Two University of Leicester MIBTP students, Kalina Boytcheva and Charlotte Davison, have reached the finals of the BBSRCs Biotechnology Young Entrepreneurs scheme; Biotechnology-YES competition.

Kalina, Charlotte and their team (which is comprised of PhD students and postdocs from the Department of Genetics and Genome Biology) will join seven other teams from around the country to compete in the finals of the competition at the Royal Society in December.

In order to win the regional heat of the competition, they had to beat off five other teams by coming up with a plausible (although entirely invented) idea that could be transferred from a research lab to a valuable business. Their idea was to make structurally coloured cellulose for fabric from microalgae. They attended a two day workshop in Manchester with speakers and mentors with expertise in areas such as IP, tech transfer and finance to help them develop their ideas and business plan. On the third day they had to pitch their idea in a 15min presentation to a panel of 4 judges and ask for an “investment” followed by 10mins of questions; similar to “Dragons’ Den”.