Science startups can apply for the $30,000 Catalyst Grant from Digital Science, the scientific division of Holtzbrinck Digital.
The technology company Digital Science supports young science companies that contribute to increasing efficiency in research. The Catalyst Grant Award is intended to support startups that have the potential to revolutionize the world of science. scholarship is aimed primarily at young companies that are in the early stages of product development.
In addition Julian Oei, CEO of Holtzbrinck Digital:
With the Catalyst Grant, we have created a program that connects us with virtually all interesting science startups, not only in Europe, but also in the US, Latin America, and Asia. This gives us an opportunity to support and promote young startups at the very beginning, namely in the idea stage."
Application deadline for Catalyst Grant scholarship is June 30
Young science companies can apply for the grant twice a year. Startups interested in applying can submit their ideas to Steve Scott, Director of Portfolio Development at Digital Science, via Email The application deadline is June 30, 2019.
The winners of the last round
In the final round of the competition, the startups Scismic and Rationally emerged victorious. Scismic, based in Boston (USA), offers an automated job board designed to promote diversity in the biopharmaceutical industry. It searches for suitable specialists for open positions. Only professional experience is considered, and bias is eliminated through the use of ethically and gender-neutral algorithms. Rationally, based in Colorado (USA), aims to help scientists make experiments reproducible. The platform is designed to identify and eliminate biases.
Steve Scott from Digital Science sees the Catalyst Grant Award as a good opportunity to support and encourage young entrepreneurs on their journey:
"The idea generators themselves are best placed to determine the innovation needs, but at the same time, it is incredibly difficult for them to secure early-stage financing. Finding investors with an understanding of research is a major challenge, and so many potentially successful ideas never make it past this stage,"
He continues:
“Our financial support, along with our industry experience, makes a real difference.”
