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COLOSTEO is a research project, funded by the European Union’s Horizon 2020, focused on open innovation and research translation between academia and industry with partners from Greece, Portugal and Spain. The objective of the RISE scheme is to contribute to develop international and cross-sector collaboration through exchanging research and innovation staff, and sharing knowledge and ideas from research to market and vice-versa. The COLOSTEO project aims to create an innovative nutraceutical product based on colostrum to prevent osteoporosis. Within this framework we enabled the untapped potential of European university researchers in getting their research outcomes to the market. This open Innovation approach for research translation is the prerequisite for societal impact through value creation by embedding
research‐generated knowledge into practices, transforming knowledge made available in academic publications to new or improved products and services. This project succeeded to flourish a shared culture of research and innovation which welcomed and rewarded creativity and entrepreneurship and helped researchers to turn creative ideas into innovative ideas and enhanced their career development and employability.

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