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ScanBalt

Full company profile

uuid002fd22

Namestring
ScanBalt
Legal namestring
ScanBalt MTÜ
Websiteurl
scanbalt.org
Company typeenum
Private
Founded yearint
2001
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersTartu, Estonia
HQ citystring
Tartu
HQ countrystring
Estonia
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
cluster network membership, health innovation networking, cross-border life sciences, Baltic Sea bio economy, EU project coordination
Industry1 code
1Health Systems Strengthening & Universal Health Coverage (UHC) Partnerships
CodeHLAJAOALPrimaryYes
NAICS code1 code
  • Business Associations813910
SIC code1 code
  • Services-Membership Organizations8600
Product category
Health and Life Sciences Cluster Network Organization
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Membership Fees
TypeSubscription Recurring
Description

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

scanbalt.org
2EU Project Funding
TypeManaged Services
Description

Coordinated funding through EU programs including Horizon Europe (COBIOE project), Interreg Baltic Sea Region (BioBoosters, BiC projects), and other European initiatives

scanbalt.org
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Personnel, Operations, Marketing or Sales, Infrastructure
Pricing details1 tier
1Membership subscription for organizations
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based / Not publicly disclosed - Contact secretariat for membership details

scanbalt.org
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 2 records shown
1ScanBalt Business Club
Description

Business club under ScanBalt for health innovation awards and startup competitions including Baltic Sea Region Health Innovation Award (BSR HIA)

scanbalt.org
+1 more record
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 19:1 return on investment for members
+2 more records
Product overview1 text field

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.

Product and service4 records
1ScanBalt Health Region
CategoryFlagship Program
Description

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.

2ScanBalt Business Club
CategoryBusiness Service
Description

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).

3Baltic Sea Region Health Innovation Award (BSR HIA)
CategoryAward Program
Description

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.

4ScanBalt Match Making Tool (Match Now)
CategoryNetworking Platform
Description

Online matchmaking platform that facilitates partner search and collaboration between organizations in the health and life sciences sector across the Baltic Sea Region.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership11 partners
1Genopole GIP (France)
Strategic tierLead PartnerTypeStrategic or Co-development PartnerAnnounced on2023-03-01
Description

Lead 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.

2CEBR – Council of European Bioregions
Strategic tierCore PartnerTypeStrategic or Co-development PartnerAnnounced on2023-03-01
Description

COBIOE project partner focusing on European biomanufacturing value chain connectivity and ecosystem interconnection.

3Health Cluster Portugal
Strategic tierCore PartnerTypeStrategic or Co-development PartnerAnnounced on2023-03-01
Description

COBIOE project partner providing Southern European perspective on bioproduction ecosystem development.

4EIT Health Hub France
Strategic tierCore PartnerTypeStrategic or Co-development PartnerAnnounced on2023-03-01
Description

COBIOE project partner contributing European Innovation Council ecosystem expertise to biomanufacturing interconnection.

5Bioboosters – Boosting the Circular Transition
Strategic tierAssociated PartnerTypeStrategic or Co-development Partner
Description

Interreg 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.

6EU Baltic Sea Region Strategy
Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

ScanBalt 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.

7BioCon Valley GmbH
Strategic tierCore PartnerTypeStrategic or Co-development Partner
Description

German partner hosting ScanBalt German Liaison Office, co-organizer of Baltic Sea Region Health Innovation Award and National Conference on Health Economy.

8Estonian Research Council Brussels Office
Strategic tierCore PartnerTypeStrategic or Co-development Partner
Description

Co-organizer of high-level seminars including neurodegenerative disease management seminar (May 2025, Brussels) with Flying Health, Eli Lilly, and ScanBalt.

9Flying Health
Strategic tierCore PartnerTypeStrategic or Co-development Partner
Description

Co-organizer of healthcare innovation seminars and policy discussions with EU stakeholders.

10Eli Lilly
Strategic tierCore PartnerTypeStrategic or Co-development Partner
Description

Pharmaceutical partner co-organizing neurodegenerative disease seminar and contributing to AI-driven diagnostics discussions.

11Vitalis
Strategic tierCore PartnerTypeChannel Partner/ Reseller/ Distributor
Description

Major annual eHealth conference in Gothenburg, Sweden where ScanBalt holds special sessions and business club activities.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers11 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature2 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles9 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ScanBalt

Health and Life Sciences Cluster Network Organizationscanbalt.org

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

  • Cluster network membership
  • Health innovation networking
  • Cross-border life sciences
  • Baltic Sea bio economy
  • EU project coordination

Where ScanBalt is headquartered

Location

Headquarters

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

  1. 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
  2. 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

ModelBillingPrice
SubscriptionAnnualMembership subscription for organizations

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

ScanBalt product offering

Product offering

Core 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 profile

Named customers11 records

Segments5 records

Ideal customer profiles4 records

ScanBalt technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature2 records

ScanBalt partnerships and signals

Strategic signal

Partnerships

Eleven partnerships are on record, tiered lead partner, core partner, associated partner and flagship.

  • Genopole GIP (France)lead partnerStrategic or Co-development Partner · 1 March 2023Lead 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 partnerStrategic or Co-development Partner · 1 March 2023COBIOE project partner focusing on European biomanufacturing value chain connectivity and ecosystem interconnection.
  • Health Cluster Portugalcore partnerStrategic or Co-development Partner · 1 March 2023COBIOE project partner providing Southern European perspective on bioproduction ecosystem development.
  • EIT Health Hub Francecore partnerStrategic or Co-development Partner · 1 March 2023COBIOE project partner contributing European Innovation Council ecosystem expertise to biomanufacturing interconnection.
  • Bioboosters – Boosting the Circular Transitionassociated partnerStrategic or Co-development 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 StrategyflagshipStrategic or Co-development PartnerScanBalt 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 partnerStrategic or Co-development 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 partnerStrategic or Co-development PartnerCo-organizer of high-level seminars including neurodegenerative disease management seminar (May 2025, Brussels) with Flying Health, Eli Lilly, and ScanBalt.
  • Flying Healthcore partnerStrategic or Co-development PartnerCo-organizer of healthcare innovation seminars and policy discussions with EU stakeholders.
  • Eli Lillycore partnerStrategic or Co-development PartnerPharmaceutical partner co-organizing neurodegenerative disease seminar and contributing to AI-driven diagnostics discussions.
  • Vitaliscore partnerChannel Partner/ Reseller/ DistributorMajor 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 assessment

Market position

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

ScanBalt social profiles

Digital presence

ScanBalt financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ScanBalt leadership team

Management profile

Number of profiles

Profiles9 records

ScanBalt funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ScanBalt M&A and investment

M&A and investment

M&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.

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