Unlocking Innovation Through Diversity: Nominations Open For The MSDUK Innovation Challenge

Nominations have opened for the MSDUK Innovation Challenge 2018, a pitching competition that aims to provide opportunities for ethnic minority entrepreneurs in the UK with an innovative idea, product or technology. The Innovation Challenge which is open to individual entrepreneurs and businesses, is sponsored by Cummins and will take place on 26th September 2018 at the Vox Conference Centre in Birmingham, during the MSDUK Conference & Awards. On offer are three scholarships to the weeklong residential Executive Business Programme at the Ivy League ‘Tuck Business School’ in Dartmouth, USA, worth $10,000 each.

The purpose of this year’s Innovation Challenge is to ‘Unlock Innovation Through Diversity’ by highlighting the ground-breaking ideas, business models and products developed by ethnic minority entrepreneurs and providing a platform for them to obtain investment, access to market and expert support.

The ethos behind the Innovation Challenge is to eradicate barriers for aspiring entrepreneurs to spurn new enterprises and provide support for existing ones. The goal is to make innovation and entrepreneurship accessible to all and showcase diversity as key part to achieving this result. In an era where talks around diversity & inclusion are at its zenith, and yet data shows that much more is to be done, this country-wide competition is a unique program actively engaging the diversity agenda & supporting minority-led businesses.

Mayank Shah Founder & CEO of MSDUK commented: “Britain is home to some exceptional ethnic minority entrepreneurs, professionals and individuals that are at the forefront of introducing breakthrough technologies, innovative ideas and new products. However, very little attention is given to diversity within the UK start up community and the difficulties ethnic minority entrepreneurs face in bringing innovative ideas and products to the market. At MSDUK we aim to change that by supporting innovative ethnic minority entrepreneurs and businesses”

This event will see a panel of judges selecting a winner from the categories below:

  • Disruptive Businesses – New Business Models & Solutions Emerging Tech: AI, IoT, 3D Printing, Blockchain, Robotics and more.
  • Tech for Good – Healthcare, Education, Future Workforce, Financial Services, Security, Citizen Identity and more.
  • Sustainable Futures – Smart Cities, Built Environment, Energy, Renewables, Transport
  • Innovation Wildcard – Creative Industries, Leisure, Entertainment, an innovative idea don’t need to fit a box or category

For more information please contact: Ervin Picari  ervin@msduk.org.uk

Fiona Hynds

 

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