Increased prize money
This year, each winner stands to gain £20,000 prize money – up from £10,000 last year – as well as 12 months’ one-on-one support from a specially assigned Royal Society of Chemistry mentor, and a further £20,000 available as a business acceleration grant.
Previous winners have tackled issues from the diagnosis and treatment of chronic diseases to wound healing, food waste and sustainable energy. In this unparalleled year, the competition is once again calling on entrants to demonstrate the leading challenges they could help to overcome for the benefit of the scientific community, industry and society as a whole.
Emerging Technologies Competition winners from previous years have gone on to raise a combined total of over £46m in equity investment and grant funding, with one company subsequently being sold for £28m.
Winners and participants have significantly raised their profiles, expanded overseas, entered commercial contracts, conducted clinical and industrial scale trials, and collectively doubled their staff.
What areas does it cover?
The competition is free to apply to and welcomes applicants from the UK and Europe whose technology has a strong component of chemistry, in one of the following categories:
- Energy & environment
- Food & drink
- Enabling technologies
To find out more about our Emerging Technologies Competition and to enter, click here.