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Raghav Aggarwal, Sandeep Toppo, Jayendra Shinde et d'autres participent à ce challenge
APAC Innovation Challenge
APAC Innovation Challenge
#GoBigwithMedtronic
Overview by Stage
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Application Phase
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Round 1. Internal Shortlisting
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Round 2. Company Intro Pitch
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Final Round. Business Case Development
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Final Pitch
Application Phase | October 14 - November 26
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Register your company on the platform and complete the submission form describing the background of the company. Participating companies are also required to submit a proposal of 15 slides or less in English (PPT or PDF format). Please click HERE to see the details.
The deadline for the submission will be on November 26, 2021 at 11:59pm SGT (GMT+8).
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Round 1. Internal Shortlisting | November 29 – December 15
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A cross-functional APAC team at Medtronic will evaluate all submissions based on the following criteria:
- Relevancy: How well does the proposal respond to the specific need(s) set out in the Brief?
- Feasibility: How feasible is the idea including the product/solution to be put into practice? Will the solution be sustainable over the long term? How strong is the management team dealing with the idea?
- Impact: What are the addressable markets/countries where the ideas including the product/solution can be commercialized? What is the market potential? How broad is the impact of commercializing the idea?
The Top 25 Companies will be selected for the next round. Priorities will be given to companies with offerings value adding to APAC and/or headquartered in the Medtronic APAC region. Selected Top 25 Companies will be notified between December 16-24, 2021.
- Relevancy: How well does the proposal respond to the specific need(s) set out in the Brief?
Internal Pitch Phase | January 17 - January 18
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The Top 25 Companies will pitch live to Medtronic APAC Leadership Team. They will be judged on the following criteria:
- Innovation: How innovative is the idea including the product/solution in its use of new or existing technology to solve the issue described in the Brief? Are there other similar solutions available in the intended market? If so, how is the idea different from the existing solutions available?
- Feasibility: How feasible is the idea including the product/solution to be commercialized? What is the roadmap for business growth? Will the proposed growth plan be sustainable over long term?
- Impact: What are the addressable markets/countries where the ideas including the product/solution can be commercialized? What is the market potential? How broad is the impact of commercializing the idea?
- Clarity: How well the Participant articulates the idea including the product/solution including the potential the idea has in the event the Sponsor proposes to partner with the participant.
The Top 10 Companies will be selected for the next round. These top 10 Companies will be notified between January 20-24, 2022.
- Innovation: How innovative is the idea including the product/solution in its use of new or existing technology to solve the issue described in the Brief? Are there other similar solutions available in the intended market? If so, how is the idea different from the existing solutions available?
Final Round. Business Case Development | January 25 – February 25
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The Top 10 Companies will be provided mentorship and inputs by Medtronic experts to improve their final business cases over 5 weeks. During this time, these Companies will also have the opportunity to interact directly with Medtronic APAC Leaders by joining the expert learning series.
Final Pitch | March 15 – March 16
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The Top 10 Companies will do escalation pitch to the judging panel including Medtronic APAC leadership team and external judges. Five Winners will be selected. Please stay tuned to hear more information about Final Pitch!
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