VLAIO supports FOx Biosystems with €700 000 for its innovative development project

VLAIO ("Vlaams Agentschap Innoveren & Ondernemen") is a department of the Flemish Government that encourages and supports innovation and entrepreneurship. 

FOx Biosystems applied for financial support with a development project focussing on their innovative biosensor technology based on optical fibers. After handing in a detailed project proposal and a thorough screening process, VLAIO decided to provide FOx Biosystems with a grant to stimulate their innovation, transformation and growth.
VLAIO will support FOx Biosystems with €700 000 for their innovative, challenging and realistic development process. This additional budget will be used to upscale and optimize the fiber optic probe manufacturing process, and hire extra employees for bio assay development.