Could you do with £31,000 of expert help to get your invention to market? The Morgan Innovation Prize 2019 is open for entries.
The judges are searching for innovators who believe their ideas will have a positive global impact by dramatically improving lives.
The prize is run by Morgan Innovation and Technology, an inventions company based in Petersfield, Hampshire, with 31 years of experience in designing, developing and manufacturing brilliant ideas.
The winner will receive research and development (R&D), production and marketing help to the value of £31,000 from Morgan IAT’s specialist team.
“We know from our own experiences that practical help and support can often be more valuable to an early-stage inventor than cash, so we decided the prize should be made up of R&D and manufacturing services to ensure we deliver a tangible benefit to the winner,” said CEO Nigel Clarke.
Bringing great ideas to market
Morgan IAT has a real passion for innovation and a strong desire to be an enabler in bridging the gap between inventors having a great idea and being able to bring it to market.
The prize was launched in 2017/18 to celebrate Morgan IAT’s 30th anniversary and received 87 fantastic entries.
Last year’s winner Arslan Khalid is currently working with the team on his life-changing invention to detect disease by using a smartphone to profile a single droplet of blood.
Jon Bentley of the Gadget Show will be returning as a judge for the MIAT Prize 2019, along with business experts from Santander, solicitors Moore Blatch, Menzies accountants and East Hampshire District Council. Morgan IAT chairman Sue Clarke and Design Engineer Rajiv Linge will also be judges.
Creating visionary products
Bentley said: “I’m excited to help judge an award that fosters innovation and harnesses creativity to generate ground-breaking visionary products.”
Morgan IAT invests 20 per cent of turnover every year into helping inventors turn their ideas into reality. It has a first-class record in the medical, defence and commercial industries and won The Queen’s Award for Enterprise in International Trade in 2011 and 2016. Its prize-winning Salurate test for pre-eclampsia is out to user trials overseas.
To enter the MIAT Prize for the chance to win £31,000 worth of R&D visit http://www.miatprize.co.uk/. Entry is free and open until 11 November. The MIAT Prize will be awarded to the entry which satisfies the judging panel that it has real commercial potential to change people’s lives for the better. Entrants must be UK residents.