(More about Academic Business Challenge for students)
Are you a researcher with a potential business idea?
... but have no time to work on it – here’s your chance. In the Academic Business Challenge a team of students evaluate the business potential of a researcher’s idea. Researchers from all faculties are welcome to apply. 6-9 ideas will be chosen for participation.
The course and competition Academic Business Challenge is a collaboration between Uminova Innovation and Umeå School of Business at Umeå University. Students from the whole university are invited to apply. They will be divided into teams and matched with an idea from a researcher, for which they will sign a confidentiality agreement. Each team will get support from Uminova Innovation´s business coaches.
The students will work and evaluate the business potential according to our 7D model. We expect you to be present at the first meeting at February 28th to meet with your student team and describe the idea. We also expect you to be available during the course to answer questions. ABC runs for eight weeks and at the end of the course you will have a meeting with the students where they present their work.
The following scholarships will be awarded:
• Best work - 8000 SEK to the students and 5000 SEK to the researcher
• Most promising business idea – 8000 SEK
Börje Rehn, participant in Academic Business Challenge 2010:
“The advantage of ABC is that you get the opportunity to work together with students from various university programs and an experienced business coach. You get a lot of encouragement which helps you move forward, and questions arise which are not thought of before. ABC is an excellent and pleasant way to test your ideas and the possibility of commercializing your research results."