Online applications are invited for the Merck Group Innovation Cup 2024. The last date for submitting entries is January 31, 2024.

About Merck Group

The Merck Group, branded and commonly known as Merck, is a German multinational science and technology company headquartered in Darmstadt, with about 60,000 employees and a presence in 66 countries.

The group includes around 250 companies; the main company is Merck KGaA in Germany. The company is divided into three business lines: Healthcare, Life Sciences, and Electronics. Merck was founded in 1668 and is the world’s oldest operating chemical and pharmaceutical company, as well as one of the largest pharmaceutical companies globally.

About the Event

The Innovation Cup is an initiative for postgraduate students in natural sciences, computer sciences, and business administration to attend a training program near Frankfurt, Germany.

As part of the Innovation Cup, selected applicants join a week-long summer camp, to work together in a highly stimulating environment.

  • Work as part of a team to generate new ideas in the fields: of oncology, immuno-oncology, autoimmunity, small molecules drug discovery, protein engineering and screening, and digitalization.
  • Evaluate your ideas from a technical and business perspective and build a convincing business plan.
  • Learn the essentials of R&D within the pharmaceutical industry.
  • Network with the brightest students from all over the world.
  • Understand how products can be successfully discovered, developed, and brought to market.
  • Get to know Merck and learn about career options.

Eligibility Criteria

  • It is open to postgraduate students in the life sciences working towards a Ph.D. in biology, medicine, biotech, bioinformatics, computer science, data science, biochemistry, chemistry, pharmacy, engineering, or related fields.
  • Postdoctoral students are also welcome to apply, as are advanced MBA students or recent MBA graduates with an interest in the pharmaceutical business and a background in life sciences.
  • This program is not open to healthcare professionals.

Benefits

  • The winning team is awarded the Innovation Cup and a shared prize of €20,000.
  • The runner-up receives a shared prize of €5,000 with €3,000 for third place.
  • In the following, options to implement the best business plans will be evaluated.
  • The Cup is also a great opportunity to network and boost your professional development.
  • On the last day of the summer camp, a conference with alumni of previous Innovation Cup editions will be organized. Learn what alumni are doing today and expand your network of top innovators.

How to Apply?

Interested candidates can apply for the Merck Group Innovation Cup 2024 via this link.

Application Deadline

The application deadline for the 2024 Innovation Cup is January 31, 2024.

Location

The Innovation Cup summer camp takes place on 20-26 July 2024, near Frankfurt, Germany. Your travel, accommodation, and food expenses are paid for by Merck.

Click here to view the official notification of the Merck Group Innovation Cup 2024.