8 Nov 2017
Are you a UK university student and budding entrepreneur with a plausible concept for a product or service? Wondering how you go about commercialising your product and build a business?
Enter the Bright SCIdea challenge now and we will provide you with free accredited business planning training and give you a chance to win a £1,000 cash prize. To help young scientists develop their business skills, SCI will provide exclusive access to training to all competition entrants. A series of short videos will cover the basic aspects of starting your own business, including sessions on how to effectively pitch products to investors. Teams will then be asked to submit a well-researched business plan, which details how they would take their scientific innovation from lab to market.
Finalists will be invited to pitch their ideas to a panel of industry experts, allowing them to raise their profile within the commercial scientific community. The winning team will be selected on the basis of a well-considered proposal focusing on the commercialisation of their innovation and understanding of the societal benefits.
A cash prize of £1,000 will be awarded to the winning team, sponsored by Synthomer. All shortlisted team members will also receive additional benefits, including one year of complimentary SCI membership and further networking opportunities.
Teams should be made up of three to five students (undergraduate or postgraduate) and are encouraged to be multi-disciplinary. Visit bit.ly/SCIdea2018 or contact us at communications@soci.org to find out how to get involved and receive notifications when training videos are released.
Shortlisted teams will be invited to the final, which will take place on Thursday 8 March 2018 at SCI Headquarters, London
Related links
- Bright SCIdea Challenge - Enter now!
- Deadline for final business plan: Sunday 18 February 2018
- Competition Final: Thursday 8 March 2018 - Early careers
- Application form
- Bright SCIdea Challenge Training Video 1