Project contest

Several companies deal with the problem of finding marketable inventions and projects – the problem might be solved by a well-organized project contest. These contests consists of  project demonstration, writing business plan or presenting an elevator pitch.

ValDeal used to organise project contest to find the best scientific ideas. The ValDeal project contest’s steps were as follows: the innovative ideas go through a multi-step screening process. In the first round, the projects are examined by the most important criteria. Later on, the project owners are asked to introduce their ideas and the best inventions will be evaluated by the methodology of ValDeal to define market potential and the potential application fields of the invention.