Merck KGaA, Darmstadt, Germany, a leading science and technology company, recently debuted its third Displaying Futures Award. This year the award focuses on smart medical devices, calling for proposals on innovations in the areas of wearables, electronics implants and beyond. The top ten teams out of the global applications will be invited to the headquarter in Darmstadt. Three winning teams will be chosen and granted up to $50,000 each. On top of that, in a course of twelve months, they will be receiving mentorship from company experts, access to the company’s global resources and network, and realizing their ideas with prototype building.
Dieter Schroth, initiator of the award and Senior Director of Marketing & Sales – Display Solutions business unit, stated: “The aim of 2018 Displaying Futures Award is to seek for cross sector smart ideas that leverage new technologies, such as digitalization, to bring changes in future healthcare. Merck KGaA, Darmstadt, Germany is one of the unique companies in the world that holds leadership in technology solutions, healthcare and life science areas, and has 350 years of successful entrepreneurial experience to offer. We are in search of innovative minds and start-ups that need our expertise to realize their concepts.”
The Displaying Futures Award application period started on February 5 and will close on April 15. A jury of experts will select up to ten teams and ideas on the basis of business potential, innovativeness and social impact. The selected teams will be invited to a boot camp and pitch day on June 4-6, where finally up to three winners will be selected. More details on the award and application process can be found here.
As part of its innovation strategy, Merck KGaA, Darmstadt, Germany focuses on international exchanges with young entrepreneurs who are working on future-oriented business ideas. In parallel to the Displaying Futures Award, they have been collaborating intensively with startups and universities for years and also conduct, for example, the Accelerator Program, hackathons and invest in startups via corporate venturing.