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            Number of companies per country


            0        20       40      60       80      100













































            Figure 1. Number of bioinformatics-related start-ups and SMEs identified per country within
            Europe. Orange hexagons represent regions with high concentrations of companies (countries
            shown where data was available).



            year, with over 75% having a science or technical     companies face a talent-acquisition challenge.
            degree – people and expertise matter.                 They need to employ experts in specialised life
                                                                  science areas and, at the same time, bring in
            Take Arcticzymes, located in Tromsø 10,11 .           experts in cutting-edge technologies, such as
            Arcticzymes extensively uses public databases         machine learning and artificial intelligence.
            to identify novel cold-adapted enzymes from           Access to people, personal networks, partners
            arctic organisms, and formulates these for use        and collaborators that provide open resources
            in molecular research, in vitro diagnostics and       remains an important factor for the concentration
            therapeutics. Companies that base their business      of bioinformatics ventures in certain regions
            model on digital technologies and data can be          (Figure 1).
            based anywhere – but our research has shown that
            being close to an innovation ecosystem helps many     In this report, we will explore the innovation
            to thrive and go further. Because of the knowledge-   ecosystems in Europe that harbour most
            intensive nature of the industry, bioinformatics      bioinformatics SMEs.


            10  Novel enzyme technologies | ArcticZymes Technologies ASA. https://arcticzymes.com/.
            11  ELIXIR – Value of open bioinformatics resources to industry and SMEs – YouTube. https://youtu.be/YWYKVzxxeZQ
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