The Centre for Entrepreneurship (C4E) of the University of Cyprus and The Hellenic Initiative (THI) announce the organization of the 2017 Innovation & Entrepreneurship Forum for the commercialization of innovative research and technology startups (IEF2017). The event is being supported by the MIT Enterprise Forum Greece (MITEF Greece) and PwC Cyprus.
IEF2017 will take place at the University of Cyprus on the 28th of November 2017.
IEF2017 will showcase the most promising innovations incubating in Cyprus and support these ideas towards commercialization bringing together world experts and leading minds in innovation, successful entrepreneurs and venture capitalists from the USA and Europe.
Showcase cutting-edge university research in Cyprus which has the potential to be commercialized and launch as a startup.
Present successful examples of mature technology startups from Cyprus and the region.
Connect university researchers with expatriate innovation leaders and successful entrepreneurs from Cyprus and abroad.
Stimulate partnerships between the researchers and respected venture investors from the USA, Europe and the region.
Provide opportunities for sharing experiences and know how on best practices in research commercialization through structured and unstructured networking.
[2017-09-25] Submission Deadlines Update: Submission deadlines for all tracks have been extended to 09 October.
[2017-09-21] FAQ: Frequently asked questions can be found on the FAQ section.
[2017-09-18] Competition Track Eligibility Criteria Update: Companies do NOT have to be incorporated less than 3 years ago. More information about the Competition Track are available here.
[2017-09-05] Leon Sandler Presentation:
"Technological Innovation- commercializing university technologies for impact. The experience of the MIT Deshpande Center". Click here for the abstract.
[2017-09-05] Panel Of Judges:
Have you met the Forum's judges yet? Just head over to the Judges' section here and learn more about them!
KEYNOTE SPEAKER & PANELISTS
PANEL OF JUDGES
Marina Hatsopoulos, Levitronix Technologies
Yiannis Monovoukas, Helios Global Investments LLC
Marios D. Dikaiakos, Univeristy of Cyprus
Michael Printzos, THI
Program Chair: Maria Markidou Georgiadou, University of Cyprus
Competition Track Chair: Katerina Saridaki, MITEF Greece
Student Track Chair: George Kassinis, University of Cyprus
Research Capacity Track Chair: Theodosis Trypiniotis, Univeristy of Cyprus
Local Arrangements Chair: Elena Tanou, Top Kinisis
Communications and Outreach Chair: Ioanna Tsioutsioumi, University of Cyprus
Web Site: Andreas Andreou, University of Cyprus
Participation to the Forum is open to teams and individuals consisting of faculty, researchers and doctoral candidates from Cyprus universities. Cypriot startups will also be eligible to apply for participation in one or more of the tracks described above.
Training: Applicants to the Competition Track will have the opportunity to receive training and mentoring before the Forum to better prepare their business case and presentations/pitches. To this end, training workshops featuring world-class trainers will be hosted by the Centre for Entrepreneurship on: Business Modeling, Pitching, Design Thinking, Introduction to Accounting Principles, Incorporating a company in Cyprus, and the Intellectual Property regime of Cyprus.
Evaluation: All applications will be evaluated by a committee of top level international business executives, including innovation experts, angel investors, venture capitalists, successful entrepreneurs from Cyprus and abroad, representatives of The Hellenic Initiative (THI) and the MIT Enterprise Forum Greece.
Competition Track Selection Criteria: Applications to the Competition Track will be selected based on a number of criteria, the main ones being innovation and competitive advantage, technological readiness and potential for scalability. Details of applications will not be shared with any third parties. Even if an application reaches the final shortlist of the Competition track, no details of the proposed business idea will be published without prior consent by the applicants. For more information, visit Competition Track page. Please check Terms & Conditions for participation.
Research Track Selection Criteria: Applications for the Research Track will be selected based on maturity of work and commercial potential. Particular attention will be given to the scientific basis of the work. Applications that showcase the capabilities of research laboratories (e.g. specific equipment, unique know-how, etc) are encouraged. For more information, visit Research Capacity Track page. Please check Terms & Conditions for participation.
Student Track Selection Criteria: Applications to the Student Track will be based on novelty, scientific or technical merit, presentation quality, and potential for business or social impact. For more information, visit Student Track page. Please check Terms & Conditions for participation.
Competition Track: The panel of judges will select the best three cases presented in the Competition track. The winning teams will win prizes and in-kind services offered by the organizers as well as other corporate supporters. In particular:
THI will offer monetary prizes to the three (3) winning Participants; $8,000 to the 1st team, $5,000 to the 2nd team and $2,000 to the 3rd team.
A Prize will be offered by the MITEF to the best Participant; it will consist of free participation of at least two (2) members of the winning team in a three-month business skills accelerator program offered by MITEF in Athens, Greece, to the semi-finalists of the annual MITEF Greece Startup Competition, as well as a placement to the semi-final round of the MITEF competition. The travelling and other expenses related to the participation of at least two (2) members of the winning team to the 3 month Accelerator programme of MITEF will be covered by the monetary prize of €8,000 offered by THI.
PriceWaterhouseCoopers will offer as prize to the 3 winning Participants four days of exclusive training on business strategy, costing and budgeting, key financial principles, people management and presentation skills.
Student Track: The panel of judges for the Student Track will select the best three cases presented in the track. The winning teams will win prizes and in-kind services offered by the organizers as well as other corporate supporters. In particular:
1st and 2nd prize offered by C4E: a maximum of 4 scholarships offered to UCY students for attending the 2018 European Innovation Academy Summer program.
3rd Prize offered by PWC: Access to 4 days of intensive, exclusive training offered by PWC Cyprus on business strategy, costing and budgeting, key financial principles, people management and presentation skills.
Q: I am working on a new idea for a product but my company was registered 5 years ago. Can I still apply to the Competition Track?
A: Yes. What is important is that the idea you wish to present is new and has not received substantial funding or reached the market.
Q: Members of our team live abroad and cannot travel to Cyprus for the Forum. Do we have to be all present at the Forum and the trainings?
A: No. At least one member of your team needs to be there, however, to present your pitch.
Q: Where can I find the application forms for the Competition?
A: The application form is an MSWord document; you will find it at the end of the web page at http://www.c4e.org.cy/ief2017/competition_track.html
Q: I am a student. How can I participate to the Forum?
A: Apply to the Student Track; you will find guidelines and the application form at http://www.c4e.org.cy/ief2017/student_track.html
Q: Is the Research Track only for members of the University of Cyprus?
A: Definitely not. We welcome participation from all Cypriot academic and research organisations, as well as from Cypriots living abroad. What is more important is to have ideas/results with a potential for exploitation, and you have thought what this might be.
Q: My team is working on a social entrepreneurship product. Is this of interest to the Forum?
A: Definitely yes, if it has innovative aspects.
Q: What is the purpose of the Networking Track?
A: It is some time that we reserve during the Forum, so that participants of the other tracks have the opportunity to meet in person and discuss with invited guests and competition judges.
Q: I am afraid that if I present to the Forum, my idea may be exposed to competitors. How can I protect my intellectual property?
A: Prior to submitting your Application, your are encouraged to take necessary steps to ensure adequate protection of any intellectual property contained in the Application (including intellectual property filings, patent and copyright notices). If no such steps are undertaken or you are in the process of obtaining protection then we encouraged to include only non-confidential information in your Application. If you need some help on how to do this, let us know!