bojdysLAB at WEF ‘Summer Davos’ Annual Meeting of New Champions

Press-release [EN]
Press-release [DE]
Press-release [EN/DE]

Michael J. Bojdys joined the delegation of the European Research Council (ERC) composed of ERC President Prof. Jean-Pierre Bourguignon and ten ERC grantees at this year’s ‘Annual Meeting of New Champions’ hosted by the World Economic Forum. Dr. Bojdys summarizes his Community Session on “Strengthening Chemical and Materials Innovation Financing”:

“The WEF focused this year in particular on “Leadership 4.0” to deliver on sustainable development goals. The technology for sustainable electronics, smart energy storage, food security and healthier living is out there, sponsored by tax-payer’s money via the ERC, for example, who are supporting my research. But most scientists lack the business literacy to bring their projects to the market. WEF and ERC identify the need for (1) better business training of scientists – that means: can you deliver an “elevator pitch” on the impact of your research on society? Can you make the same pitch to funders? (2) Better funding instruments to develop prototype devices – here, the ERC is leading with the ERC “Proof of Concept” grant scheme that pays not only for prototype development but also for a market study, and (3) how can we help scientists find the right type of funders for their pre-IPO [initital public offering] projects – an exciting new initiative by the ERC is the “Virtual Ventures Fair” [More…] that aims to bring scientists that succesfully resolved their “Proof of Concept” grants together with investors. I am particularly looking forward to work together with the new leadership of the ERC on the “Virtual Ventures Fair” project – if there’s anything we know as scientists, then it is to contribute expert opinions via peer-review.”