III. THE PROGRAMME (LOCAL)
IV. THE PROGRAMME (GLOBAL)
Q: DO I HAVE TO SHARE CONFIDENTIAL INFORMATION ABOUT MY IDEA?
No. At no stage during our programme will you be required to divulge information regarding your IP. We may ask for proof of your Intellectual Property status; this does not relate to the content of your idea.
Q: “WHAT ARE HEALTHCARE SCIENCE VENTURES?”
We define “healthcare science-ventures” as any businesses that are based on a scientific discovery or use scientific data to create products or services that aim to improve the human or animal healthcare and wellbeing.
Probably! Teams should apply together through our registration process. An eligible IMAGINE IF! Team is composed of between two and seven members that have together raised less than $300,000 USD (or the equivalent in local currency) within the last 18 months to fund the progress of the idea that is submitted to the IMAGINE IF! Accelerator.
You are eligible! We don’t set a lower limit on age or tertiary qualifications. Importantly you must be able to speak in technical terms about your scientific idea.
You are eligible! We don’t set an upper limit on years of employment either. A strong team will include those with commercial experience.
You are eligible! A business/finance/legal/other background will compliment scientific expertise
No, we ask you to submit as a minimum team of two people.
Networking events will be available across our local branches. We will actively connect keen individuals that enquire directly to the branch closest to you www.inno-forum.org/branches/
All applications (local branch and independent stream) are processed through your registration page:
Yes. You will be able to edit the content of your application until the local / global pool deadline, after which we will assess your team’s eligibility.
For example, You are able to submit an application with two people, and then expand your team, refine your idea and resubmit the final version before the deadline
Yes but you will have to be available to travel to pitch at the local branch of choice if your idea is selected.
Q: WHEN IS THE APPLICATION DEADLINE?
The application deadline for the next round of IMAGINE IF! will be announced shortly.
THE PROGRAMME (LOCAL)
A qualified panel of experts will be selected to receive all applications and judge the local final pitches on the day. These experts will be drawn from the local community of venture capital firms, tech transfer officers, entrepreneurs, academics and business leaders.
The winners of the local competitions qualify to the global finals automatically. Runner-ups from each branch, as well as external applicants, compete for the remaining spots in the global Top 15.
Q: HOW DO I DEVELOP MY IDEA?
We have a pool of mentors ready to provide expert advice on all aspects required for the development of your company/idea on progression through the local and global mentorship programmes.
THE PROGRAMME (GLOBAL)
The global finals take place during the Health Horizons conference, organised by Innovation Forum.
Q: WHO WILL I PITCH TO AT THE GLOBAL FINAL?
We have sourced across our network international business leaders (CEOs of international blue chip companies and leading venture capitalists) to judge your finals pitch.
The winner and all its representatives agree to use any funds provided by the Innovation Forum solely for the purpose of research and development of the project which won the IMAGINE IF! Competition (in either the local or global finals). The funds provided by the Innovation Forum cannot be used to pay salaries or other fees paid directly to founders or team members. Upon request from the Innovation Forum the winner should provide evidence of the use of the funds such as copies of receipts and invoices and failure to do so within 20 working days will render the Winner liable to repay the prize in full within 30 working days. Founders agree jointly and severally to return to the Innovation Forum all funds which by the end of the agreement period have not been used for research and development of the project.