During a one-week Summer Camp, 42 selected postgraduate students will attend in-depth presentations about the pharmaceutical and chemical industry. Participants will work in small teams to generate an innovative idea that addresses a scientific challenge and develop the idea into a business plan. The teams will receive coaching and guidance from managers and scientists of Merck and its affiliates, as well as experienced retirees.
The teams will present their business plans to a grand jury composed of top management of Merck and its affiliates and external experts. The jury will select the best business plan and present the winning team with the Innovation Cup award and a cash prize of EUR 20,000 plus EUR 5,000 and EUR 3,000 for the runner-ups. Options to implement the best business plans will be evaluated.
On the first day of the Summer Camp, a conference with alumni from previous editions of the Innovation Cup will be organized.
Applications are open until 31 January 2024.
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