Inventors looking to get their products to market are being £30,000 of research and development expertise by the Morgan Innovation & Technology Prize.
The competition, which closes on 5 November, was launched year by Morgan Innovation & Technology (MIAT) to celebrate its 30th anniversary. The company designs, develops and manufactures new products, investing 20% of its turnover every year to help inventors get their product to market.
The prize will go to the entry with a real commercial potential to change people’s lives for the better.
The winning entry will receive £30,000 of research and development expertise from a team of invention specialists and second prize will receive £10,000.
CEO Nigel Clarke said: “We know from our own experiences that practical help and support can often be more valuable to an early stage inventor than cash, so we decided the prize should be made up of R&D and manufacturing services to ensure we deliver a tangible benefit to the winner.”
Entries will be judged by TV presenter Jon Bentley of Gadget Show fame. He said: “I’m excited to help judge an award that fosters innovation and harnesses creativity to generate ground-breaking visionary products.”
Entry to the Morgan Innovation & Technology Prize 2017 is free: http://www.miatprize.co.uk/. The winners will be announced in January.