CIDAUK Business Innovation Competition launched for PhD students with £300k funding award

The CIDAUK Business Innovation Competition invites universities and their incubators / accelerators to encourage talented students to seize this tremendous opportunity to help launch their innovative ideas.  The competition welcomes PhD students and researchers to present their innovative tech solutions, addressing critical pain points within industries such as finance, medical, construction, chemistry, and arts & culture.  

This competition is not just a platform for showcasing ground-breaking ideas but also a launchpad for transforming these concepts into viable startups, with substantial backing and support from industry leaders and investors.

For detailed information on entry requirements, competition format, and submission guidelines, please visit https://www.cidaukcompetition.co.uk/.

Why Participate?

Significant Funding: Winners can receive startup funding ranging from £100,000 to £300,000, along with business development support, mentorship, and access to an extensive network of professionals.

Exposure and Opportunity: This competition offers participants a unique chance to pitch their ideas to a panel of esteemed investors and industry veterans, opening doors to potential collaborations and partnerships.

Support and Growth: Beyond financial backing, participants will benefit from comprehensive business development support, including mentorship from experienced entrepreneurs and exposure to a wide array of industry contacts.

The selection criteria for the competition focus on genuine innovation, impact assessment, patent potential, viability, and scalability.

Key Dates:

• Submission Deadline for 1st round: 29 March 2024
  

• Winner Announcement for 1st round: late April 2024

How to Get Involved:

We look forward to collaborating with potential partners to deliver funding and other valuable assistance to support the brightest student talents. For all enquiries, please contact info@cidaukcompetition.co.uk