Top 10 Finalists announced for TBAT Innovation Challenge
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TBAT Innovation has recently announced the top 10 finalists for the Innovation Challenge, proudly sponsored by Forresters.
Designed to promote and support innovation across many technical areas, the Innovation Challenge has once again attracted an impressive range of entries from SMEs with unique new ideas. The extensive programme offered by TBAT included four comprehensive workshops led by industry experts, including one led by Partner Jagvir Purewal and Senior Associate Greg Smith from Forresters. These workshops were intended to provide entrants with the insights and skills necessary to refine their ideas before submitting their entries to this year’s competition.
The finalists have the chance to win a £5,000 cash prize, as well as part of a support package valued at £65,000. Two runners-up will also receive a support package, intended to assist them with further development of their projects.
The top 10 finalists are as follows:
- Anima People, a cybersecurity and organizational health monitoring platform utilising behavioural analytics and AI to strengthen threat resilience;
- Biofuel Evolution, a biotechnology and cleantech start-up combining compositional analyses and data analytics with bioengineering processes to address waste;
- C-Prio Ltd, pioneers of an AI tool aiding cancer diagnosis and drug discovery which offers greater training efficiency and accuracy in the field, among other USPs;
- Cambridge Surgical models, a start-up in the MedTech industry developing exciting new artificial anatomical models for surgical training;
- CoolRun, with their flagship CoolRun Pod product, addressing inefficiencies in the current last-mile delivery network and improving zero-emission, temperature-controlled transport;
- Flux Aviation, developers of electric motors and batteries powering next-generation electric aircraft, from small trainer aircraft to large commercial airliners;
- Intervent Cardio, who use their 21st Century space technological knowledge to provide medical device solutions for patients with heart disease;
- Pipeline Organics, a deeptech company developing biofuel cells capable of generating zero-carbon electricity from wastewater in the food and beverage industry on an industrial scale;
- Plasticell Ltd, with their proprietary combinatorial cell culture platform and analytics, contributing to the discovery of new cell therapy product development;
- Qube Buildings Limited, proprietors of their Bio-SIP™ system, combining recycled plastics and natural fibres for sustainable, energy-efficient modular building construction.
Jagvir Purewal, Partner at Forresters, said: “Forresters is delighted to have worked with TBAT Innovation for The Innovation Challenge since it first launched. Kate Wilson supported last year’s winner Septest Limited on their ongoing commercialisation journey and we will be pleased to lend a hand to this year’s talented finalists as well.”
Greg Smith, Senior Associate at Forresters, said: “It is an honour to be one of the judging panel this year. The competition has attracted yet another cohort of immensely talented individuals with promising ideas. I look forward to deliberating with the panel after seeing the finalist’s pitches on the day to pick the winners.”
The finalists will present their innovations to a panel of judges from TBAT’s partner network. The panel will name the winner of the 2024 Innovation Challenge at the Finalist Showcase event in Leicester on 9 October.
