We highly recommend you to upload a video. The video must not exceed 1 minute in duration and should be in English.
DON’T PUT SUBTITLES ON THE VIDEO
Please note that the video is not a pitch video. The video is a PRODUCT/SERVICE DEMO meaning that you must showcase your product/service/process/technology using the technical details and guide below.
Technical requirements:
• Landscape: Horizontal
• Quality: HD (the higher the quality, the better)
• Sound: Clear sound, minimize background noise
• Video: A maximum of 1 minutes and in English
Please use this format (roughly):
• Introduce your startup name and one-liner (20 sec)
• Show your product/service/process/technology (Important that you focus on good quality video in this part and that it is showing your solution, not just you talking (30 sec)
• Outro (10 sec)
Tips:
• Have a product? Show that beauty!
• Have a digital solution? Record your screen!
• Have a service/process? Show your screen/people using the service/doing
that process!
• Have a secret? Tell us that you do, since the video will be used for promotional
purposes at the award show, online and after the competition.
Newer phones can take good video but REMEMBER to film landscape/horizontal!
Macbooks have iMovie, where you can edit your video and Windows computers have a Video Editor.
Applications open:
May 1st, 2024
Deadline to apply:
June 10th, 2024
Selected startups
announced:
July 31st, 2024
Final pitch during Summit:
September 11th, 2024
Is it free to apply and participate?
Yes. Though if you are selected to pitch on stage, you will need to travel to Copenhagen (your ticket to TechBBQ is covered).
Are video submission mandatory in the application?
No, but we HIGHLY recommend you upload of a video of maximum 1 minute and in English. DON’T PUT SUBTITLES ON THE VIDEO.
What is the prize?
The prize money is 10,000 Euros. Additionally, there will be second and third places, although these prizes do not include a monetary award.
Will there be a pitch training?
Yes. All finalists must partake in mandatory pitch training provided by TechBBQ to assist your preparation.
What is the pitch timeframe on stage?
Each startup pitch will be 2 minutes followed by a 3 minute Q&A with the judging panel.
Can everyone within Life Science participate?
Applications are open to all Nordic Life Science startups that meet the criteria described above. However, consultancies, agencies, developers, marketing/advertising agencies, or public companies are not eligible to apply. Additionally, previous finalists in the Life Science Pitch competition 2023 cannot participate.
Startups will be judged on each of the following 4 criteria which will be scored from 1 (low) to 10 (high):
THE QUALITY OF THE IDEA
• Is the idea clear, coherent and well thought out?
• Is it based on relevant knowledge from own experience, education, research,
or work experience?
• It should be clear what makes the idea innovative and how it combines
knowledge with new or existing solutions to create new solutions in the form
of new behavior and/or new products, processes, or services.
• It should be clear how the business idea and its implementation differ from
competing solutions, products, or services.
IMPACT
• It is plausible that there is a need, users, paying customers, and a market
(however the size) – including an international one, if possible.
• It is plausible that a financially sustainable business/not-for-profit can be
established.
• The business idea should have the potential to create value for Denmark
or internationally through economic growth and/or by solving significant
societal challenges including environmental and societal challenges.
• Any potential impact on society should be sufficiently described
and explained.
THE EXECUTION STRATEGY
• The team should have relevant and diverse experience and abilities for
realizing the business idea. Furthermore, there should be a realistic plan
for how the team intends to address a potential lack of abilities.
• The business idea must be realistic and possible to implement in practice
(technically and in terms of regulation).
• Does the team have a clear plan for implementation (time to market) of the
idea with a realistic budget?
