Enterprising university students will bid for £750,000, in a new competition designed to encourage the practical use of intellectual property (IP) in their business ideas.
Launched on Tuesday, the StudentshIP Enterprise Awards will provide funding, ranging from £10,000 up to £100,000, for university projects that bring enterprising students, businesses, and their local community together to work on innovative projects. In-house projects or collaborations with other universities or businesses that create, manage or exploit intellectual property will all be considered.
Award winners will increase their understanding of the value and use of intellectual property, so the next generation of graduates are better equipped to enter the world of modern business and make the most of their unique ideas.
The competition will run until 12 December 2014, with finalists announced in January and the winners in March 2015.
