Compete for the
Best Business Ideas
in Biotech & Medtech!
aws BoB is a prestigious international competition in life sciences, designed to transform groundbreaking ideas into successful innovations. In 2025, BoB will celebrate its 11th round in a special 25th anniversary edition!
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:
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.
Frequently Asked Questions:
- Inspiring Life Science Entrepreneurs: Motivating scientists and other creative individuals in the life sciences to pursue entrepreneurship.
- Transforming Innovations: Supporting participants in developing life science innovations into professional business concepts and presentations through comprehensive, personalized coaching.
- Visibility and Networking: Offering high visibility for winners within the life science community and valuable networking opportunities for all participants.
- Promoting Commercialization: Encouraging the commercial application of research-driven scientific innovations.
- Positioning Austria as a Life Science Hub: Strengthening Austria’s reputation as a premier incubator for life science businesses.
Students, post-graduates, experienced scientists, and other creative individuals ready to transform a promising life science innovation into a business are encouraged to apply. BoB is open to individuals and teams from any country, with no differentiation in evaluation between Austrian and non-Austrian participants. All are equally welcome.
To be successful, you need a well-developed business idea that represents an innovation (not a me-too product).
Entities already incorporated are eligible as long as they were founded after March 31, 2022.
