DOES AN IDEA HAVE WHAT IT TAKES TO BE A BREAKTHROUGH INNOVATION? TO FIND OUT, WE PUT IT THROUGH ITS PACES.

AN ABSOLUTE MUST FOR EVERY CHALLENGE: THE TEST BENCH

The ambitious goal of a SPRIND Challenge will not be reached by most of the teams. This is why it is essential to put the potential of the teams and their concepts on the test bench on a regular basis and to only continue supporting the most promising participants. For this purpose, SPRIND Challenges build upon a multi-stage process where teams are continually eliminated from the Challenge. In this way, both SPRIND and the teams concentrate on fast learning processes and increase the likelihood of success.

THERE ARE NO LOSERS: THE INNOVATION ECOSYSTEM

Eliminated teams are not left out in the cold, though, as SPRIND supports the participants as part of the development work of a strong innovation ecosystem, with contact with other financial backers among other things, over the course of the Challenge. History has also shown that important innovations can come from failures in innovation competitions, however. For example, a certain Galileo Galilei was not able to solve the riddle of how to determine the degree of longitude at sea in an innovation competition, but he found the best method for determining the degree of longitude on land in the process.

Key Elements Of The Sprind Challenges Openness

What counts is reaching the goal of the Challenge—the path to getting there is left up to the teams. This openness towards technological approaches, institutional background and geographical origin makes it possible to incorporate the biggest talent, regardless of where they come from. It takes no less than this to meet the big challenges of our time.

Implementation

Applications do not solve problems, but innovations do. That is why the application process has been designed to be as streamlined and unbureaucratic as possible. This being the case, participation in Challenges is possible even without grant application experience. This enables everyone involved to concentrate on what is most important: developing the next disruptive innovation.

Ecosystem

The world is not changing on its own. With their common mission, the teams participating in a Challenge form the core of developing ecosystems for new technology and markets. SPRIND itself plays an active role in shaping these ecosystems.

HAVE ANY QUESTIONS ABOUT SPRIND CHALLENGES?

CHALLENGE OFFICER: DR. JANO COSTARD

WRITE TO US AT CHALLENGE@SPRIND.ORG