TUM IdeAward 2016
Ideas with commercial potential wanted! Are you a researcher at TUM or a TUM Alumnus? Have you got a great, innovative idea, but just don’t know how to develop it into your own business? Then don’t miss the chance to apply for the TUM IdeAward! You could win up to 15,000 EUR in prize money and personal coaching to start up your project!
The application phase starts on 01. 10.2016. All scientists and alumni of the University are invited to submit their ideas until 11. 11.2016. The competition takes place once a year and should motivate
scientists to turn their ideas into innovative and competitive spin-offs. You can submit inventions and technologies with commercial potential in form of Master-/ Bachelortheses or other project works.
The application will be reviewed, especially in the four categories of innovation and state of the art,
market and competition, Team and implementation perspective. Applications from women are
The three winners of the competition will receive a financial assistance by the
Zeidler Research. Foundation and coaching by the TUM Start-up consultation.
Place 1 : 15.000 , - Euro
Place 2 : 12.500 , - Euro
Place 3 : 10.000 , - Euro
The application takes place in two phases:
For Phase 1 entrants should submit a brief description of their idea via an online form on the competition website until 15 Oktober 2016, making sure to include the following details:
- Innovative content
- Market and competition
- Realization prospects
The brief description will be examined by UnternehmerTUM and TUM’s start-up consultation service as well as TUM’s patent and licensing office.
Ten selected entrants from Phase 1 will be invited from 1 September 2016 to submit a detailed, 10-page outline of their idea until 15 January 2017. A jury will assess this outline in terms of the following four categories: innovative content and technology, market and competition, team (for team applications) and realization prospects. In addition, entrants will be asked to give a brief presentation on their idea to the jury in early February, following which they should be prepared to answer questions on their idea.