EIT RawMaterials Idea Competition

EIT RawMaterials Idea Competition: Pitch and win SEK 600 000 to realise your idea

Apply before 21 January!

EIT RawMaterials and SIP STRIM launched their annual innovation competition, which is a unique opportunity for suppliers, entrepreneurs and stakeholders in the mining and metal industry to present their ideas and be given the opportunity to realise them.

One contest – Two winners

Two winners will be selected, one by SIP STRIM and one by EIT RawMaterials. Each winner will receive SEK 600 000 to realise their idea.

SIP STRIM works with early stages of development and is looking for ideas at technical levels TRL 4-7. EIT RawMaterials works with development from early stages to mature start-ups, but in this competition, is seeking ideas on development levels TRL 4-8.

Submit your idea by 21 January 2019. The jury will then make the first selection. The 12 selected contributions will pitch their idea in front of a jury and audience on 13 February. The winners will be announced by 1 March 2019, and the prize ceremony will be held on 15-16 May in Luleå, Sweden.

Important dates

  • Deadline for submitting your idea description, 21 January
  • Notice of acceptance of the pitch event, 25 January
  • Deadline to confirm participation at pitch event, 1 February
  • Deadline for submission of presentation for pitch, 8 February
  • Pitch event at Luleå Science Park (Luleå, Sweden), 13 February
  • The winner will be notified by 1 March
  • Award ceremony in Bergforskdagarna, 15-16 May

Pitch event on 13 February 2019

The pitch event is a great opportunity to meet creative entrepreneurs and mingle with people from the industry. Join the event and be part of the audience. Register here.

Submission to the innovation contest

  • Download the template for the submission of contributions: application form
  • Submit your contribution on the intended word template to Terese Mella no later than 21 January 2019.

In your application you should:

  • Describe your idea in a short and concise way from a solution/technical perspective, as well as market/customer perspective. 
  • The team is an important part of the potential for an idea to progress and succeed. Describe the project team under a designated heading in the application.
  • Describe the current status of the idea in relation to TRL and CRL. See TRL/CRL criteria on SIP STRIM website.
  1. TRL, Technology Readiness Level: Technical development status on your solution
  2. CRL, Customer Readiness Level: Ability to be utilized by the customer
  • Describe how the idea is linked and contributes to SIP STRIM and EIT RawMaterial’s visions and strategic goals.
  1. SIP STRIM agenda
  2. EIT RawMaterials Strategic Objectives and Technical scope

Assessment criteria

The jury will take into account the following criteria in its assessment.

  • TRL level (SIP STRIM 4-7, EIT RawMaterials 4-8)
  • CRL level (SIP STRIM 1-3, EIT RawMaterials 3-7)
  • Development potential, commercial product or implementation in business
  • Market impact (unique product/service on the market)
  • Level of innovation and degree of impact on an identified problem area and its value chain
  • Possibilities for continued funding up to a finished product
  • Assessment of the company/consortium that is behind the innovation as well as the team/project organization
  • The idea/project’s contribution to SIP STRIM and EIT RawMaterial’s visions and strategic goals

Language

The pitch competition will be held in Swedish. Competitors can pitch and apply in English if they wish.

Travel allowance

Travel allowance of SEK 3 000 can be sought by participants who have been selected to the pitch competition.

Information for winners

  • The winner selected by SIP STRIM is entitled to funding if they meet Vinnova’s requirements. Innovation ideas that have already received funding from Vinnova are not eligible for funds.
  • The winner selected by EIT RawMaterials is eligible funding if they meet EIT RawMaterial’s funding requirements. More information.
  • Winners will have to submit a detailed project plan for how they intend to use the funding, as well as what activities they are planning for taking their innovation to the next stage of development.

Jury

Matz Sandström, SIP STRIM (Chairman)

Katarina Öquist, EIT RawMaterials

Susanne Gylesjö, Vinnova

Åke Kruukka, Epiroc

Monika Kristel Hernblom, Boliden Smelters

Matthias Wimmer, LKAB

Åsa Gabrielsson, Epiroc

For more information, please visit the SIP STRIM website.


 


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Main Photo: EIT RawMaterials Idea Competition