Internal Competition

ABOUT THE COMPETITION

Spanning over a five-month period this competition will challenge INTRASOFT International employees to create Innovative ICT-related products or services.

Through a rigorous two-phase procedure, contestants will be invited to present their innovative business ideas and develop them within a supportive environment.

WHO CAN PARTICIPATE

The competition is open to all INTRASOFT International employees, with maximum two entries per person.

Participants may work alone or in teams of up to 5 members.

Each team must appoint an INTRASOFT International employee leader who will represent it. The leader will be the contact person and must act as coordinator with the other team members.

Award

The winning team will be awarded

Cash Prize of €5,000

European Pitch Conference

The winning team will be given the opportunity to attend a European startup pitch conference, to present the business case and get the chance to attract investors. The conference participation will take place during the internal incubation program, or shortly after the end of it.

Internal Incubation Program

The winning team will be given personalized support to develop the selected project, in a dedicated accelerating working environment within INTRASOFT International premises for a six - month period. Several workshops will be organized where academic partners and business experts will share their experience and help participants turn their ideas into tangible and sustainable projects, so that they deliver results and achieve maximum impact.

For projects that receive favorable review, INTRASOFT may invite the selected participants to discuss a possible business relationship for the commercialization of the product.

HOW TO ENTER

1. Start by completing the following Submission Form

2. Then send it by email here

The deadline for submitting entries is June 30th, 2017

Submissions are now closed!

A huge thank you to everyone who submitted and spread the word.

TIMELINE

EVALUATION CRITERIA

Documents must be submitted in English

Criteria taken into account:

Innovation (Novelty of the idea/product/solution, Differentiation level, Impact)

Business Potential (Value proposition, Competitive advantage, Customer understanding, Feasibility)

Level of Readiness (Steps taken so far, Existence of a prototype, Lessons learned)

Sustainability (Replicability of the idea in other markets, Difficulty to imitate, Scalability potential)

Team Composition (Clear description of the team’s roles, Complementary skills, Business acumen, Domain expertise)

Clarity (Accurate and precise description of all parts of the template, Clear structure and ideas)

Workshops

Several workshops will be held internally to support the finalists.

During the final stage of the competition, the qualified teams will be offered assistance to develop their business plan and create a video pitch which will be used as part of the final evaluation process to declare the winner.

Rules

By submitting a proposal, participants agree to the official Rules of the Competition

CONTACT

If you require assistance to submit your response, please contact: innovation.competition@intrasoft-intl.com