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German innovation agency to fund spin-out focused PhDs

Support for 150 ‘venture science doctorates’ by 2029 aims to increase number of spin-outs developed by early career researchers in Germany

January 6, 2025
Steel wool spinning, symbolising spin-out companies
Source: iStock

Germany’s disruptive innovation funder is backing a new “venture science doctorate” launched by a British investment company which seeks to help PhD students create a spin-out from their research.

In what is the biggest endorsement of the spin-out focused PhD created by Deep Science Ventures (DSV), Germany’s Federal Agency for Breakthrough Innovation (SPRIND) is funding five venture science doctoral scholars from September 2025, with 150 to be funded by 2029.

The?support?from Germany’s version of America’s Defense Advanced Research Projects Agency (Darpa), which was created in 2019, follows backing from UK Research and Innovation and former Google chief executive Eric Schmidt.

Under the reimagined doctorate, PhD students will work with supervisors from leading German universities on challenges related to health and climate, while also linking to industry-relevant experts with a view to creating a start-up upon graduation.

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Doctoral students will also engage with technology translation staff at DSV, a?company founded in 2016?by two Imperial College London spin-out experts which has since helped to create start-ups worth more than ?400 million.

Thane Campbell, dean of education at DSV, said the more risk-taking approach of national innovation funders set up to pursue so-called moonshot research aligned with the venture science doctorate, which was also focused on breakthrough ideas.

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“Germany has one of the world’s greatest R&D ecosystems but, with an abundance of large manufacturers offering comfortable research jobs, its PhD holders often do not have the mindset for entrepreneurship or moonshots. There is now a strong push for PhDs to start their own companies and to solve our global challenges,” he said.

“Germany is really excited about this shock therapy that will hopefully drive breakthrough and spin-out culture at different levels,” added Dr Campbell, stating that its backing for DSV’s doctorate was part of efforts to “mainstream the idea that breakthrough talent can emerge at the early career stage”.

Applications for the next cohort of venture science doctorates are?now being sought, with conversations ongoing to see this initial European cohort followed by larger funding rounds, Dr Campbell added.

Several of Europe’s new Darpa-like funding bodies were also in touch with the company about funding venture science doctorates, while there had also been interest from the Middle East, he continued.

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“There is a massive movement to experiment with alternative actors in the doctoral space to help bring breakthrough science into the spotlight,” added Dr Campbell.

Barbara Diehl, chief partnership officer of SPRIND, said the collaboration with DSV aimed to make “science entrepreneurship a more viable career path while empowering young scientists to dedicate their entire careers to the pursuit of applying science to create commercially viable solutions for global challenges”.

“This aligns perfectly with SPRIND’s mission to bridge the gap between groundbreaking research and real-world applications, fostering innovations that can reshape industries, create new innovation ecosystems or address significant market failures,” said Ms Diehl.

jack.grove@timeshighereducation.com

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