Serbia and US Ginkgo Bioworks join forces to launch startup accelerator

Serbia and US Ginkgo Bioworks join forces to launch startup accelerator
MoU between Serbian government and Ginkgo signed during the international Biotech Future Forum conference in Belgrade. / Serbian government
By bne IntelliNews October 22, 2023

The Serbian government announced on October 19 that it signed a memorandum of understanding (MoU) with the US biotech company, Ginkgo Bioworks, on the establishment of a startup accelerator.

The MoU, formalised at the international Biotech Future Forum conference in Belgrade, aims to turn Serbia into a hub for bioeconomic innovation.

This accelerator will leverage Ginkgo's experience and cutting-edge technologies to provide support to Serbian startups.

Participants will have access to the company's research and development (R&D) services, streamlining project progress and obviating the need for extensive resources and infrastructure.

Startups and established companies will have the opportunity to make use of the state-of-the-art BIO4 campus in Serbia.

This facility is poised to position the country as a leading force in global scientific accomplishments, solidifying its status as a epicentre for the burgeoning field of bioeconomy within Europe, a government statement said.

Under the planned partnership, companies based at the BIO4 campus will be granted access to Ginkgo's platform, complete with a range of incentives designed to catalyse innovation and progress.

Ginkgo aims to become a comprehensive synthetic biology R&D collaborator for BIO4-based companies engaged in the pharmaceutical, food and specialty chemicals sectors.

Businesses located within the BIO4 campus will have opportunity to employ a dedicated professional team and tap into Ginkgo's specialised expertise on-site.

Additionally, the signed MoU outlines plans for research and the development of partnerships aimed at bolstering biosecurity capacities in Serbia. 

Prime Minister Ana Brnabic underscored the growth of the Information and Communication Technology (ICT) sector, asserting that it has become the fastest-growing sector in Serbia.

The export of ICT services is poised to reach nearly €4bn this year. The export of ICT services in 2022 surged by 45%. 

Read in IntelliNews Pro
Get IntelliNews Pro

Related Content

Experts argue EU’s New Growth Plan is too small to make a difference

INTERVIEW: Media expert says ‘no limits’ to aggressive Serbian pro-government media

Russian Foreign Minister Lavrov lashes out at West at OSCE meeting in Skopje

Tech

Russian businesses embrace AI

Lately, Russian businesses have been actively adopting solutions based on artificial intelligence (AI) and machine learning (ML), while the government is also incentivising the use of these technologies.

How thousands of highly-skilled Russians support Uzbekistan’s bid for technology development

Engaged in sweeping transformations since the death of dictator Islam Karimov just seven years ago, Uzbekistan is seeing first results in the investment they’ve made to boost their IT sector.

Tajikistan: Communications regulator loosening monopoly

The quality of the internet has been severely compromised by restrictions placed on the market.

Serbian pro-democracy activists targeted with spyware ahead of election

Activists were openly critical of Serbia’s government, which NGOs say has a track record of deploying spyware and other digital surveillance tools.

Kazakhstan introduces digital national currency

Officials say that it will make government spending more transparent.

Russian businesses embrace AI
5 days ago
How thousands of highly-skilled Russians support Uzbekistan’s bid for technology development
5 days ago
Tajikistan: Communications regulator loosening monopoly
6 days ago
Serbian pro-democracy activists targeted with spyware ahead of election
7 days ago
Kazakhstan introduces digital national currency
8 days ago

Follow Us On

Most Read

  1. Top Ukrainian politician David Arakhamia gives seventh confirmation of Russia-Ukraine peace deal agreed in March 2022
    9 days ago
  2. Armenia marks new era with French military purchases
    7 days ago
  3. LONG READ: The boomerang effect: sanctions hurt Europe more than Russia
    4 days ago
  4. Putin's approval rating up to 85% in November, Russians happy with the country's direction
    1 day ago
  5. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    1 month ago
  1. Oil continues to flow to Israel via Turkey despite Erdogan’s vehement speeches on plight of Gaza
    1 month ago
  2. Top Ukrainian politician David Arakhamia gives seventh confirmation of Russia-Ukraine peace deal agreed in March 2022
    9 days ago
  3. Russia overtakes Germany to become fifth biggest economy in the world in GDP on a PPP basis
    3 months ago
  4. Armenia marks new era with French military purchases
    7 days ago
  5. Lavrov confirms Ukraine war peace deal reached last April, but then abandoned
    2 months ago

