ScanBalt
- Company typePrivate
- Founded2001
- HeadquartersTartu, Estonia
- Headcount1–10
- GTM typeB2B
- OfferingServices
ScanBalt firmographics
Firmographics- Name
- ScanBalt
- Legal name
- ScanBalt MTÜ
- Website
- https://scanbalt.org
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
ScanBalt industry classification
Industry- Product category
- Health and Life Sciences Cluster Network Organization
- NAICS
- Business Associations (813910)
- SIC
- Services-Membership Organizations (8600)
- akta.pro primary industry
- Health Systems Strengthening & Universal Health Coverage (UHC) Partnerships (HLAJAOAL)
Keywords
Where ScanBalt is headquartered
LocationHeadquarters
- HQ city
- Tartu
- HQ country
- Estonia
- HQ region
- Europe
Offices3 records
Markets served
ScanBalt business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Membership Fees: ScanBalt MTÜ operates as a not-for-profit membership association generating revenue through annual membership fees from organizations across the Baltic Sea Region including clusters, universities, research institutes, and industry partners
- EU Project Funding: Coordinated funding through EU programs including Horizon Europe (COBIOE project), Interreg Baltic Sea Region (BioBoosters, BiC projects), and other European initiatives
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Membership subscription for organizations |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels7 records
ScanBalt product offering
Product offeringCore offering
ScanBalt MTÜ operates as a not-for-profit membership association that convenes health and life sciences organizations across the Baltic Sea Region. It delivers member access to cross-border networking events, the ScanBalt Business Club with the Baltic Sea Region Health Innovation Award, matchmaking services via the Match Now tool, thematic working groups (e.g., Bioeconomy), and coordinated EU-funded project participation.
Product overview
ScanBalt is a not-for-profit membership association (ScanBalt MTÜ) that serves as a network and cluster organization for health and life sciences in the Baltic Sea Region. Rather than offering a unified technology product, ScanBalt coordinates a portfolio of collaborative initiatives including the ScanBalt Health Region flagship project, the ScanBalt Business Club for startup support and innovation awards, EU-funded projects like COBIOE and BioBoosters, and thematic working groups focused on bioeconomy. The organization facilitates cross-border collaboration, knowledge exchange, and networking among clusters, universities, research institutions, and companies across Northern Europe.
Differentiator
Problem solved
Functional benefit
Brands
- ScanBalt Business Club: Business club under ScanBalt for health innovation awards and startup competitions including Baltic Sea Region Health Innovation Award (BSR HIA)
- ScanBalt Health Region
Products and services
- ScanBalt Health Region Flagship initiative under the EU Strategy for the Baltic Sea Region that promotes cross-sectoral and transnational projects for innovation in health and life sciences, serving as an umbrella for coordinated ecosystem activities across BSR countries.
- ScanBalt Business Club Membership-based business club that connects startups and SMEs in the healthcare and life sciences sector with industry, investors, and public health authorities, offering curated matchmaking, networking events, and access to the Baltic Sea Region Health Innovation Award (BSR HIA).
- Baltic Sea Region Health Innovation Award (BSR HIA) Annual innovation award for healthcare startups operating in the Baltic Sea Region, with first-place prize of €10,000, second-place €6,000, and third-place €2,000, plus non-monetary benefits and international visibility.
- ScanBalt Match Making Tool (Match Now) Online matchmaking platform that facilitates partner search and collaboration between organizations in the health and life sciences sector across the Baltic Sea Region.
Quantifiable outcome
- 19:1 return on investment for members
- +2 more outcomes
Companies that use ScanBalt
Customer profileNamed customers11 records
Segments5 records
Ideal customer profiles4 records
ScanBalt technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
ScanBalt partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered lead partner, core partner, associated partner and flagship.
- Genopole GIP (France)lead partnerLead partner in COBIOE project (Horizon Europe). COBIOE interconnects innovation ecosystems to foster 4.0 industrial transition in biopharmaceutical deep tech sector. Total budget €499,730, ScanBalt budget €90,630. Project runs March 2023 - February 2025.
- CEBR – Council of European Bioregionscore partnerCOBIOE project partner focusing on European biomanufacturing value chain connectivity and ecosystem interconnection.
- Health Cluster Portugalcore partnerCOBIOE project partner providing Southern European perspective on bioproduction ecosystem development.
- EIT Health Hub Francecore partnerCOBIOE project partner contributing European Innovation Council ecosystem expertise to biomanufacturing interconnection.
- Bioboosters – Boosting the Circular Transitionassociated partnerInterreg Baltic Sea Region project connecting companies with sustainability challenges to innovators and researchers through hackathons. ScanBalt involved as associated partner in Circular Bioeconomy working group activities.
- EU Baltic Sea Region StrategyflagshipScanBalt coordinates flagship ScanBalt Health Region under EU Strategy for Baltic Sea Region, promoting Cross-Sectoral and Transnational Projects for Innovation in Health and Life Sciences.
- BioCon Valley GmbHcore partnerGerman partner hosting ScanBalt German Liaison Office, co-organizer of Baltic Sea Region Health Innovation Award and National Conference on Health Economy.
- Estonian Research Council Brussels Officecore partnerCo-organizer of high-level seminars including neurodegenerative disease management seminar (May 2025, Brussels) with Flying Health, Eli Lilly, and ScanBalt.
- Flying Healthcore partnerCo-organizer of healthcare innovation seminars and policy discussions with EU stakeholders.
- Eli Lillycore partnerPharmaceutical partner co-organizing neurodegenerative disease seminar and contributing to AI-driven diagnostics discussions.
- Vitaliscore partnerMajor annual eHealth conference in Gothenburg, Sweden where ScanBalt holds special sessions and business club activities.
Scale indicators4 records
Recent moves6 records
Expansion highlights6 records
ScanBalt competitors and assessment
Company assessmentMarket position
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
ScanBalt social profiles
Digital presenceScanBalt financial estimates
Financial estimateRevenue estimate
Valuation estimate
ScanBalt leadership team
Management profileNumber of profiles
Profiles9 records
ScanBalt funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ScanBalt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ScanBalt
What does ScanBalt do?
ScanBalt MTÜ operates as a not-for-profit membership association that convenes health and life sciences organizations across the Baltic Sea Region. It delivers member access to cross-border networking events, the ScanBalt Business Club with the Baltic Sea Region Health Innovation Award, matchmaking services via the Match Now tool, thematic working groups (e.g., Bioeconomy), and coordinated EU-funded project participation.
Is ScanBalt a public or private company?
ScanBalt is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was ScanBalt founded?
ScanBalt was founded in 2001. It employs 1 to 10 people.
Where is ScanBalt based?
ScanBalt is headquartered in Tartu, Estonia, in the Europe region.
How does ScanBalt make money?
Two revenue lines are on record. Membership Fees are the primary driver. The others are EU Project Funding.
Does ScanBalt have an API?
No public API is recorded for ScanBalt.
What industry is ScanBalt in?
ScanBalt's product category is Health and Life Sciences Cluster Network Organization. Its primary akta.pro industry code is HLAJAOAL, Health Systems Strengthening & Universal Health Coverage (UHC) Partnerships. Its NAICS code is 813910 and its SIC code is 8600.