Global Innovation Competition - GIST Tech-I Competition
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Global Innovation Competition - GIST Tech-I Competition; Are you a scientist? An entrepreneur? A researcher? An innovator? A student? Are you just someone who has a great idea or startup company and are looking to change the world? Whoever you are, if you have a great idea then Tech-I is for you!
The Tech-I competition is open to everyone between the ages of 18 to 40 years old who has either an idea or a startup in the sectors of agriculture, energy, healthcare, or information communication technology (ICT).
Your idea or startup can be an invention, a product, a service, an app, any combination of these, or something entirely unique. Learn more by viewing our recent webinar, Is Tech-I for me? What is Tech-I?
The Tech-I Competition is designed to encourage and support technology and science entrepreneurs to launch and/or grow a company through:
Training and mentorship with successful entrepreneurs, scientists, angel investors, and venture capitalists;
Networking opportunities; and
Access to capital.
How to Apply
Are you interested in applying to compete in the GIST Tech-I competition? The process is simple.
Before you apply, you should first confirm that you are eligible to compete. The basic eligibility requirements are that:
You must be a citizen of a GIST eligible country; and
You must be between the ages of 18-40 years old.
Once you have established that you are eligible to apply, you will next need to get together a few promotional materials for your application including:
An Executive Summary The Executive Summary narrative must be completed online in the application tool, must not exceed 750 words, and must be written in English. It should include the information outlined in the Program Announcement which includes significance of idea, scientific and technical merit, and commercial potential.
A 90 Second Promotional Video Each application must include a 90 second promotional video, which should highlight the value and purpose of the product or service to customers.
The video must be presented by the applicant in English or include English subtitles. The video should focus on the concept, product, or service being promoted and its potential market value.
This is your opportunity to really sell your idea so your video should be both engaging and creative. Further advice can be found here. Videos from last year's startup and idea stage winners are also available to use as examples.
During the application, you will be asked several questions including whether you are submitting an Idea or Startup science and technology product, research, or service. The following criteria should be applied to help you to decide which category you fit in:
Idea Stage Application
The entrepreneur has research or a technology with commercialization potential and is willing to start a business.
The entrepreneur has started thinking about the qualifications of the management team necessary to execute the idea.
The entrepreneur has started to identify advisors.
The entrepreneur has started market research.
Startup Stage Application
Venture is for-profit and less than three years old from date of launching startup.
Product or service is currently in a testing or pilot stage and not yet available for commercial release.
Venture is either self-funded (revenue) or has external financing (either from public or private sources).
For more information, application details and contacts, see; Global Innovation Competition - GIST Tech-I Competition
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