The impact report is here!
Get acquainted with the progress that BII experienced during 2020.
A unique insight into the development of BioInnovation Institute
We proudly present our first Impact Report, which presents data and stories from BioInnovation Institute (BII) in 2020. In the report, you can find information about how we work and our approach to fulfill our mission of bringing ideas to life and research to market. It showcases how BII has continued and progressed in establishing key partnerships with industrial companies, universities and venture capital funds. Furthermore, it confirms that BII as a commercial foundation with a non-profit objective plays a crucial role in helping early-stage companies to turn pioneering science into a range of therapeutic, health tech and bioindustrial applications with huge societal impact.
We want to take the occasion and say a huge thank you to all our partners, stakeholders and the whole ecosystem since all of you have contributed immensely to the positive development that BII experienced in 2020.
“2020 was an important milestone, as it marked the end of BII’s three-year establishment phase under the wings of the Novo Nordisk Foundation and as part of its innovation ecosystem.
2020 was a challenging year for all of us due to the COVID-19 pandemic, but also remarkable due to the entrepreneurial mindset and strong passion.
BII managed to overcome the challenges, and we are happy to see that our portfolio of projects and start-ups is thriving and growing. This report documents the overall contribution to society of BII’s initiatives and activities.
I am incredibly proud to see them battle grand societal challenges and fulfilling unmet needs such as male infertility, cancer, water-borne pests, pregnancy loss and depression.
My biggest dream is to look back 10 years from now and see how BioInnovation Institute has significantly impacted global health and the environment, but for now, let’s dive into 2020 and look at the impact created since the establishment of BII in 2018.”
Jens Nielsen Chief Executive Officer, BII
Building a catalyst platform
We have tested, evaluated and shaped our programs to meet the needs from early acceleration to maturation towards series A investment.
We have settled on the three programs that we believe will foster the start-ups of tomorrow: Venture Lab, Creation House and Faculty.
Supporting our thriving portfolio
We have planted many seeds since our inauguration in 2018 by awarding our portfolio projects and start-ups grants and convertible loans of ~EUR 38 million (14.3 million alone in 2020).
Our funding, business development support, lab- and office infrastructure and global network have allowed our portfolio to thrive.
Outreach, community & collaborations
In 2020, our community expanded in every possible direction.
We also built partnerships and collaborations with corporates and companies, universities and hospitals, investors and experts to establish a strong foundation and community for the years to come.