The Spinoff Prize is a new attempt to reward commercialisation of discoveries in university labs. It is administered by Nature magazine. The first edition of the prize was launched in November 2019, with 150-odd applications. To be eligible, commercialisation and corporatisation must have started post November 2016.
The jury shortlisted 12 applications for a “pitch slam”, where they present to the jury. That list will be pruned to four companies for a live slam today (July 13) as part of the Future Insight Virtual Event sponsored by Merck. The winner of the 2020 Nature Spin-off Prize will receive a modest grant
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