Organized by aws Life Science Austria (LISA), a program of Austria Wirtschaftsservice Gesellschaft mbH (aws), on behalf of the Federal Ministry of Labour and Economy (BMAW), BoB offers a unique platform for aspiring entrepreneurs.

Participants will receive valuable feedback on their business ideas from experts with extensive knowledge in life sciences, patents, finance, and entrepreneurship. Finalists in each category will benefit from individual coaching to prepare for their final pitch in front of our top-class jury. BoB also provides participants with high visibility within the life science community and valuable networking opportunities. All participants are invited to attend the exclusive awards ceremony in Vienna.

BoB is open to students, researchers, and teams or individuals from around the world who aim to turn their ideas into businesses, as well as young start-ups up to 3 years old (founded after March 31, 2022).

In 2025, the BoB will be awarded across four equal categories:

• Best BioTech Ideator
• Best BioTech Start-up
• Best MedTech Ideator
• Best MedTech Start-up

The ideator categories are for projects in the pre-foundation phase, while the start-up categories are for young companies up to three years old.

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Why Participate?

Coaching &
Training

Participate in online trainings and get valuable feedback from life science experts. Finalists will get access to Coaching Days in Vienna incl. pitch training.

Visibility &
Exposure

Make it to the finals and gain visibility through (social) media & PR placements. Pitch your product in front of a prestigious jury and participate in the exclusive award ceremony.

Networking &
Collaboration

Get in contact with industry experts and build meaningful connections within the life science ecosystem. Connect with other ideators and start-up founders.

Win
the prize

The winner of each category will receive a cash prize of 8,000 € and a free ticket for an international matchmaking event.

BoB in Numbers

25

years of Best of Biotech Competition

546

projects supported

173

companies founded

400k€

total prize money paid