Innovative business ideas wanted!
Prove your creativity, innovative potential, get feedback from experts and extend your networks. Be ready to compete with your business idea!
The Best Idea Cup is a competition of business ideas at Rhine-Waal University. It is organized by the Centre for Research, Innovation and Transfer within the project StartGlocal. Send us your business idea description and get a chance to win attractive prizes. Who knows, maybe the participation in the Best Idea Cup will open a whole new chapter in your life and mark the beginning of your own start-up journey.
Five reasons for your participation
1) Discover a new career path
Have you ever dreamed of becoming an entrepreneur or a start-up founder? The Best Idea Cup 2022 is a perfect chance to test, if self-employment could be a career option for you.
2) Expand your network
The Best Idea Cup 2022 enables you to connect with real entrepreneurs and stakeholders from the start-up scene and to get a feedback from the expert jury. Who knows, maybe there will be some potential investor in the jury as well.
3) Gain new key competencies
While preparing for the competition, the coaching will help you to develop your entrepreneurial skills and learn many new things, which can enhance your CV (Curriculum Vitae) in the future. Don’t forget about these long-term benefits!
4) Get start-up support from experts
The TOP 10 participants will receive a free start-up coaching, pitch training preparation and guidance for the preparation of a prototype from the StartGlocal team. An expert jury will provide feedback to the ideas at the final pitch presentation.
5) Win attractive prizes
1st place: 2000€ + certificate + trophy
2nd place: 1500€ + certificate + trophy
3rd place: 1000€ + certificate + trophy
All enrolled students and alumni of the Rhine-Waal University are entitled to participate in the Best Idea Cup 2022 competition alone or as a team.
Employees of Rhine-Waal University can only participate with a project or business idea of the university, not with a private idea.
The same applicant (team) may submit one or more ideas.
How to apply
Please fill in the application form until the 31.08.2022 in order to participate in the Best Idea Cup 2022.
Make sure that you described your business idea in a precise, clear and comprehensible way. The same applicant (team) can submit one or more ideas. You can add pictures and further descriptions of your idea at the end of the form.Apply now and win up to 2.000€!
Submitted business ideas will be evaluated according to the following criteria:
Degree of innovation/originality (30 %)
The degree of innovation defines how "new" an idea is. It enables the classification of innovations in terms of their technical progress and novelty for the market.
Market potential (30 %)
The market potential refers to the theoretically possible sales volume or the maximum sales volume of a product on a given market. Is there sufficient demand for your idea on the market? Here, the added value for customers, customer benefits and attractiveness of the future product are important.
Feasibility (20 %)
What is the chance of your idea being implemented? Feasibility is represented by the following criteria: technical feasibility, market entry, economic feasibility, legal restrictions, internal barriers.
Social and environmental impact (20 %)
Ideas with a social and environmental focus want to make the world a little bit better. What impact does your idea have? Get inspired by the 2030 Agenda for Sustainable Development with its 17 goals.
01.06.-31.08.2022: Application period for the Best Idea Cup 2022
The application period for the Best Idea Cup is opened until the 31.08.2022 midnight. Please be sure to apply via this webseite on time.
14.09.2022: Are you in?
After the submission period, the StartGlocal team will review all ideas and select the 10 best. On the 14.09.2022 you will be informed whether your idea is among the 10 best ideas.
19.09.2022 – 21.10.2022: Let’s get your idea ready for the pitch!
The TOP 10 applicants will be invited to a pitch in front of a jury in October 2022. In the time from 19.09.2022 to 21.10.2022 StartGlocal start-up scouts are going to help you with the preparation for the pitch and with building of your prototype.
27.10.2022: Pitch at the Best Idea Cup 2022
The Best Idea Cup will take place as part of the Academic Year Celebration of the Rhine-Waal University on the 27.10.2022. The top 10 teams will present their business ideas in front of the jury, which will decide on the three winning ideas. This jury will consist of different stakeholders from the university and the region as well as investors and experts from the start-up scene.
The three winners of the Best Idea Cup 2022 will be announced at the Awarding Ceremony on the same day.
Confidentiality and data protection
Your data and idea submission will be available only to the StartGlocal team and jury members, and will be treated as confidential. The data and the idea will not be forwarded to third parties without your previous consent. With respect to the patent rights and trademarks, the idea will be used for marketing purposes, only with your consent.
Are you ready to compete?
Apply now for the Best Idea Cup 2022!
Impressions from the Best Idea Cup 2019
Apply now for the Best Idea Cup 2022!
If you have any further questions regarding Best Idea Cup, please join our Best Idea Cup Info Session on June 14th or meet Lea and Anna-Lea live in front of the mensa on campus Kleve on June 21st.