The life science science park has initiated CO-AX, a rebranding of its non-profit accelerator for startup and scaleup companies.
The decision to rebrand the accelerator activities at Sahlgrenska Science Park as CO-AX reflects the accelerator’s increasingly important role to nurture and support entrepreneurs looking to develop innovative tech solutions that address global health challenges, states the science park.
“As part of Sahlgrenska Science Park’s ongoing commitment to drive innovation and create impact in the health sector, we are thrilled to launch CO-AX. Through this initiative, we aim to provide startups and entrepreneurs with the necessary resources, expertise, and network to not only succeed in their respective markets, but also to make a significant global impact. By supporting these pioneers, we believe we can collectively shape the future of healthcare,” says Charlotta Gummeson, CEO at Sahlgrenska Science Park.
The rebranding symbolizes and reinforces our commitment to taking good ‘Care Of’ our entrepreneurs. CO also stands for ‘Collaboration’, an important part of how the accelerator works to enable its startups to reach their goals through partnerships with others. AX is a short name for ‘Accelerator’.
CO-AX
By leveraging deep domain expertise and extensive national and international collaboration networks, CO-AX is focused solely on providing entrepreneurs with a unique and tailored platform to equip and empower them to address their market access, compliance and internationalization challenges head on, states the science park; enabling startups to accelerate and scale up their businesses and solutions faster and more efficiently.
More than 140 companies have already scaled up and exited the accelerator programs at Sahlgrenska Science Park. There are currently more than 60 companies benefitting from the accelerator’s tailored programs, including Detectivio, Walkbeat and MabelAI.
“We are committed to empowering startups to become globally successful health impact companies. CO-AX will play a vital role in nurturing and propelling them towards success, connecting them into our global network and enabling them to address critical healthcare challenges. Thereby, facilitating the shift from sick care to health care and positively impacting the lives of people around the world,” says Annica Grimberg Lignell, Head of CO-AX.
Photo: iStock
