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elsa program

Accelerator Business Plan Entrepreneurship Networking Pitch Training Product Protection Regulatory Affairs

The ELSA program helps life science start-ups shape their business ideas to make them viable and propel them to the next level in the shortest possible time. As a continuation of the former AHEAD Life Science Track, the program is conducted by the Life Science Factory in collaboration with partners Fraunhofer and Helmholtz Munich. Selected life science start-ups receive free support in a condensed period of 3×2 days, focusing on technology, market and customer understanding, as well as strategy and investor outreach.

The accelerator program emphasizes individual coaching sessions with experts on specific topics such as financing models, intellectual property (IP), or pitch training. Through interactions among themselves and with our coaches, start-ups are empowered to advance their projects intensively. The program concludes with a pitch event in front of an expert and investor jury, as well as a wide audience. All components of our program are conducted in English.

application for the ELSA Track 2023

The registration deadline for the 2023 track has already passed.

Who can participate?
Individuals, teams or start-ups with a technology related to life sciences (drug development, medtech, biotech, food and more.) If you are unsure whether the ELSA program is suitable for you, please feel free to contact us.

How does the application process work?
Fill out the contact form, including a pitch deck or a short presentation (e.g., information about technology, market, team, support needs), and submit it by July 21, 2023, at the latest. The earlier we receive your application, the sooner we can start the personal exchange and provide optimal support for your idea!

about the elsa program

program structure

ELSA is short for Entrepreneurial Life Science Accelerator. The ELSA program kicks off with the Bootcamp in September. The other check-ins will take place in Göttingen in the period from October to December.

What are the objectives of the ELSA program?

  •  Developing a viable business model and market validation
  •  Creating a target group oriented pitch
  •  Forming an entrepreneurial team
  •  Enhancing business development and acquisition expertise
  •  Establishing a network with relevant partners in the life science industry

What is happening at the ELSA program?

The program consists of keynote speeches and workshop sessions covering topics such as team, market and product, as well as networking events with industry partners, life science entrepreneurs and experts. The core of the program lies in the individual coaching sessions with up to 15 experts on various topics from the life science field.

process and dates

Bootcamp: Intensive kick-off day: September 6, 2023
 
  •  Stress test for team and project
  •  Needs assessment with lead coaches
  •  Day concludes with a special event including networking
1st Check-in: October 5-6, 2023
2nd Check-in: November 7-8, 2023
3rd Check-in: December 6-7, 2023 (including final pitch event)
  •  2-day topic workshops by experts on validation market / product / team
  •  1-on-1 coachings with life science coaches
  •  Pitch sessions and networking event with potential partners and investors

registration for this year’s Pitch bowl is already open!

 register here

coaches & experts

Serghei Foto

Serghei Glinca

CEO & Co-Founder, CrystalsFirst

Jan Wende1zu1

Jan Wende

Managing Director, mediq innovation experts

Grit_1zu1

Dr. Grit Zahn

Head of Research, Eternygen GmbH

Thomas_1zu1

Dr. Thomas Reichthalhammer

Consultant, MedTech360

julia_1zu1

Julia Schomburg

Geschäftsführerin, Arkadien Finanz GmbH

siro_1zu1

Siro Gottardi

Life Sciences & Health Technology Specialist

trent_1zu1

Trent Huon

Business Designer, Freelance Consultant

Schindler,Simona (4)

Simona Schindler

Biotech Venture Building, Blue Ribbon Partners

2021.12.02 Life Science Factory - Portraitaufnahmen Katrin Wallbrecht 7128_ins

dr. katrin wallbrecht

QM & Regulatory, Life Science Factory

Schuppmann, Daniel_1zu1

Daniel Schuppmann, ll.m.

Lawyer, Associate, Neuwerk

Welge, Jonas_1zu1

Dr. Jonas Welge

Lawyer, Senior Associate, Neuwerk

Edgar-portrait-small_quadrat

Dr. Edgar-John Vogt

Venture Manager, Life Science Valley

200814-Anwaelte_White-IP_web_7031_1zu1

Sebastian Mähler

Managing Director Business Consulting, white IP

2019_KK_Ascenion_Zimmermann-20_1zu1

Dr. Anja Zimmermann

Equity Management & Valuation, Ascenion

Berit Hamer Web_1zu1

Dr. Berit Hamer

Global Health & Life Sciences Consulting

arnd_steuernagel-3374 1zu1 1MB

Dr. Arnd Steuernagel

Scientific Opportunity Development

interviews with start-ups and coaches of the program

Experiences of Mnemogen

Mnemogen participated in the Life Science Track 2019 and won the special prize “Life Sciences” at the LIFT-OFF start-up competition last year! Get an insight into the team’s experience in the interview!

Experiences of Advosense

The Advosense team also took part in the Life Science Track 2019! Insights into the team’s experiences during the track and information about the current status of the start-up can be found in the interview!

Experiences of Grit Zahn

Grit is one of our LEAD coaches in the AHEAD Life Science Track and now in the ELSA program! She already participated in the last years and will also support all teams this year. What you can learn from Grit and what is special about the Life Science Track from her point of view, you can find out in this interview!

Experiences of Thomas Reichthalhammer

Thomas already coached our teams 2020 and was a great enrichment for all teams with his expertise! Thomas as also a LEAD coach of the program – he is just like Grit a permanent contact person for the teams! How exactly Thomas supports the teams and why he is part of the AHEAD Life Science Track, you can read in the interview!

