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Professor Kamal Mustafa from the University of Bergen (UiB) received the “Idea of the Year 2016” for his innovative project 3D Scaffold. From left: Anders Haugland (CEO, BTO), Minister of Trade and Industry Monica Mæland (H), Professor Kamal Mustafa (UiB), Ragnhild Janbu Fresvik (EVP Business, Sparebanken Vest) og Dag Rune Olsen (Rektor, UiB).

Research based innovation

We recently published our annual report of 2016, and are now publishing some of the content here on our webpage. In this article you can read about research based innovation.

Research based innovation is an international practice, and the owners, board, management and employees of BTO have clear ambitions to develop BTO to be able to assert on a high international level. Since the beginning, BTO has worked systematically on building capacity, competence, tools and network – in addition to supporting the culture for innovation. According to international statistics, companies like BTO face a development that requires 15 – 20 years to become a mature organisation.

BTO has a great focus on applying for external funding for our projects through the different grant schemes offered by the Research Council of Norway, Innovation Norway, Horizon 2020 and more. We are engaged in making the application processes as good as possible, in order to provide our projects the possibility to succeed in the tough competition with other projects. We work on this continuously, and we observe that it is paying off in the sense of a clearer and better expectation dialogue between BTO, the inventor and the institution.

You can find The BTO Annual report for 2016 here

In 2016, we received 262 innovative ideas.

In 2016, BTO was involved in 34 applications concerning commercialisation of research. These applications were granted 138,6 million kroner in total.

One example is the project INTROMAT, where BTO participated in the successful application to become a ”IKT-FYRTÅRN”. The project owner Helse Bergen was granted 48 million kroner from the Research Council of Norway. INTROMAT aims at developing digital solutions for prevention, treatment and follow-up of mental illnesses.

At the end of 2016, BTO is working on 129 active commercialisation projects from our owners and partners. The projects are followed up closely through our established and well-tried work process and our new project management tool adopted in 2016.  These mechanisms will make the commercialisation process predictable for the institutions and the scientists we are working with.

You can find The BTO Annual report for 2016 here