Finnish Bioindustries organised this competition to encourage students in the field of biosciences to take a more positive stand towards biobusiness and entrepreneurship. The Finnish Bioindustries’ board chose eight finalists, from across Finland and mostly grad school students. Their business ideas varied from dog breeding and diagnostic tests to the use of lignocellulose as raw material for biofuels production. Gayathri Murukesan and Martina Jokel, from the University of Turku, won the competition thanks to their “Algae BioCompounds ABC”, a service company testing and analyzing suitable algae strains for large-scale production of biobased products. The prize of the competition was a 1000 € cheque.