FAQs
What is the Innovation Cup 2025?
The Innovation Cup 2025 is a creative platform that unites post-graduate students from various fields with the company's senior management, researchers, and retirees to advance science and technology, focusing specifically on the oncology field this year.
Who can apply for the Innovation Cup?
Advanced students in life sciences, chemistry, physics, computer sciences, and business administration, as well as Post Docs in related fields, can apply. Advanced MBA students or recent MBA graduates with a life sciences background are also eligible.
When and where will the Innovation Cup take place?
The Innovation Cup will take place from July 19-25, 2025, near Frankfurt, Germany.
Are travel and accommodation expenses covered?
Yes, all travel, accommodation, and food expenses will be paid by the company.
What is the focus of the Team Oncology?
The Team Oncology will work on innovative approaches for the targeted treatment of cancer, involving small molecules or proteins to directly attack cancer cells or to stimulate the immune system to overcome the immunosuppressive tumor environment.
What should I include in my application?
You should include a motivational letter, CV, and a list of publications when applying for the Innovation Cup.
How many students will be selected to participate?
A total of 35 postgraduate students will be selected to participate in the Innovation Cup.
Will there be networking opportunities during the event?
Yes, there will be ample networking opportunities, including a conference with alumni from previous events.
What is the prize for winning the Innovation Cup?
The winning team will receive the Innovation Cup award and a cash prize of EUR 20,000, with EUR 5,000 for the runner-up team and EUR 3,000 for the third place team.
How do I apply for the Innovation Cup?
You can apply online through the designated webpage starting November 1st, 2024, until January 31st, 2025.
Is there a specific focus on U.S. healthcare professionals?
No, the cup is not open to U.S. healthcare professionals.
What type of projects will participants work on during the Innovation Cup?
Participants will work in small teams to generate innovative ideas that address scientific challenges and develop these ideas into business plans.
What can I expect to learn during the Summer Camp?
You will gain in-depth knowledge about the pharmaceutical and chemical industry, understand R&D processes, and learn to evaluate ideas from both technical and business perspectives.
Is this program inclusive of diverse backgrounds?
Yes, the program celebrates diversity and inclusion, recognizing that a variety of perspectives and experiences drive innovation and excellence.
How can I find more information about the application process?
Further information about the program and application process can be found on the designated websites for U.S. and non-U.S. applicants.
