Converge Challenge 2016 finalists announced

The finalists are competing for a total prize of £150,000 that includes access to a broad range of expert support and training through partners and sponsors. This year the Converge Challenge first place winner will also be automatically placed in the next Scottish EDGE semifinals and have the opportunity to pitch on stage at EIE17 to present to key investors and stakeholders. Alongside the first and second place prizes for the main Converge Challenge award category there is a £10,000 cash prize for the Design and Creativity Award introduced this year in celebration of Scotland's Year of Innovation, Architecture and Design.

The 2016 Converge Challenge category has been the most competitive year yet and five of the six finalists are Converge Challenge alumni having entered the competition in previous years and reaching various stages in the competition. Representing universities from Glasgow, Edinburgh and Dundee the shortlist of nominees represents a range of sectors and technologies including: food and drink, engineering, medical devices and healthcare apps and online platforms.

The 2016 Converge Challenge programme has been the most successful to date with 17 of Scotland’s universities represented among 212 applications. This was a record number of applicants and represents 14% growth year on year. Applications were received from Undergraduates (30%), Postgraduates (40%) and staff (30%) and increased applications for all other Converge Challenge award categories: KickStart (34%) and the Social Enterprise award category (14%).

Finalists must now prepare for the final on the 22 September where they will present their business plans in 45 minute pitches to the panel of expert judges made up of industry experts, leading entrepreneurs and investors from across the business community.

The judges for the Converge Challenge category include:

• Mervyn Jones, Chairman of Converge Challenge
• Gillian MacAulay, Managing Director of the Strathclyde University Incubator Professor David Milne, founder of Wolfson Microelectronics
• Mary Jane Brouwers, an investment specialist
• Gordon Stuart, Director of Operations at Informatics Ventures
• Douglas Anderson an expert in healthcare technology product design

The winners will be announced that evening at an awards ceremony at the Assembly Rooms, Edinburgh, on 22 September.

Mervyn Jones, Chairman of Converge Challenge and a member of the judging panel, said:

“All finalists should be commended as this year’s competition has been the highest standard to date. Many of this year’s finalists are previous alumni and range from university spin-outs to student start-ups representing the versatility of the competition and the appetite for entrepreneurship within education. The strength of the business plans at this stage revealed that many of the projects are close to market and we look forward to meeting the finalists on the 22nd.”

Converge Challenge 2016 Top 6 finalists (in no particular order)

Converge KickStart & Social Enterprise 2016 short list (in no particular order)