More than 30 scientists in person participated in the BioPhoT Platform Info-day on 10 April, and around 20 online. The aim of the event was to help scientists prepare for the submission of their project proposals on 8 May.
"Given how different the objectives and criteria of BioPhoT are from traditional science funding competitions, our task is to help scientists orient themselves and prepare as much as possible for the selection process, where they will be judged not by scientists but by business people," said Osvalds Pugovičs, BioPhoT Platform Manager and Deputy Director of the Latvian Institute of Organic Synthesis.
"Under BioPhoT, the Ministry of Economics has tasked Latvian research organisations (scientists) with proposing, designing and developing research that will lead to projects that will benefit the economy for the next eight years. The overarching objective is to invest in science to boost Latvia's economic development and global competitiveness.
Research carried out by BioPhoT scientists should be able to provide new, competitive solutions in biomedicine, medicine, pharmaceuticals, photonics, smart materials, electronics and engineering systems.
After the submission of the project, the first selection round is the most important - a 5-minute presentation of the project followed by a discussion with the BioPhoT expert panel, an international team of professionals with experience in the commercial sector, business development and commercialisation of science.
"The first round will be open to those projects whose authors are able to concisely and clearly answer the questions: what specific problem in industry or the economy can be solved in this way, why it can be done with the proposed idea and how the scientist's solution is better than existing ones," the selection criteria relevant to the BioPhoT platform was pointed out by Ģirts Ozoliņš, one of the seven mentors of the platform, senior expert at the Institute of Solid State Physics.
The project teams that make it through the first selection round will go on to develop their applications in detail and will be assessed by a panel of experts from the Latvian Research Council, focusing on the scientific aspects of the idea.
€6 million is available for projects that pass this year's first funding call. Researchers will be able to receive up to €200,000 per project. A second call for BioPhoT projects is planned for autumn this year.
The BioPhoT Info-day provided participants with an overview of the application procedure, project selection criteria, the meaning of mentoring and the scope of assistance. Attendees had the opportunity to ask questions in public and to consult individually with BioPhoT mentors and experts who were there to support applicants. Through the platform's funding, mentoring support is available to project applicants already during the preparation period.
