• Big Thing Splash1

This year’s competition is now closed for entries

Are you an entrepreneur, an innovator?

Like to be part of Manchester’s rich history of innovation?

Like to launch your own spin-out?

We are offering three prizes of £10K

 

If you are an innovator and would like to launch your own spin-out company, here’s the chance to win £10K to do just that!

We are looking for innovations from entrepreneurial academics, staff and post-doctoral researchers from across the University to create new spin-out businesses. Your innovation could be based on existing research, an idea outside of this agenda or one based on multi/interdisciplinary research.

We’ll provide you with all the relevant support to help you develop your innovation from concept to reality or, if your idea is already well formed, we will help to fast track it. We’ll also help you to pitch for further investment. Runners-up are also supported by UMIP.

We are particularly interested in receiving entries which address the markets below:

  • Artificial Intelligence/Autonomous Robots
  • Advanced Materials
  • Medical Devices and Diagnostics
  • Therapeutics
  • Digital Health
  • Internet of Things
  • Telecoms
  • Simulation
  • Energy
  • Semiconductors
  • Additive Manufacturing
  • Cloud Computing
  • Virtual/Augmented Reality
  • Big Data
  • Cybersecurity

How to enter:

Entering our competition is easy. Just describe your innovation and its potential as a business in a two minute video pitch and send it to us at: nextbigthing@umip.com

Key dates:

  • Applications close Friday 30th November 2018
  • UMIP will work with successful applicants to prepare a business case with input from a panel of entrepreneurs and investors. You will also be allocated a Mentoring Buddy to support you for the next stage in the competition: The Next Big Pitch.
  • The Next Big Pitch will take place on Tuesday 26th February 2019 in our Innovation Centre’s Events space where you will present your business case in front of a panel of judges comprising UMIP staff, patent attorneys and a selection of investors and entrepreneurs. The three prizes will be announced on the day.

Competition Entry Details

Eligibility:You must be an academic, member of staff or a post-doctoral researcher currently at The University of Manchester.
You can enter as an individual or a team, especially if your idea involves different research skills.Key Points:

You only have 2 mins so please be brief and get your key points across clearly. Here is an outline to help you:

(1) Please clearly state who you are and where you work within the University and how best to contact you
(2) What’s your innovation in layman’s terms?
(3) How far have you got in developing it?
(4) Why is it better than the competition?
(5) What are the potential application areas?
(6) Who do you think would buy it (if a product) or use it (if a service)?

Confidentiality will be observed.

Inspiration:

For inspiration with your entry, please see a selection of our technology videos on UMIPTV.

Further Information:

Please contact Dr Roisin McCallion, Roisin.McCallion@umip.com

Next Big Thing promotional video with interview with one of last year’s winners Data Value Factory Ltd

Good luck with your entry!

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