In order to promote innovation and entrepreneurship in Bulgaria and Europe, the Spinoff Bulgaria initiative was established through a partnership between the Health and Life Sciences Cluster Bulgaria, the Artificial Intelligence Cluster Bulgaria, Venrize and ISTEB organization.
The initiative aims to create a sustainable spin-off ecosystem and culture by connecting national stakeholders with international partners. As part of this effort, the initiative will showcase best practices and insights from universities, investors, governments, corporates, and relevant industry experts, and highlight funding opportunities from European organizations. The event will also feature content designed to encourage companies to collaborate more closely with universities and leverage existing scientific infrastructure.
The SpinOff Initiative consists of:
A network of innovative organisations, clusters, associations, companies & communities.
A team of ecosystem builders, innovators, entrepreneurs & industry experts.
A common vision for cross-industry, cross-national innovation and the goal to bring Bulgaria in a leading position for future developments.
Hear from world leading experts on spinoff innovation and technology transfer1
Meet with likeminded peers and network with key opinion leaders2
Learn about best practices of innovation commercialisation from renowned experts3
Increase your prospective clients, find business and investment opportunities4
The first edition of Spinoff Bulgaria Conference offers an exciting opportunity for business, academia, investors, healthcare and government stakeholders to get together and discuss the future of innovation. The programme consists of plenary sessions with Q&As, panels and active networking and matchmaking opportunities.
Artificial Intelligence (AI) refers to the simulation of human intelligence in machines that are programmed to mimic human cognition, such as learning, problem-solving, reasoning, and decision-making. It involves the development of algorithms and computer programs that can analyze data, recognize patterns, and make predictions or decisions based on that data. AI applications can be found in many areas, including natural language processing, speech recognition, image and video analysis, robotics, and self-driving cars, among others. The ultimate goal of AI is to create intelligent machines that can perform tasks and make decisions without human intervention or guidance.
Biotechnology is the use of living organisms, cells, or biological processes to develop new products, technologies, and applications. In the field of medicine, biotechnology is used to develop new drugs, therapies, and medical devices, as well as to improve diagnostic techniques and patient care.
Biotech and medicine involve the application of scientific and engineering principles to solve healthcare-related problems. This includes developing new drugs and vaccines, designing medical devices, and creating diagnostic tools that can detect diseases at an early stage.
Cybersecurity refers to the practice of protecting electronic systems, networks, and sensitive information from unauthorized access, theft, damage, or disruption. With the increasing use of technology in various aspects of our lives, cybersecurity has become increasingly important in protecting both personal and business information.
Cybersecurity involves a variety of measures, including the use of firewalls, encryption, antivirus software, and intrusion detection systems, among others. It also includes the development of policies and procedures to manage and respond to cyber threats, such as data breaches and cyber attacks.
Deep tech refers to the development and application of cutting-edge technologies that are based on scientific or engineering innovations. These technologies are often complex and have significant potential to transform industries and solve some of the world's most pressing problems.
Examples of deep tech include artificial intelligence, quantum computing, blockchain, robotics, nanotechnology, and biotechnology. These technologies require significant investment in research and development, as well as specialized expertise, to bring them to market.
Drones, also known as unmanned aerial vehicles (UAVs), are flying machines that are operated remotely or autonomously. They can be equipped with various sensors, cameras, and other equipment to perform a range of tasks, such as aerial photography, surveying, search and rescue, and delivery.
Drones have become increasingly popular in recent years due to their versatility, accessibility, and affordability. They are used in a wide range of industries, including agriculture, construction, media, and transportation. For example, drones can be used to inspect crops, map construction sites, capture aerial footage for films and television shows, and deliver packages to remote or inaccessible areas.
While drones have many advantages, they also present some challenges, such as safety concerns and privacy issues. There have been instances of drones interfering with air traffic, causing accidents, and invading people's privacy by capturing images or recordings without their consent.
To address these issues, regulations have been put in place to govern the use of drones. These regulations vary by country and region but generally require drone operators to obtain licenses, follow safety guidelines, and respect privacy rights.
Overall, drones are a rapidly evolving technology that has the potential to revolutionize various industries. As the technology continues to advance, it is important to balance the benefits with the risks and ensure that drones are used safely and responsibly.
Female entrepreneurship refers to the process of women starting, managing, and growing their own businesses. Over the years, there has been a growing movement towards increasing the representation of women in entrepreneurship, as they have traditionally been underrepresented in this field.
Female entrepreneurship has significant economic and social benefits, as it creates jobs, promotes innovation, and fosters diversity and inclusivity in the business world. Women-owned businesses have also been shown to have a positive impact on the overall economy, contributing to economic growth and development.
Despite these benefits, female entrepreneurs still face many challenges, such as limited access to funding, resources, and networks. Additionally, there are societal and cultural barriers that can make it more difficult for women to start and grow their businesses, such as gender bias and discrimination.
To address these challenges, there have been various initiatives aimed at promoting and supporting female entrepreneurship, such as mentorship programs, networking events, and funding opportunities specifically for women-led businesses.
Overall, female entrepreneurship is a critical component of economic and social development, and efforts to support and promote women in this field are essential for creating a more inclusive and equitable business landscape.
Pan-European innovation ecosystems refer to the networks of organizations, institutions, and individuals across Europe that are involved in promoting innovation and entrepreneurship. These ecosystems are designed to support the growth and development of startups and small businesses, as well as to facilitate collaboration and knowledge-sharing across different sectors and regions.
