Now in its 24th year, the Science4Life competition supports founders and startups in developing their ideas, business models, and business plans to later convince potential customers, investors, or cooperation partners. The nationwide competition is divided into three phases: the idea phase, the concept phase, and the business plan phase. Science4Life aims to map the various stages of starting a business, beginning with the development of a product, a service, or a digital business idea, through the development of a business model, and finally, the founding of the company.
Founding teams from the life sciences, chemistry, and energy sectors can apply for the Science4Life competition. All founders are offered the opportunity to participate in personal training and coaching sessions, as well as online seminars on key topics related to company founding. The best founding teams from the life sciences and chemistry sectors will be awarded the 'Science4Life Venture Cup'. Energy startups also have the opportunity to win the 'Science4Life Energy Cup', the industry-specific award for startup projects in the energy sector.
Submit your business plan by April 29
In the third phase of the competition, the Business plan in focusUntil April 29, 2022, teams can submit their Submit a business planThe authors of the five best business plans of the 'Science4Life Venture Cup' and the three best teams of the 'Science4Life Energy Cup' win participation in the Academy DaysIn exchange with industry experts, the strengths and weaknesses of the business model and business plan are discussed. With individual coaching and presentation training, the teams are prepared for the final pitch of the business plan phase.
Following the workshop, the teams will present to the expert jury of the 'Science4Life Venture Cup' and the 'Science4Life Energy Cup,' which will then determine the final rankings. The ten best entrepreneurial teams of the 'Science4Life Venture Cup' and the three best teams of the 'Science4Life Energy Cup' will be honored at the final awards ceremony on July 18, 2022, in Frankfurt am Main. A total of approximately €85,000 in prize money will be awarded. First place in the Venture Cup will receive €25,000, and first place in the Energy Cup will receive €10,000.
Participation in the three phases, including all services offered, is free of charge and is completely independent of each other. Those interested in founding a company and startups can join at any stage.
