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Samsung calls University founders and start-ups for the University Innovation Challenge

Creative entrepreneurs from tomorrow can take part in the start-up competition until June 24th!

According to a recent Bitkom survey, the situation has improved for four out of ten start-ups in the last two years. The conditions for start-ups in Germany are not optimal – they are especially lacking in attention.

That’s why Samsung is campaigning for the University Innovation Challenge (UIC) of the Handelsblatt and Goethe University Frankfurt. Under the motto “The brightest minds create a better future”, this supports the innovative strength and entrepreneurial spirit of universities and promotes the start-up culture in Germany.

 

Now the application phase has been extended

Students and start-ups can submit their project idea to www.university-challenge.de until June 24 and profit from media reports and valuable contacts.

Samsung is firmly convinced that “The brightest minds create a better future”. After all, university research in German-speaking countries is full of innovation and entrepreneurship. Therefore, more and more universities are developing incubators that want to transfer research results to start-ups. But the visionaries and entrepreneurs at German universities need attention for their ideas. That’s why Samsung supports the University Innovation Challenge. The goal is to bring the students and young founders together with the business community and to increase the visibility of unique projects.

“In order to develop sustainable solutions to our major societal challenges, we need new, innovative technologies,” says Steffen Gander’s Director Corporate Affairs Samsung Electronics GmbH.

“The widespread and world-famous engineering spirit at German universities creates the best starting conditions for this. The University Innovation Challenge is an important platform for university founders and shows how the ‘German Engineer’ has meanwhile become a ‘German Digital Engineer’.

 

University Innovation Challenge: Samsung promotes start-ups through visibility

The initiators of the competition, the Handelsblatt, and the Goethe University, together with Samsung and other partners are putting pioneering ideas for tomorrow into the limelight.

The aim is to network universities and industry in a meaningful way and raise awareness of the projects. The University Innovation Challenge gives young entrepreneurs the opportunity to present their ideas to a top-class jury in an exclusive setting and to gain valuable contacts with representatives from industry, science, and industry To socialize.

In this way, competition strengthens the link between German business leaders and the best minds of universities. The winners will also receive a valuable award that enhances the reputation and visibility of the project idea in the marketplace. As a prerequisite: The business idea is still in university research or was developed by a start-up with a university background. Application documents can be submitted until June 24, 2018, at www.university-challenge.de.

 

Special prize in the category Future Data Intelligence thanks to the commitment of Samsung

Students can submit their research projects or start-up: In “Future Engineering” – digitization and AI solutions in engineering; “Future  in the following categories: Materials” – innovative manufacturing and processing methods in information and construction technology; “Future Finances & Commerce” – digital innovations for the banking, commercial and insurance sectors; “Future Living” – new architectural and smart home solutions for the home of tomorrow; “Future Life Science” – promising ideas for digitization, diagnostic procedures and data analysis in the fields of pharmacology, biotechnology and medical technology.

For the category “Future Data Intelligence” Samsung gives a special price as godfather and premium partner. “Start-ups are the middle class of tomorrow – and thus the backbone for prosperity and progress of our society. In order for digitization to have a constructive effect in our everyday lives, the meaningful use and linking of data is the decisive fuel, “continues Ganders.

For each category, the Scientific Advisory Board of the University Innovation Challenge selects the three best entrants for a live pitch.

On July 25, 2018, the selected candidates in Düsseldorf present their ideas to a jury with a prominent cast – two finalists per category will qualify for the final round. Finally, on 17 September, the jury and industry experts will decide on the winners in each category at the Goethe University Casino in Frankfurt am Main.