New facilities pave the way for a stronger start-up innovation ecosystem - BioInnovation Institute

New facilities pave the way for a stronger start-up innovation ecosystem

New facilities pave the way for a stronger start-up innovation ecosystem

By the end of 2022, COBIS by Symbion will open a new 9,000 square meter state-of-the-art start-up office space in Copenhagen due to high demand. The decision to expand the facilities follows COBIS’ recent expansion of 3,500 square meters and comes as an extension of an agreement in the spring between COBIS and BioInnovation Institute (BII). BII remains on campus in its current premises and acquires additional lab and office space to house new start-up companies in the COBIS building on Ole Maaløes Vej in Universitetsparken, Copenhagen. COBIS’ new modernized 9,000 square meter life science start-up environment will be established in the old Novo headquarters designed by Arne Jacobsen on the corner of Nordre Fasanvej and Hillerødgade.

With this expansion of COBIS, the Danish life science community will become more robust and take the next step towards creating a prominent life science hub where world-class researchers, funding agencies, universities, hospitals, industrial companies and incubators can collaborate closely.

“Denmark today has a leading position in life science innovation, a position which can be strengthened over the coming years, to become one of the world’s leading innovation hubs with all the key players in the life science sector operating side by side. The area already houses many health professionals and together with the many life science companies, they form a strong foundation. Expanding our facilities in the COBIS building will enable us to incubate even more start-ups and research projects, such that we can fulfill our aim to provide even more opportunities to bring ideas to life and research to market for the benefit of people and society,” says Jens Nielsen, CEO of BioInnovation Institute.

By the end of August 2021, BII expects to admit new start-up companies in the Venture Lab program and Creation House program, funding start-ups with more than EUR 8M (DKK 60M) in total.

Since the inauguration of BII in November 2018, BII has awarded 35 million euros to 68 high-growth start-up companies. The start-ups have in total raised more than 112 million euros from local and international investors.

Read more about BII’s lab and office space here (https://bii.dk/lab/)

Meet the start-ups in BII’s programs here (https://bii.dk/start-ups/)

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