Get up to $20,000 to develop your solution

1. Finalists

Four proposals are invited to take part

  • Opportunity to improve their initial submission with the mentorship of a team of medical and industry experts
  • Benefit from MSD’s scientific and commercial expertise of the local market

2. Selection event

Finalists pitch their improved solutions

  • Receive direct insight from the Jury and network with senior MSD business leaders and experts 
  • The event will take place in Beirut in February 2019


3. The winner

Only one finalist will get the initial investment: up to $20,000 each to develop and locally launch their solution together with the MSD Lebanon team.

 

Other benefits include:

Support from the local MSD team for co-creating the solution and adaptation to the Lebanese market.

Access and networking with scientific societies, as well as the key Scientific Leaders in Lebanon.

Delivery of business support for business modelling and commercialization in collaboration with external experts.

Support the market rollout leveraging local MSD channels (eg. via professional medical representatives).

Local Social Media channels for Public Relations and solution sharing.


As an added value, the winner will get to know how to interact with a big pharma company, including its culture, company structure and constraints.

 

Finally, if the local launch is a success, its outcomes will be globally shared within MSD to investigate further implementations and opportunities beyond Lebanon.

Both finalists and winners, will obtain wide visibility and recognition

through the Innovation Factory and MSD dissemination channels

 

All Intellectual Property rights in the idea or concept presented by any participant, independently of the end results of the initiative, will remain as property of the solver entrant. Each finalist will receive 400€ to cover travel expenses. It is compulsory to physically attend the event to become a winner (no remote presentations).