 

contact

irina reimer

Program Director

irina@lifescience-factory.com
+49 175 7934152

Martin Strehle

Community & Venture Manager

martin@lifescience-factory.com
+49 160 931 885 75

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Wildcard Challenge

1x a year

Accelerator Entrepreneurship Networking Start-up Consulting

Let’s develop your idea together!

Do you have a sound idea for a start-up? Is your idea embedded in the field of life sciences (biotechnology, medical technology, pharmaceuticals, etc.)? Do you want to develop your idea with excellent coaches and get straightforward feedback?

Then you are a perfect contestant for our Accelerator Wildcard Challenge!

Together with our partners White IP and High-Tech Gründerfonds (HTGF), we’ll devote a day to input and feedback all about your idea. You will learn the Business Model Canvas and Roadmap approaches. We’ll work with you to develop a tailored roadmap for your upcoming challenges.

And the best part is: You may win a wildcard spot in the ELSA program!

Join us there and make the most of this opportunity! Will you be the next Life Science Unicorn? You’ll never know unless you try!

Goals and advantages of the Wildcard Challenge

What do we do at the Wildcard Challenge?

  •  Evaluate your business idea
  •  Create a business model canvas and a roadmap tailored to your idea
  •  Evaluate the innovativeness, marketability, go-to-market options, regulatory aspects, and product security options for your idea
  •  Offer input on investor meetings, as well as strategies for potential partnerships and understanding the customer base

What are your advantages?

  •  You receive free coaching from selected life science experts
  •  You are shown possible stumbling blocks at an early stage
  •  You learn to better understand your potential customers and partners
  •  You add valuable contacts to your personal network

Application procedure

Registration for the Wildcard Challenge is not open yet. If you are interested or have questions about the program, just fill out the contact form to get in touch with us. If you sign up for our newsletter, you will be informed as soon as registration for the Wildcard Challenge opens. 

Request

Procedure of the Wildcard Challenge

09.30 to 10.00 AM: Warm-up

Status analysis based on the Business Model Canvas for idea/technology | market | IP | financing

10.00 AM – noon: Work session

Transfer from BMC to the roadmap
1:1 session between teams & coaches

Noon – 1.00 PM: Lunch break
1.00 – 4:00 PM: Work session

Transfer from BMC to the roadmap
1:1 session between teams & coaches

4.00 – 6.00 PM: Next steps  

Determining the next steps from roadmap
1:1  session between teams & coaches

6:30 PM: Award ceremony & get-together

 

Information about the Wildcard Challenge will be published soon. Sign up for our newsletter to stay informed.

Jury 2022

200814-Anwaelte_White-IP_web_7031_ins

Sebastian Mähler


martinstammann (2)

Martin Stammann


2021.12.02 Life Science Factory - Portraitaufnahmen Tatjana Kasper 7268 1_ins

Tatjana Kasper


Organizers of the Wildcard Challenge

High-Tech Gründerfonds

HTGF is a seed investor, seeking out and financing technology start-ups that have growth potential. With a volume of around €900 million spread across three funds and an international network of partners, HTGF has accompanied more than 650 start-ups since 2005. Their team of experienced investment managers and start-up experts supports the young companies with know-how, entrepreneurial spirit, and passion. The focus is on high-tech start-ups in the fields of digital tech, industrial tech, life sciences, chemistry, and related business areas. More than €4 billion in capital has been invested in the HTGF portfolio by external investors in more than 1,800 follow-on financing rounds to date. In addition, the fund has sold shares in more than 150 companies.

The fund investors in this public-private partnership include the German Federal Ministry of Economic Affairs and Climate Protection, KfW Capital, the Fraunhofer-Gesellschaft and 32 companies.

https://www.htgf.de/en/

 

white ip group

White IP Business Solutions GmbH is part of the White IP Group, alongside White IP Patent & Legal GmbH. They support pioneering companies with respect to both business management and legal matters in all aspects of innovation. From intellectual property rights (patents, trademarks, designs, etc.) to exploitation possibilities, strategies, and realization of business projects, their expertise is your advantage.

White IP can advise start-ups on their strategic orientation, protection and exploitation of their ideas, process design and even corporate transactions.

The White IP Group has a patent law firm and a management consulting company as legally independent entities, giving them the interdisciplinary expertise to partner with you in addressing questions concerning intellectual property rights and business management.

Patent law firm and management consultancy, Dresden | white ip (white-ip.com)

 

Life Science Factory

The goal of the Life Science Factory is to promote scientific progress in the life science sector and strengthen research and development of innovative technologies that have a clear application focus.

Since January 2022 we have been offering start-ups fully equipped laboratory space, including state-of-the-art equipment, in the Sartorius Quarter.

In its 3,300 m² meter facility, the new Life Science Factory is also home to innovative event and office spaces, as well as the Maker’s Factory.

Life Science Factory (lifescience-factory.com)

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life science valley

Accelerator Business Plan Entrepreneurship Funding Start-up Consulting
about the program

The Lower Saxony high-tech incubator for start-ups in the life sciences

The Lower Saxony Ministry of Economic Affairs is funding a number of high-tech incubators at various locations throughout the state with the objective of accelerating the establishment of new high-tech companies in Lower Saxony, supporting innovations, and ensuring the viability of the region into the future.

Life Science Valley’s founding partners

Life Science Valley GmbH was founded jointly by the University of Göttingen Medical School, Life Science Factory, and Sartorius in a collaborative effort combining excellent science & research, profound knowledge of start-up incubation and acceleration, and innovation-driving industry.

For more information on Life Science Valley, click here.

contact

Levke Johanna Deutsch

HTI Programme Management

Levke-Johanna.Deutsch@lifescience-valley.de
+49 1511 719 3023

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