The Mondragon Unibertsitatea Faculty of Engineering calls for a new edition of its competition to search for technology-based start ups
The Mondragon Unibertsitatea Faculty of Engineering calls for a new edition of its competition to search for technology-based start ups
The Mondragon Unibertsitatea Faculty of Engineering calls for a new edition of its competition to search for technology-based start ups
The prize to which the winners can aspire has a value of more than EUR 25.000, amounting to more than EUR 110.00 the total value of all the prizes distributed.
The Faculty of Engineering of Mondragon Unibertsitatea has opened the registration for a new edition of the competition ‘Mondragon Unibertsitatea Industrial Sustainable Entrepreneurship Awards’, with which it offers the possibility that both a business idea and a consolidated startup, linked or not to the university, can incorporate to their project an engineering student from Mondragon Unibertsitatea.
In this way, the university and the collaborating companies, including the Fagor Group, Orbea and MONDRAGON Corporation, will offer several scholarships for students to collaborate with the implementation of the entrepreneurship project. To do this, the person or the entrepreneurial team will be able to choose which engineering student profile they want to incorporate to the project: mechanics, electronics, informatics…
To participate it is not necessary to belong to Mondragon Unibertsitatea, as one of the main objectives of this competition is to help to make the leap to the market to all those people or groups that have ideas related to industry, technology or sustainability. In this sense, it is also not necessary that it is an idea yet to be executed, those newly formed or in the process of doing so will also be able to submit to the competition.
The scholarship formats are multiple, not only limited to the additions already mentioned. Among other things, they can also facilitate technological and entrepreneurship monitoring, as well as an office space, equipment and space for prototyping or even advice on industrial and intellectual property.
In the summer edition last year, there were 11 scholarships awarded to innovative, technological and sustainable ideas out of a total of 32 that were presented to the competition; figures that are expected to be matched or even exceeded in this new edition due to the great relevance that the competition is charging within the sector. The latter is thanks, among other things, to the high value of the aid and services distributed by the network of collaborators with which the competition is held, consisting of: Fagor Group, Orbea, MONDRAGON Corporation, Gaztenpresa, Isea, Saiolan, GARAIA, Galbaian and Erreka.
Registration period already opened
The competition is divided into two main categories: projects and startup. The first is divided into ‘Ideas to commercialisation’, which rewards the best project for its ability to be marketed in the short term; ‘Ideas to innovation’, which rewards the best project that needs to delve into some kind of content, but which has a perspective to reach the market in the medium-long term; and ‘Ideas to research’, which rewards the best project that still requires research but expects to reach the market in the long term. As for the startup category, there will be two prizes for the ‘Growing up’ and ‘Scaling up’ phases.
People or groups interested in participating in this new edition must register before 4 April. It will be during the first half of May when all the participants will be contacted to tell them whether they have won a prize or not, and in early June the event where all the winners will participate will be held.
More information and contest bases here
HIREKIN project
Mondragon Unibertsitatea opened last summer HIREKIN,el Centro de Innovación y Emprendimiento para una trasformación industrial sostenible, located in Arrasate. This center is led by the Mondragon Unibertsitatea Polytechnic School and will promote the interdisciplinary collaboration of companies, entrepreneurs, research staff and students in entrepreneurship and intra-entrepreneurship actions for the necessary transition to a sustainable industry.
This competition, therefore, is part of a larger project that seeks to promote industrial and sustainable entrepreneurship, since both the university and the companies that support the HIREKIN project are involved with the transformation of the territorial industry, as well as with the promotion of employment.
More information about HIREKIN here