Project

Project & Programme

CT-BIO & INTERREG V-A SPAIN-PORTUGAL

The CTBio project is part of the INTERREG V-A Programme Spain – Portugal (POCTEP) 2014-2020 under priority axis 2, «inclusive growth through cross-border cooperation for business competitiveness».

In particular CTBio is in line with investment priority 3.B, which seeks the “development and implementation of new business models for SMEs, in particular internationalisation”.

Improving the competitiveness of companies in the sector and promoting joint access to external markets.

The final objective of the CTBio project is to improve business competitiveness and the consolidation of the biotech and life sciences sector in the cross-border region with a joint roadmap based on collaboration and cooperation between agents and companies on both sides of the border.

Goals

CT-BIO

Strategic Goals

The final objective of the CTBio project is to improve business competitiveness and the consolidation of the biotech and life sciences sector in the cross-border region with a joint roadmap based on collaboration and cooperation between agents and companies on both sides of the border.

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To promote cooperation and integration of the biotech sector in the cross-border area through the definitive impulse of the Iberian Biotech Cluster.

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To turn the Cluster into an agent for the promotion of sectoral competitiveness, acting as a provider of advanced services for consolidation, business development and the attraction of external financing.

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To implement systems and actions aimed at supporting development, entrepreneurship, creativity and the generation of new ideas and new business models in the biotechnology sector.

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To promote the internationalisation of the sector through the collaboration of companies and agents from the North of Portugal and Galicia in the search for joint business opportunities and the management of and access to foreign markets.

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To contribute to the strengthening of human resources in the sector through strategies for acquiring business skills.

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To promote the creation of a reference business pole and increase the supply of spaces for the implementation and consolidation of innovative business initiatives in the biotech sector.

Activities

Lines of action

Ambitious programme of actions

In order to achieve the objectives, an ambitious programme of actions will be launched to improve the competitiveness of companies in the sector and promote joint access to external markets.

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4 axis of the project include the singular activities that will allow the design, implementation and validation of the strategic programmes of the new Cluster from a perspective of competitiveness support and the international projection of the sector’s business fabric, mainly made up of SMEs.
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AXIS 1
Competitive improvement and business modernisation of the sector

1.1 Constitution of the Galicia-Northern Portugal Biotech Cross-Border Cluster.

1.2 Implementation of joint support services for biotech SMEs (advice on design and development of new business models; improvement of processes and structures; design of communication and marketing plans).

1.3 Action plan to promote hybridisation with other strategic sectors in the Euroregion.

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AXIS 3
Access to funding for a scale up

3.1 Cross-border programme of training and advice on formulas and techniques for accessing finance aimed at biotech entrepreneurs/startups.

3.2 Development of forums and cross-border joint funding rounds for the support of biotech entrepreneurship projects.

3.3 Internet portal as a catalogue of proposals seeking financing as well as search for projects to be financed by investors.

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AXIS 2
Acceleration of individual and group talent

2.1. Programme for the incorporation of managers on a part-time basis to professionalize the management of biotech companies in the start-up and consolidation phase.

2.2. Training programme for entrepreneurs with technological profiles in activities of the biotech value chain.

2.3. Advice and coaching service to ensure maximum optimisation of the potential of the biotech companies in the Euroregion in the value chain of the biotechnology subsectors.

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AXIS 4
Access to foreign markets

4.1 Promotion of coordination with other international groupings and consortia in the biotech sector or sectors linked to biotechnology.

4.2 Implementation of a joint business promotion and marketing plan.

4.3. Reverse trade missions and joint trade missions to markets of interest. Participation in sectorial fairs.

Results

Results

BIOTECHNOLOGY CROSS-BORDER CLUSTER

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Constitution of the Galicia-Northern Portugal Biotech Cross-Border Cluster

59
100

CTBio partner companies at the end of the project..

21
25

Companies supported in physical location.

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Programme for the incorporation of managers on a part-time basis

28
29

Companies from traditional sectors participating in meetings with biotech organisations.

78
140

Entrepreneurs and representatives of biotech companies in the Euroregion advised and trained in the value chain.

58
100

Biotech companies and entrepreneurs who are advised by the Cluster’s permanent service of integration in the Euroregion biotechnology value chain.

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Programme for the incorporation of managers on a part-time basis

66
75

Companies that receive management and marketing support services.

14
16

Participating companies that host managers in order to receive mentoring services.

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Cross-border training and advice programme on formulas and techniques for access to finance and the organisation of meetings with investors

31
80

Entrepreneurs and companies trained on funding formulas and business lines.

7
42

Participants in forums and cross-border joint funding rounds to support entrepreneurial projects.

120
250

Entrepreneurs and companies looking for investors through the Internet Portal.

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Trade missions and participation in international trade fairs

36
48

Entrepreneurs and companies that receive counselling and support services in their internationalisation.

5
12

Number of closed sales transactions in external markets by participating companies.