The European Union has recognized the importance of innovation ecosystems in driving economic growth and competitiveness and has invested in various initiatives to support their development. These initiatives include funding programs, such as Horizon Europe and the European Innovation Council, which provide financial support to startups and innovation projects.
In addition to government support, there are also many private and non-profit organizations that play a critical role in the development of innovation ecosystems. These organizations provide a range of services, such as mentoring, networking, and access to funding, to help startups and small businesses succeed.
Pan-European innovation ecosystems also foster collaboration and knowledge-sharing across different sectors and regions, which can lead to the creation of new ideas and solutions. This collaboration is facilitated by events and initiatives such as hackathons, accelerator programs, and incubators.
Overall, Pan-European innovation ecosystems are a critical component of Europe's innovation and entrepreneurship landscape. They provide a supportive environment for startups and small businesses to thrive and drive economic growth and development across the continent.
Quantum refers to the field of physics that studies the behavior of matter and energy at a quantum level. This field has led to the development of quantum technologies, which are based on the principles of quantum mechanics and have the potential to revolutionize various industries.
One of the most promising applications of quantum technology is in computing. Quantum computers are designed to perform certain calculations much faster than traditional computers, which could have significant implications for fields such as cryptography, drug discovery, and climate modeling.
Another area where quantum technology shows promise is in communication and encryption. Quantum communication is based on the principle of quantum entanglement, which allows for the secure transmission of information over long distances without the risk of interception or eavesdropping.
Quantum technology also has potential applications in sensing and imaging, with the development of quantum sensors that can detect subtle changes in the environment and quantum imaging systems that can capture high-resolution images of biological molecules and other materials.
Despite the potential benefits of quantum technology, there are also challenges to its development and implementation. These challenges include the high cost of research and development, the need for specialized expertise and equipment, and the difficulties in scaling up quantum systems to practical applications.
Overall, quantum technology is a rapidly evolving field with the potential to transform various industries. As the technology continues to advance, it will be important to balance the benefits with the challenges and ensure that quantum systems are developed and used in a safe and responsible manner.
Robotics is the field of study and practice of designing, building, and programming robots, which are machines that can perform a variety of tasks autonomously or under the control of a human operator. Robotics combines aspects of mechanical engineering, electrical engineering, computer science, and artificial intelligence to create machines that can sense, perceive, and interact with their environment.
Robots have a wide range of applications, from manufacturing and assembly to space exploration and healthcare. In manufacturing, robots are used to perform repetitive tasks with high precision and efficiency, leading to increased productivity and cost savings. In healthcare, robots can be used to assist with surgeries, provide physical therapy, and help with elderly care.
Advancements in robotics have also led to the development of autonomous vehicles, such as self-driving cars and drones, which have the potential to revolutionize transportation and logistics.
While robotics offers many benefits, it also presents some challenges, such as safety concerns and the potential impact on employment. There are also ethical considerations to be taken into account, such as ensuring that robots are programmed to operate in a safe and responsible manner and that they do not pose a threat to human well-being.
Overall, robotics is a rapidly growing field with a wide range of applications, and as the technology continues to advance, it has the potential to transform various industries and improve our daily lives.
A spinoff factory is a type of business incubator or accelerator that focuses on creating new startups based on technology or intellectual property developed by an existing company or organization. The goal of a spinoff factory is to help these startups quickly and efficiently develop and commercialize their ideas, products, or services by providing them with access to funding, resources, and expertise.
Spinoff factories can be operated by a variety of organizations, including universities, research institutions, and corporations. They typically provide a range of services to startups, such as mentoring, networking, access to capital, and technical expertise.
One of the key advantages of spinoff factories is that they leverage the knowledge and expertise of the parent company or organization, allowing startups to benefit from their experience, resources, and networks. This can help accelerate the development process and increase the chances of success for the new ventures.
Spinoff factories also provide benefits to the parent company, as they allow them to monetize their intellectual property and create new revenue streams. Additionally, by supporting startups in their ecosystem, the parent company can foster innovation and entrepreneurship, which can have a positive impact on their overall business strategy and competitiveness.
Overall, spinoff factories are an effective way to support the creation of new startups and commercialize technology or intellectual property. They can help accelerate the development process and create new opportunities for both the startups and the parent company.
Virtual reality (VR) and augmented reality (AR) are technologies that allow users to experience computer-generated environments and objects in immersive and interactive ways.
VR creates a fully immersive, simulated environment that can be experienced through a headset or other specialized equipment. Users can interact with this environment using controllers or other input devices, and can move around and explore as if they were physically present in the virtual space. VR has applications in gaming, training simulations, and even therapy.
AR, on the other hand, overlays computer-generated objects or information onto the real world, typically through the use of a smartphone or other device with a camera. This technology enhances the user's perception of reality by adding digital elements to their surroundings, such as virtual furniture in a room or information about a museum exhibit.
Both VR and AR have numerous applications across a range of industries, from entertainment and education to healthcare and architecture. They can be used to enhance training and education, improve design and visualization, and create engaging and immersive experiences for consumers.
However, there are also challenges associated with these technologies, such as the need for specialized hardware and software, the potential for motion sickness and other health concerns, and issues with privacy and data security.
Overall, VR and AR have the potential to transform the way we interact with digital content and the world around us, and as the technology continues to evolve, we can expect to see even more innovative and exciting applications in the future.
“Spinoff Bulgaria” is an initiative that aims to create and implement a sustainable spin-off ecosystem and culture, which by 2030 will create 100 new technological startups originating from science universities or existing corporations.
Name: Kristina Eskenazi
Phone: +359 88 804 2205