Best of Biotech
History. Since the first contest in 2000, 211 projects teams have participated, 41 companies have been founded and around €170,000 in prize money has been awarded. Among the companies founded are AYOXXA Biosystems, AVIR Green Hills Biotechnology, Oridis Biomed, Protaffin AG and Ugichem. Competition. The contest is divided into two phases: In the first phase, participants submit a business idea of which the best three are awarded a cash prize. The second phase includes workshops and coaching sessions, which enable the participants to translate their business ideas into professional business plans. The best three business plans  as well as the best medical technology business plan are finally awarded cash prizes. The competition is open to participants from all countries. The 2010 Jury had the following members: G. Aichinger (Baxter), J. Sarx (Austria Wirtschaftsservice), E. Prieschl-Grassauer (Marinomed), T. von Rüden, M. Fritz (Austria Wirtschaftsservice), M. Müller (MUW), A. Weinländer-Mölders (Caesar & Loretz), R. Hodits (Wellington Partners), M. Jung (Earlybird), A. Fehér (Convincive Consulting), J. Rothe (Life Science Partners), J. Kosch (MIG Fonds)