TERMS & CONDITIONS:
Overview
INNOMed:Innovation Pitching Powered by PERANTIM 2024 is proud to announce its medical innovation pitching competition, inviting creative minds and pioneering spirits from Malaysian higher education institutions to showcase their groundbreaking medical innovations. This competition aims to foster innovation in healthcare by providing a platform for university students and to present their prototypes, software solutions, AI applications, and more. Conceptual ideas will not be considered; all entries must have a tangible proof of concept.
| No. |
Category |
Description |
Lead by |
Joining Fee |
| 1. |
Young Inventors |
Public and/or Private Universities, Polytechnic, Community College Students |
Student |
RM150.00 |
| 2. |
Professionals (A) |
University Lecturers / Staffs |
Lecturer |
RM250.00 |
| 3. |
Professionals (B) |
Founder, SMEs and Industry Professionals |
Professional |
RM500 |
| 4. |
Professionals (C) |
International Universities & Industry Players |
Professional |
USD200 |
Eligibility
1. The competition is open to the above stated categories.
Entry Requirements
1. Submission Channels: All entries must be submitted through the official competition channels
2. Submission Components:
a) Detailed description of the medical innovation/medical device (500 Words).
b) Pitch video (YouTube, max 3 minutes)
3. Language: Entries must be in Bahasa Malaysia or English.
Intellectual Property
1. Participants retain ownership of their ideas and intellectual property.
2. By entering the competition, participants grant PERANTIM the right to use their submissions for marketing/promotional purposes.
Confidentiality
1. PERANTIM or INNOMed:Innovation Pitching Powered by PERANTIM organizers will not disclose any participant's submission to third parties without consent.
2. Participants are responsible for protecting their intellectual property before submission.
Judging Criteria
1. Submissions will be judged based on:
a) Novelty of innovation
b) Feasibility
c) Market potential
d) Presentation quality
e) The judging panel will consist of industry experts, academicians, investors, and representatives from PERANTIM and USIM (the Academic partner).
Prizes
1. Details on prizes will be announced soon.
Competition Timeline
1. Submission Deadline : 11:59pm on 11 NOVEMBER 2024, Monday
2. Judging Period: 11 NOVEMBER 2024 - 15 NOVEMBER 2024
3. Finalists Announcement: 16 NOVEMBER 2024, Venue (TBD)
4. Final Pitch Event: 10-12 DECEMBER 2024, Hall 1, Kuala Lumpur Convention Centre (KLCC)
Travel and Accommodation
1. Finalists or their representatives are required to attend the pitch event. PERANTIM will NOT cover the travel and accommodation expenses for the finalists or their representatives.
Disqualification
1. PERANTIM and USIM reserve the right to disqualify any entry that does not comply with the terms and conditions.
2. Entries containing plagiarism or violating third-party rights will be disqualified.
Liability
1. PERANTIM is not responsible for any damages or losses incurred as a result of participating in the competition.
2. Participants agree to indemnify PERANTIM against any claims arising from their submissions.
Publicity
1. Winners agree to participate in publicity activities and grant PERANTIM the right to use their names and likenesses for promotional purposes.
Governing Law
1. The competition is governed by the laws of Malaysia.