Exist Insight ISSUE 05

THE INVENTOR PRIZE (ENTRIES OPEN)

  • THE INVENTOR PRIZE (ENTRIES OPEN) image 1

Added: 21 September 2017

The Inventor Prize has been launched as part of the Government’s Industrial Strategy.  Applications are open for the £50,000 prize which is looking for the UK’s best inventions that help make people’s lives better.  The Inventor Prize welcomes applications from innovative and exciting new products that haven’t been on sale before. The prize is being administered through Nesta, an innovation foundation and registered charity.

To be eligible, entrants will have to have a working model of their product that demonstrates what the product is able to do.  Prize funding will only be awarded for projects that have an identifiable public benefit related to the aims of the prize and Nesta’s charitable objectives and where any private benefit to individuals, companies or shareholders is incidental and not excessive.  All prize funding will be awarded in the form of grants for the continued development of the idea.

Deadline for entries is 22 October 2017.

CLICK HERE for further information including full eligibility criteria and how to apply.

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