WHO CAN PARTICIPATE?
How does it work?
Each team will need to complete the application including a short pitch deck (powerpoint presentation, no more than 6 slides) outlining their business idea and the impact on healthcare. There will be an option to include a 2 minute video ‘elevator pitch’ - this is not compulsory but can be used if you feel it better conveys your idea.
Short-listed teams will then be given the opportunity to work with experienced professionals with diverse backgrounds including health innovation, entrepreneurship or venture capital to refine their idea and pitch. These teams will be working towards the final round which will be hosted at London Business School on May 19th 2022.
The winning team will receive a prize of £10,000 opportunity and a position at the London business School Entrepreneurship Summer School.
Applications will open on Feb 7th 2022. Make sure you read the Guidelines of the competition.
Who can participate?
The challenge is open to everyone, although each team must have at least one post-graduate student or researcher who is affiliated with an academic institution. Teams should include minimum 2 people, and maximum 5 people. We strongly encourage forming teams with a mix of technical and business expertise to give your idea the best chance of success.
What are the judging criteria?
The judges will look for a proposal which meets four broad criteria
1. Scientific/technical feasibility
3. Execution plan
4. Team strength
Make sure you tell us why your idea will be successful in improving healthcare outcomes, who you will be helping, how you are going to do it, and how £10,000 will help make your vision a reality.
A detailed business plan is not required, but a high level plan with next steps is essential.