Annual event EuroBioForum Activities EuroBioFund Characteristics • Friends raising before fund raising • “Old Friends” • Unmet needs • Network profiling • Financial Engineering • A.I.D.A. Microsoft Research Summer School 2008

  14. Networking & Stakeholders Microsoft Research Summer School 2008

  15. Objectives and unmet needs Microsoft Research Summer School 2008

  16. Financial engineering Basic Research Prototyping R & D I R. o. I. Research Councils Industry Charities Banks Grants Loans Guarantees Equities Microsoft Research Summer School 2008

  17. Financial Engineering - An Example Science Industry Government Philantrophic VC Microsoft Research Summer School 2008

  18. Financial Engineering - An Example Science Industry Government Philantrophic VC Microsoft Research Summer School 2008

  19. Network & Financial engineering NETWORK NETWORK Charities/ Foundations Academia In Kind In Cash In Kind/ In Cash Subsidy Government Industry NETWORK NETWORK

  20. Some financial options? • ERANET • RSFF initiative EIB • Advanced Capital Markets • Role of charities and foundations Philanthropic Venture Capital • R&D focus in EU structural funds • Focus on Public-Private-Partnerships • European Research Council • Pre-commercial procurement Microsoft Research Summer School 2008

  21. To raise or not to raise ? Microsoft Research Summer School 2008

  22. Sources EraNet, EMBO fellowships, 7th Framework Programme (Integrated Project-IP, Network of Excellence -NoE, Specific Support Action- SSA), COST, Eureka, EUROSTARS, Marie Curie Fellowships, JEREMIE, JESSICA, JASPERS, BBSRC, MRC, European Investment Bank, Risk Sharing Finance Facility, European Investment Fund, European Cohesion Funds, European Structural Funds, European Regional Development Fund, Competitive Innovation Program, Life+, Funding Eco-Innovation, Microsoft RFP’s, The Nuffield Foundation Research and Innovation Grants, R&D tax credits, EMBO Young Investigator Program, EMBO Installation Grants, Human Science Frontier Program, European Research Council Starting Grants, Advanced Grants, AXA Research Fund, Gate2Growth, ProTon Europe, EuroBioFund, DFG, EFSA, EMEA, ILSI, Innovative Medicine Initiative, Nobel prize, SPINOZA Award, EuroCores, Article 169, Erasmus Mundus Scholarships, ESFRI, Pre-Commercial Procurement PCP), VW-Stiftung, The Wellcome Trust, EIT, Bill & Melinda Gate Foundation Global Health Program, Nato Science Program, Nokia visiting researcher, Canon Foundation Research fellowships, CEFIC LRI Science Award, FEMS Advanced Fellowship, FEBS scholarships, The Volvo Environment Prize Foundation, International Research Awards of the Alexander von Humboldt Foundation and the Helmholtz Association of National Research Centres, ESA Postdoctoral Research Fellowship, ESA Research Grant, CHIFRE, Philips Research Van der Poll program, CASIMIR Microsoft Research Summer School 2008

  23. Sources people EraNet, EMBO fellowships, 7th Framework Programme (Integrated Project-IP, Network of Excellence -NoE, Specific Support Action- SSA, COST, Eureka, EUROSTARS, Marie Curie Fellowships, JEREMIE, JESSICA, JASPERS, BBSRC, MRC, European Investment Bank, Risk Sharing Finance Facility, European Investment Fund, European Cohesion Funds, European Structural Funds, European Regional Development Fund, Competitive Innovation Program, Life+, Funding Eco-Innovation, Microsoft RFP’s, The Nuffield Foundation Research and Innovation Grants, R&D tax credits, EMBO Young Investigator Program, EMBO Installation Grants, Human Science Frontier Program, European Research Council Starting Grants, Advanced Grants, AXA Research Fund, Gate2Growth, ProTon Europe, EuroBioFund, DFG, EFSA, EMEA, ILSI, Innovative Medicine Initiative, Nobel prize, SPINOZA Award, EuroCores, Article 169, Erasmus Mundus Scholarships, ESFRI, Pre-Commercial Procurement PCP), VW-Stiftung, The Wellcome Trust, EIT, Bill & Melinda Gate Foundation Global Health Program, Nato Science Program, Nokia visiting researcher, Canon Foundation Researchfellowships, CEFIC LRI Science Award, FEMS Advanced Fellowship, FEBS scholarships, The Volvo Environment Prize Foundation, International Research Awards of the Alexander von Humboldt Foundation and the Helmholtz Association of National Research Centres, ESA Postdoctoral Research Fellowship, ESA Research Grant, CHIFRE, Philips Research Van der Poll program, CASIMIR Microsoft Research Summer School 2008

  24. Sources projects EraNet, EMBO fellowships, 7th Framework Programme (Integrated Project-IP, Network of Excellence -NoE, Specific Support Action- SSA), COST, Eureka, EUROSTARS, Marie Curie Fellowships, JEREMIE, JESSICA, JASPERS, BBSRC, MRC, European Investment Bank, Risk Sharing Finance Facility, European Investment Fund, European Cohesion Funds, European Structural Funds, European Regional Development Fund, Competitive Innovation Program, Life+, Funding Eco-Innovation, Microsoft RFP’s, The Nuffield Foundation Research and Innovation Grants, R&D tax credits, EMBO Young Investigator Program, EMBO Installation Grants, Human Science Frontier Program, European Research Council Starting Grants, Advanced Grants, AXA Research Fund, Gate2Growth, ProTon Europe, EuroBioFund, DFG, EFSA, EMEA, ILSI, Innovative Medicine Initiative, Nobel prize, SPINOZA Award, EuroCores, Article 169, Erasmus Mundus Scholarships, ESFRI, Pre-Commercial Procurement PCP), VW-Stiftung, The Wellcome Trust, EIT, Bill & Melinda Gate Foundation Global Health Program, Nato Science Program, Nokia visiting researcher, Canon Foundation Research fellowships, CEFIC LRI Science Award, FEMS Advanced Fellowship, FEBS scholarships, The Volvo Environment Prize Foundation, International Research Awards of the Alexander von Humboldt Foundation and the Helmholtz Association of National Research Centres, ESA Postdoctoral Research Fellowship, ESA Research Grant, CHIFRE, Philips Research Van der Poll program, CASIMIR Microsoft Research Summer School 2008

  25. The Tree of… Microsoft Research Summer School 2008

  26. What is behind the sources? Source: ECRM Survey 2004 Microsoft Research Summer School 2008

  27. European countries ESF 78 Member Organisations in 30 countries Some 25 billion € annually

  28. The Tree of… Microsoft Research Summer School 2008

  29. … raising = Q: How to make friends and create networks? Q: How to apply for funding? Microsoft Research Summer School 2008

  30. … raising = Q: How to make friends and create networks? Q: How to apply for funding? Microsoft Research Summer School 2008

  31. Fundraising = friend raising Also the Financers have unmet needs Even the Financers are human, it’s a peoples business Financers (public or private) also have to convince their peers (politics or board) Financers look for excellence and leadership Microsoft Research Summer School 2008

  32. Fishing waters! • Cast your line in likely waters • Use the right bait • Don’t scare the fish away • Lure the fish to you fishing hole • Use a line that’s strong enough • Don’t be discouraged if your line breaks • Keep steady pressure on the line when the fish takes the bait • Study the way of fish diligently Microsoft Research Summer School 2008

  33. EuroBioForum IIIConnecting Life Sciences September 18 – 19, 2008 Strasbourg

  34. Remember

  35. Thank you and Good Luck! +33-388762180 wspek@esf.org Microsoft Research Summer School 2008

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