The third WIB competition announced
PLN 380 million for Polish medical biotechnology. On July 10, 2023, the third Virtual Research Institute competition started. The competition aims to finance innovative research projects with high commercialization potential.
The competition was announced on July 10, 2023. In the first two WIB competitions, research teams specializing in medical biotechnology with applications in oncology could apply for research funding. In the third competition, this area has been extended, thanks to which scientists representing all areas of medical biotechnology with therapeutic applications can submit applications. The Managing Entity of the WIB program, which is responsible for the organization and conduct of the competitions, is Łukasiewicz – PORT Polish Center for Technology Development from Wrocław.
The third WIB competition will start with information and advisory activities. The culmination of the competition will be the call for proposals on October 2-13, 2023.
The process of selecting teams that will receive project funding consists of formal and substantive evaluation based on scientific, economic, and social criteria. The last step will be signing an agreement with the research team that will receive a recommendation for funding.
The funds awarded under the WIB competition will be used to finance teams conducting scientific activity in the field of medical biotechnology, as well as to commercialize the results of their work or the know-how related to these results. The program allows financing up to 100% of the costs of implementing research tasks. It also offers team members and their institutions significant shares in future revenues from the commercialization of research results. In addition, Łukasiewicz – PORT, as the Managing Entity of the WIB Program, will coordinate activities aimed at protecting the developed intellectual property and will be responsible for its subsequent commercialization, taking over costly, time-consuming, and complicated procedures.
The announcement, and all documents related to the competition, are available on the website of the WIB program.