What kind of documents are required to be submitted?
To participate in the first stage of the competition, a completed application form and a concept paper of up to three pages (PDF, DIN A4, font size 11, simple line spacing) of a research-based product or business idea must be submitted. The concept paper should include the following aspects:
Please briefly describe the persons involved as well as their positions.
Connection to research
Describe the connection between your idea and the research of your university / research institution.
Idea and product innovation
Describe your idea and the product innovation and, if necessary, the technology.
Customer Value and market
Please indicate the potential benefits of potential customers. If possible, also describe in which specific market (e.g. FinTech, software industry, health technology, education) you could be active with your project.
Please provide a brief overview of the practicability of your idea: Where can development and research risks arise? What is needed for a transition into the market?
In the second stage of the competition, the concept papers need to be revisited and submitted again on a maximum of five pages (PDF, DIN A4, font size 11, simple line spacing).