2018-19 Health Innovation Challenge Application
Description

The Hollomon Health Innovation Challenge is an exciting extracurricular competition that gives students the opportunity to come up with meaningful solutions to big problems the world faces today related to health.

For more information visit the website at HIC.Washington.edu

Students: Why participate?

  • What does it take to bring a new idea to the world? You will find out.
  • Prototype funding is available for demonstration models.
  • Top-level professionals from the community will mentor you.
  • Work with an interdisciplinary team.
  • Prepare yourself for a career in the fast-changing world of healthcare and technology.
  • Win prizes up to $15,000 or more.

Top Teams participate in the HOLLOMON HEALTH INNOVATION CHALLENGE FINAL EVENT on March 6, 2019, where they will pitch their ideas, demo their prototypes, and respond to judge questions.

 
Rules

What is needed to enter the Hollomon Health Innovation Challenge?

Optional
Prototype funding application (Deadlines Nov 27, 2018 and Jan 11, 2019) APPLY HERE

All Entrants
Register your team (opens Jan 2, 2019)
5-7 page Business Summary (ENTRY DEADLINE Feb 11, 2019, noon)

Top Teams chosen to come to the final event
1-page business summary (due Feb 28, 2019)
Pitch (at the HIC, March 6, 2019)
Demo or prototype (at the HIC, March 6, 2019)

Confidentiality
Your submission into the competition is distributed to a large group of community professionals who act as judges.

We strongly encourage any team with concerns regarding intellectual property such as patent or copyright potential to either contact their University’s intellectual property office (for University-developed discoveries) or competent legal counsel (for non-University related discoveries) before submitting their proposal into the competition.

The University of Washington, the Buerk Center for Entrepreneurship, the Foster School of Business, and the organizers of the competition are not responsible for any proprietary information and/or intellectual property included in a submitted business summary.

Ultimately, protection of sensitive materials is the sole responsibility of the individual or team participating in the competition.

Photo and Video Disclaimer

By attending Buerk Center for Entrepreneurship events, participants grant the Buerk Center permission to the rights of their image, likeness, and recorded voice, without payment or consideration, for non-commercial use. Participants must understand that there is no time limit on the validity of this release, nor are there any geographic limitations on where these materials may be distributed. Students, judges, mentors, and all other related parties to events may request photos for use following the event in question. Requests will be handled on a case-by-case basis. Attribution/Courtesy must be included with all photo/video use. The Buerk Center retains the right to request photos/videos be removed from third-party websites, distributed materials, and/or similar media. University of Washington licensing and other media-related policies related to the UW Brand can be found at https://www.washington.edu/brand/ .

Rules
Teams entering must have at least one full-time or part-time student on the team who is enrolled in a degree-seeking program at an accredited college or university in the Pacific Northwest, including Washington, Alaska, Wyoming, Idaho, and Montana. If you graduated the summer quarter prior to the year of the competition or later, you are considered a current student in the competition.

The competition entry must be developed during the student’s tenure at the college or university. Students working with outside entrepreneurs must create their own original business plan and have responsibility for their own portion of the business.

All submissions to the Hollomon Health Innovation Challenge must live up to the higher ideals of the University of Washington. The team’s idea must be appropriate for a university-sponsored event. The Buerk Center for Entrepreneurship reserves the right to disqualify any entry that is its judgment violates the letter or the spirit of the competition or exceeds the bounds of social convention.

If the team or company entering the competition is revenue positive, actual annual revenue cannot exceed $500k. (Please note this is different than the company’s projected revenue. This rule does not apply to projected revenue.)

Eligible students can form a team with non-students, but for the sake of this competition, non-students will be considered as advisors.
Students must have an ownership stake in the business or the potential for equity or employment.

Only student team members are eligible to earn prize money. No payments will be made to non-students.

Note: The Director of the Buerk Center for Entrepreneurship reserves the right to make the final determination of the eligibility of submitted business ventures.

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