Competitive regional economic development in the Baltic Sea Region requires strong clusters based on a solid industrial base and with strong links to academic research and regional authorities. This was the conclusion of a round table discussion held 7 March in Riga, Latvia. Participants were regional and national authorities, the Nordic Council of Ministers, industries, universities and clusters within life sciences and biotechnology. The round table was organised by the Latvian Association of Biotechnology and ScanBalt as part of an EU funded project “Bridge-BSR” which over the next 3 years shall strengthen bridges between academic research and SME´s in order to promote commercialisation and job creation.
 
The coordinator of Bridge-BSR, General secretary Peter Frank, ScanBalt, says “We look forward to establish cross-border support structures for SME´s in the Baltic Sea Region. They need easier access to private-public financing and they need support to participate in EU-programmes. We hope to initiate successfully the necessary structures and intend to create a widely accepted joint innovation plan. The plan will focus on SME´s within life sciences in the Baltic Sea Region – ScanBalt BioRegion. In addition we will reinforce our efforts to integrate management of Intellectual Properties in academic research in order to promote exploitation. However to be successful requires strong regional clusters throughout the region, this is a prerequisite. We work to promote this development.”.
 
For further information contact:
 
Peter Frank, +45 35 32 41 46, pf@scanbalt.org
 
About ScanBalt BioRegion and ScanBalt
ScanBalt BioRegion is composed of Life Science and biotechnology actors in the Nordic countries, Balticum, Poland, Northern part of Germany and North western Russia. The ScanBalt BioRegion have 11 countries and 85 million people, more than 60 universities and 2173 life science/biotech companies including 671 research based biotech SME´s. ScanBalt facilitates and co-ordinates regional and national efforts in ScanBalt BioRegion. It enhances visibility and attracts human, industrial and financial resources to the region and to the members. ScanBalt encompasses regional and national life science triple helix networks between companies, universities, hospitals, tech transfer organisations and public authorities.
 
Read more at www.scanbalt.org