President's Startup Challenge 2016
Supporting startups looking to transform life sciences R&D via Big Data, IoT (Internet of Things), and Bringing R&D capabilities to the developing world.
This contest is part of the Pistoia Alliance Startup Challenge series.
@pistoiaalliance / #pistoia2016
* Two awards of $15000 and 6 months mentorship from a Pistoia Alliance member.
* 6 months free access to Thomson Reuters life science content assets.
* $5000 award and one year's free membership of the Pistoia Alliance for each finalist.
(Further prizes may be awarded from competition sponsors nearer the date)
* Closing Date for entries: Friday 2 September 2016 midnight EST
* Finalists notified: Monday 19 September 2016
* Live pitching and grand prize award: Tuesday 18 October 2016 in Boston, MA, USA
Entries of all kinds are invited in the field of life science R&D informatics, but those in the following categories would be particularly welcome and in case of a draw would be prioritised:
Bringing Benefit through Data to R&D for the scientist:
- Managing and handling the Data through networks, infrastructure, and the cloud
- Using the Data - unravelling the complexity (e.g. aetiologies, real world data)
- Securing the Data
IoT (Internet of Things)
Enabling the Internet of Things for life science Research:
- Innovative devices and/or mobile technologies
- Enabling or transforming R&D laboratories and processes
- Advancing clinical investigation
Bringing R&D to the developing world
Delivering Low Cost R&D for the Developing World:
- Innovative technologies and solutions where a smartphone is not necessarily required to spread R&D beyond the traditional life science locations
How to Enter
Entries have to be submited via StartupCompete before 23:59:59 EST on Friday September 2nd 2016.
Entrants must include a brief text summary of their proposal that the Pistoia Alliance is permitted to reproduce publicly.
Entrants must also explain how their proposal is relevant to the Pistoia Alliance's mission of lowering barriers to innovation in life sciences R&D. The proposal itself will remain confidential.
The proposal must be a PDF document of no more than 5 (five) pages at a readable font size. It must cover the following points:
- Plan Description: Outline the product or service and how it is planned to be delivered and the anticipated impact it will have on innovation in life science research and development;
- Execution: Explain how you plan to develop your product or service. Please include information on required materials or resources, potential vendors, any regulatory barriers, and any environmental requirements or outputs to consider.
- Commercialization: Explain how you plan to market and sell your product or service. Explain how your product or service is different from others in the marketplace and how you can demonstrate a demand for your product or service.
- Qualifications: Explain the experience of your team and why your team is qualified to execute the Plan and lead a successful commercialization. Include your team’s commitment, what expertise you have or lack, and what your team has built or produced previously.
Contestants may include confidential information in the uploaded file.
The competition is open only to corporations (including not-for-profit corporations and other nonprofit organizations), limited liability companies, partnerships, and other legal entities that, at the time of entry are legally formed, and employ fewer than fifty (50) people and have under $10 million in revenue or balance sheet capital. The product or service described in the Submission must not yet be commercially available, or it must not have been commercially available for more than 12 months before the start of the Competition Submission Period, and must not have achieved more than US$1,000,000 (one million) in sales in that same period. See full terms and conditions for details.