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Medical Technology Venture Creation Competition 2019

The Medical Technology* (MedTech) Ventures Initiative has been set up by the Entrepreneurship Centre at Cambridge Judge Business School to provide dedicated and relevant support to those working in this sector. 

The MedTech Venture Competition is designed to help individuals or startups who are working on a novel medical technology or exciting idea in the early stages of development that has commercial potential. The aim is to provide innovators and aspiring entrepreneurs with a route to specialist support and a platform to translate ideas into real world applications and businesses. It may also act as a route to Accelerate Cambridge for those businesses who meet the selection criteria.

The competition is open for applications until 23:59 on 31 January 2019.  

More advanced MedTech ventures may wish to apply to the MedTech Initiatives stream of Accelerate Cambridge.

*Medical technology is defined as any device, procedure or system that solves a health problem (diagnosing, monitoring or treating). 

Timeline

Competition opens: 1 November 2018

Submission deadline: 23:59 on 31 January 2019

Announcement of semi-finalists: 8 February 2019

Semi-final bootcamp day: 16 February 2019

Finale (presentation to judges): 28 February 2019

What could you win?

Finalists will receive:

  • Cash prizes of £10,000, £5,000 and £3,000 (subject to the judges' final decision)
  • Places on Accelerate Cambridge to be awarded to finalists (subject to additional conditions)

Benefits

The benefits gained vary depending on what stage you reach in the competition. These include:

  • tailored mentoring and business advice relevant to the sector
  • access to a high value network of peers, academics, industry experts and investors
  • the opportunity to learn how to improve your pitch deck and your pitch
  • specific advice and feedback on your application and idea 
  • the chance to participate in our Accelerate Cambridge programme
  • cash prizes to invest in your business

Who can apply?

The competition is open to those who meet the following entry criteria:

  1. Scientists, researchers, students, technologists, founders working on a novel medical technology or early stage idea that has commercialisation potential.
  2. Registered company which is less than two years old with a novel medical technology or early stage idea that has commercialisation potential.

We are offering a one-hour mentoring session to support anyone interested in the competition with filling out the application or supporting documents. Email the team to book a session.

Submission

Those interested in participating should complete the online application form and submit by the advertised deadline. Applicants may opt to provide additional supporting documents such as a pitch deck, business canvas model and/or a video. 

Review the full terms & conditions for the MedTech Venture Competition (pdf, 301KB)

Enter now

Deadline for submission: 23:59 on 31 January 2019

All submissions must come via the CJBS Entrepreneurship Centre.