1 minute read
CHALLENGES
INNOVATION COMPETITIONS HAVE DEMONSTRATED THAT THEY CAN BE A STARTING POINT FOR RADICAL INNOVATIONS AND FARREACHING CHANGES.
THE PRINCIPLE: AN AMBITIOUS GOAL AND A COMPETITION FOR THE BEST SOLUTION.
Institutions outside Germany have been holding this kind of competition for a long time now. With its CHALLENGES, SPRIND has created a professional framework for finding solutions to the big challenges of our time through competition in Germany as well.
NON TRADITIONAL PARTICIPANTS
With its Challenges, SPRIND is pursuing those areas where a breakthrough of special societal importance is possible. Examples include health care, sustainable energy provision, combating climate change and the development of new key technologies. These are highly ambitious goals which attract people who think differently—people who have the potential to create disruptive innovations and who do not let themselves be frightened by uncertainty or the possibility of failure in the process.
HELP THROUGH THE SHALLOWS: THE COACHING TEAM
When a SPRIND Challenge begins, between 5 and 15 teams are participating. During a Challenge, the teams cannot only look forward to exciting research and development work, but also oftentimes face unknown requirements from testing or approval processes as well, not to mention the orientation toward new business models and markets which do not exist at all yet in most cases.
That is why, in addition to receiving financial support, all the teams are accompanied by a coaching team which provides complementary expertise for mastering these shallows.
Challenge Financing
Federal Ministry for Economic Affairs and Climate Action
• ANTIVIRAL AGENTS
Traditional Experts
Federal Ministry of Education and Research
• CARBON-TO-VALUE
• LONG-DURATION ENERGY STORAGE
• NEW COMPUTING CONCEPTS
