Story supplied by LU Press Office
Two teams of young researchers from Lancaster University and the Centre for Ecology and Hydrology are set to test their business skills in a national competition for entrepreneurs in science.
The Biotechnology YES (Young Entrepreneurs Scheme) = sponsored by the Biotechnology and Biological Sciences Research Council - is an innovative competition developed to raise awareness of the commercialisation of bioscience ideas among postgraduate students and postdoctoral scientists.
Each of the teams will present their hypothetical business ideas to a panel of judges. The teams will be judged on their business planning and the feasibility of their plans for marketing, research and development, finance and management. Should they prove successful they will proceed to the final in London this December.
Lancaster Environment Centre's Enterprise and Business Partnership Unit is sponsoring the teams in the latest round of the competition which has been running for seven years. This is the first year a team from Lancaster has entered the competition.
LEC - which is based at Lancaster University - brings together University scientists with those from the Natural Environment Research Council's Centre for Ecology & Hydrology to form one of the largest groupings of Environmental research scientists in Europe.
The Biotechnology YES teams are drawn from Lancaster University's Departments of Biology and Environmental Science as well as the Centre for Ecology & Hydrology.
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