The innovation Factory in a nutshell

Eligible participants 

Any start-up or company that is incorporated in any country. Consortiums are permitted. 


Type of solutions

Participants can present products or services on the challenge area of focus.



Submitting an application

Must be submitted using the official tool. Once a team has been registered on the platform, no changes in its proposal will be made.


Selection Event 

If application is selected, participant must attend the selection event to present the solution and will receive an economic compensation.



Cost of participation

 

Free of charge 

 

 


Intellectual Property 

IP 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.



Judging criteria 

  • Solution fit to the proposed need, considering the expected outcomes (50% weight)
  • Feasibility of success in 12 months (30% weight)
  • Competitive advantage: innovativeness and uniqueness of the solution (20% weight)

Winner

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

 

 

 

 

 



To the attention of all participants

Selected proposal(s) may be subject to the internal evaluation of the Legal and Compliance Department in order to guarantee its total alignment with MSD policies and market regulations before the pilot execution. The selected Solver must commit to implement the suggestions from the medical, legal and compliance department before the pilot execution. 

Please, take your time before applying and read the full terms and conditions

Download
Terms and Conditions 2018
MSD Innovation Factory terms and Conditi
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