Highlights LS@W startups 2008-2018
Nutrileads wins €2.5 million funding under the European Innovation Council SME Instrument
NutriLeads, a Dutch Health Ingredients company announces that its NUTRI-NEED project has been selected for €2.5 million funding under the European Innovation Council SME Instrument (phase 2). The aim of the 2-year project is to prepare NutriLeads’ health promoting food ingredient Xtramune™ for commercialisation.
NutriLeads’ most advanced product, Xtramune™, is a unique proprietary carrot-derived fibre under development to support immune function and improve resistance to respiratory infections. It has been successfully tested in preclinical models and in a proof of concept study in healthy volunteers. It is currently being studied in a clinical trial to assess its protective effect against an experimental common cold infection.
Ruud Albers, CEO of NutriLeads: "The NUTRI-NEED project will accelerate the development of our food ingredient Xtramune™ and specifically it will allow NutriLeads to further scale-up the production process, obtain market access for Europe, perform a large clinical study in older adults (65+) with increased infection risk and prepare Xtramune™ for commercialisation."
The international jury of investors, entrepreneurs and business experts involved in the assessment of the proposals commented on the NUTRI-NEED project: “The idea, if successful, has huge potential to disrupt the market. It also has the potential to enhance Europe’s standing in the health supplement market vis a vis the United States. The IPR strategy is strong and well-implemented. The project has a very impressive team coming from the big players in the industry. They are experts in diverse fields that complement each other within the team.”
Venture Challenge Jury
Venture Challenge Jury
Carine van den Brink, chair of the Venture Challenge Jury and partner at Axon Lawyers: "What I have noticed over the years is that the ventures that have participated in the Venture Challenge are well trained in answering the types of questions asked as part of subsidy applications such as the NWO Take-off grant of €250.000. This results in better presentations and a higher likelihood of successfully applying for these types of subsidies. There is a clear added value for your business case in participating in the Venture Challenge."