BioInnovation Institute Venture Lab
Convertible loan; DKK 500k program fee · Denmark / EEA / UK / Switzerland · Checking status
BII Venture Lab is a 12-month science-company accelerator offering a DKK 4.2M convertible loan, up to DKK 420,000 for program costs, labs and offices, and a later opportunity to seek EUR 1.3M through Venture House. Domestic and international routes have distinct incorporation rules.
Tier 1 · ranked #26denmarkbiotechdeep-tech
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Program intake
We are checking the program's authoritative source for the current application status.
Key facts
| Check size | DKK 4.2M convertible loan plus up to DKK 420k program-cost grant |
| Terms | Convertible loan; DKK 500k program fee |
| Stage | evidence-based early science startup |
| Applications | Checking status |
| Program dates | Domestic deadline September 10, 2026 at 14:00 CET; international pre-application August 18 |
| Location | Denmark / EEA / UK / Switzerland |
| Remote friendly | No |
| Warm intro needed | No — open application |
| Sectors | bio, health, climate |
| Status | open |
Always confirm on the official page before applying — dates and terms change.
Background
BII Venture Lab is a 12-month science-company accelerator offering a DKK 4.2M convertible loan, up to DKK 420,000 for program costs, labs and offices, and a later opportunity to seek EUR 1.3M through Venture House. Domestic and international routes have distinct incorporation rules.
How the application really works
Domestic applicants submit by September 10 at 14:00 CET and invited teams pitch in November. International applicants have separate August pre-application and full-application cutoffs.
Tips
- Read the cited current official page before applying because program dates and terms are volatile.
- State fit with the documented stage, geography, and attendance model; do not rely on an aggregator's old terms.
- Ask for the complete investment, fee, and follow-on documents when the public page does not publish them.
Watch out for
- Domestic route: DKK 4.2M convertible loan, up to DKK 420k program-cost grant, up to DKK 240k lab subsidy where applicable, and a DKK 500k program fee. Read the current loan and fee documents.
- This record covers both domestic and International Venture Lab routes, which have different eligibility and deadlines. The domestic route is used for the Layer-1 deadline.
Track record
- BII reports €145M total funding, €1.1B external funding raised by alumni, 142 startups, and 21 products on market.
Applicants submit written materials and invited teams pitch to an international panel; no acceptance rate published.
Frequently asked questions
- Is this program currently accepting applications?
- Domestic applicants submit by September 10 at 14:00 CET and invited teams pitch in November. International applicants have separate August pre-application and full-application cutoffs.
- What are the current economics?
- Domestic route: DKK 4.2M convertible loan, up to DKK 420k program-cost grant, up to DKK 240k lab subsidy where applicable, and a DKK 500k program fee. Read the current loan and fee documents.
- How large and long is the program?
- Recent March 2026 Venture Lab cohort: 11 companies; current applicant count and acceptance rate are not published. Twelve months of scientific maturation, team development, entrepreneurial training, tailored guidance, and Copenhagen touch points.
- Can founders participate remotely?
- Company-location rules apply and physical touch points in Copenhagen are mandatory.
- What happens after the program?
- Venture Lab companies get an exclusive opportunity to apply for about EUR 1.3M through Venture House.
Related accelerators
Sources
- bii.dk/programs/venture-lab — Official current routes, funding, duration, incorporation, deadlines, portfolio, and contacts (checked 2026-08-10)
- bii.dk/media/o1npxoy0/guidelines-for-applicants_venture-lab_april2026.pdf — Official April 2026 applicant guidelines, fee, grants, process, dates, and direct contacts (checked 2026-08-10)
- bii.dk — Official aggregate funding, alumni fundraising, startups, and products (checked 2026-08-10)