Reports

SELECT `n`.`nid` AS `id`, `n`.`title`, 'bne IntelliNews' AS authors, 'bne IntelliNews' AS bylines, `wc`.`field_website_callout_value` AS `summary`, `smc`.`field_social_media_callout_value` AS `social`, `pd`.`published_at` AS `date`, `p`.`field_publication__tid` AS `publication_id`, `fm`.`uri` AS `image`, `fspcaption`.`field_story_photo_caption_value` AS `image_credit`, `fspcredit`.`field_story_photo_credit_value` AS `image_author`, `ws`.`field_website_sections_tid` AS `section_id`, `fdfs`.`field_subject_tid` AS `subject_id`, `db`.`body_value` AS `body`, `fm2`.`uri` AS `pdf`, `et`.`field_enable_tracking_value` AS `tracking`, `ht`.`field_head_tags_value` AS `headTags`, `bt`.`field_body_tags_value` AS `bodyTags` FROM `node` AS `n` LEFT JOIN `field_data_field_website_callout` AS `wc` ON wc.entity_id = n.nid LEFT JOIN `field_data_field_social_media_callout` AS `smc` ON smc.entity_id = n.nid LEFT JOIN `publication_date` AS `pd` ON pd.nid = n.nid LEFT JOIN `field_data_field_publication_` AS `p` ON p.entity_id = n.nid LEFT JOIN `field_data_field_story_picture` AS `sp` ON sp.entity_id = n.nid LEFT JOIN `file_managed` AS `fm` ON fm.fid = sp.field_story_picture_fid LEFT JOIN `field_data_field_story_photo_caption` AS `fspcaption` ON fspcaption.entity_id = n.nid LEFT JOIN `field_data_field_story_photo_credit` AS `fspcredit` ON fspcredit.entity_id = n.nid LEFT JOIN `workflow_node` AS `wn` ON wn.nid = n.nid LEFT JOIN `field_data_field_website_sections` AS `ws` ON ws.entity_id = n.nid LEFT JOIN `field_data_field_subject` AS `fdfs` ON fdfs.entity_id = n.nid LEFT JOIN `field_data_body` AS `db` ON db.entity_id = n.nid LEFT JOIN `field_data_field_file` AS `ff` ON ff.entity_id = n.nid LEFT JOIN `file_managed` AS `fm2` ON fm2.fid = ff.field_file_fid LEFT JOIN `field_data_field_enable_tracking` AS `et` ON et.entity_id = n.nid LEFT JOIN `field_data_field_head_tags` AS `ht` ON ht.entity_id = n.nid LEFT JOIN `field_data_field_body_tags` AS `bt` ON bt.entity_id = n.nid WHERE (n.status = 1) AND (n.type = 'article') AND (n.nid = 297788) AND (wn.sid= 3) AND (p.field_publication__tid IN (2465,2851,3184,3159,3266,3264,3270,3265,3267,3268,3269,3171,3168,3185,3170,1346,1345,3180,3175,3254,3249,1207,1208,3181,3231,3177,3186,3178,1003,3187,2975,3204,3198,3188,3202,3196,3250,3189,3160,3161,3312,3313,3173,3314,3315,3167,3259,3257,3263,3258,3260,3261,3262,3174,3316,3165,3192,3163,3282,3190,2811,3256,3317,3162,3318,3191,3297,3182,3179,3166,3319,3376,3320,3172,3255,3169,1008,3203,3197,3321,3252,3164,1307,3322,3183,3220,3176,3201,3323,1327,1020,1006,1009,1013,1014,1018,1005,1328,1010,1011,1002,1012,1311,1330,1017,1016,1019,1004,1001,1334,1335,1336,1015,1337,1338,1339,1340,1341,2496,2501,2517,2529,2506,2505,2524,2513,2526,2537,2489,2490,2520,2536,2488,2532,2500,2515,2503,2493,2527,2523,2510,2525,2498,2499,2528,2507,2487,2511,2521,2502,2491,2519,2497,2492,2514,2495,2509,2512,1629,3358)) LIMIT 1
Dismiss