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What's your bright SCIdea?

What's your bright SCIdea?

27 June 2017

SCI is launching a national student innovation competition, aiming to enhance the business acumen of young scientists and explore ideas for the new industrial strategy. This will provide an opportunity for students – particularly undergraduates in STEM and business subjects – to develop skills in entrepreneurship and science communication.

To help young scientists develop their business skills, SCI will provide training free of charge to all competition entrants. This will take place as a webinar and will cover the basic aspects of putting together a business proposal, including a session on how to effectively pitch products to investors. Following the training session, teams will be asked to submit a well-researched business plan.

Finalists will be invited to pitch their ideas to a panel of high-profile judges, allowing them to raise their profile within the commercial scientific community. Judges are selected from a range of backgrounds, and will include industry experts, politicians, investors, entrepreneurs and science communicators. The winning team will be selected on the basis of a well-considered proposal focusing on the commercialisation of their science, product feasibility and the societal benefits.

A cash prize of £1000 will be awarded to the winning team, generously sponsored by Synthomer. All members of the team will also receive additional benefits, including one year of complimentary SCI membership, an invitation to present at an SCI event and further networking opportunities.

Initial applications are open until the end of September 2017; visit bit.ly/SCIdea2018 or contact us at communications@soci.org to receive an application form. Teams should be made up of 3-5 students and are encouraged to be multi-disciplinary.

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