Merck Group Innovation Cup 2024 (€20000 prize)

The deadline to apply is January 31, 2024. | Merck Group Innovation Cup 2024 (€20000 prize). Darmstadt, Germany will get full funding and a €20,000 award.

The world’s most talented students convene at the company’s headquarters to get knowledge from experts, form connections, create business concepts, and compete for the 20,000 EUR Innovation Cup.

Participating in the Innovation Cup gives you the opportunity to network with top students worldwide, collaborate in groups to create novel solutions for unmet medical needs, and construct a business case with the assistance of seasoned experts. The winning team will split €20,000 in awards from the Merck Group, with €5,000 going to the runner-up and €3,000 going to the third place finisher. Those that performed best overall may receive an offer of a long-term job. Additionally, choices for putting the greatest business strategies into action will be assessed to add even more intrigue.

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Conditions

  • Postgraduate students in the biological sciences pursuing a PhD in biotechnology, bioinformatics, computer science, data science, biochemistry, chemistry, pharmacy, engineering, or allied subjects are eligible to apply.
  • Advanced MBA students and recent MBA graduates with a background in life sciences and an interest in the pharmaceutical industry are also encouraged to apply, as are postdoctoral students.
  • Healthcare practitioners are not eligible to enroll in this program.

Benefits

  • The costs of your travel, lodging, and meals are covered by Merck KGaA, Darmstadt, Germany.
  • The Innovation Cup and a joint €20,000 prize go to the winning team! A prize pool of €5,000 goes to the runner-up and €3,000 to the third place finisher. The best business plan implementation choices will be assessed in the sections that follow.

How It Works

Selected applicants participate in a week-long summer camp as part of the Innovation Cup, where they collaborate in an intensely stimulating setting.

  • In the domains of cancer, immuno-oncology, autoimmunity, small molecules drug development, protein engineering and screening, and digitalization, collaborate to provide novel concepts.
  • Assess your concepts from a technical and commercial standpoint, then create a compelling business strategy.
  • Discover the fundamentals of R&D in the pharmaceutical sector.
  • Make connections with the most talented students worldwide.
  • Recognize the methods for effectively finding, creating, and releasing products onto the market.
  • Discover Merck KGaA, Darmstadt, Germany, and its employment opportunities.

For Further Details:

Go to the Merck Group Innovation Cup 2024 Official Website.

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