Feasibility
While we applaud imaginative thinking, your idea needs to also be a realistic proposal that makes the most innovative use of our materials and technologies.
The Composite Engineering Challenge is for all entrepreneurs and innovators globally. We invited startups, scale-ups who are looking to ramp up production and need the right combination of materials, design and production technology.
Thanks to all participants for sharing many innovative ideas!
Congratulations to the WINNERS!
Discover more on our LinkedIn page.
Growth Garage is the Business Incubator from the Advanced Materials Division of Mitsubishi Chemical Group (MCG).
Our mission is to support, develop and grow new ideas with our expertise, network, technologies and advanced engineering materials to help tackle some of today’s most significant engineering challenges.
WHAT ARE WE LOOKING FOR?
We are inviting innovators, entrepreneurs and early adopters at universities, (pre-) startups and scaleups that need fiber reinforced composites to realize their prototype, part, product or application. We support you with our expertise and network to find the right fiber reinforced composite material, design and manufacturing process to grow your business.
We welcome projects, programs and companies in the field of: new mobility (EV, e-motor, battery casing, etc.), autonomous (delivery) vehicles, people movers, robotics, aerospace, space, bicycles, UAV, AAV, bionics (wheelchairs, exoskeletons, prosthetics), alternative energy (production, storage, transport), self-sensing or self-healing, sport & leisure, alternative (low carbon footprint) fibers,…
Our broad fiber (carbon, glass, etc.) reinforced composite toolbox (material, prototyping, design, simulation, manufacturing) and services are to your disposal.
WHAT ARE YOUR AMBITIONS?
The winning teams of the challenge are invited to participate in Growth Garage Incubator program. A partnership tailored to their needs according to their current business and product development stage.Guidance in material / technology selection
Profile - Innovators, entrepreneurs and early adopters at universities, institutes, (pre-) startups and scaleups that have the ambition to realize their big ideas and need the support and collaboration of a professional partner.
Early stage – Produce an early stage prototype for initial (customer) testing to generate proof-of-concept.
Intermediate stage – Prototype testing ongoing and considering small series production with the right material/design/manufacturing combination.
Advanced stage – Ready to scale and assessing the right material/manufacturing/design combination to ensure reproducible, medium/high volume and cost effective production.
The Webinar, hosted by Tim Vorage gives insights about:
1) The Business Incubator Growth Garage
2) The Composites Engineering Challenge
3) How you can benefit from submitting to the Challenge
These are the main criteria each jury member focus on when judging each submission. All ideas are objectively analyzed and carefully considered.
Feasibility
While we applaud imaginative thinking, your idea needs to also be a realistic proposal that makes the most innovative use of our materials and technologies.
Scalability
We're looking for fresh ideas from entrepreneurial businesses that are ready to scale up but may still need some support.
Circularity
Our commitment towards circular economy means that every entry will be judged on how much of a positive impact it can make on the environment.
Challenge Winner
Valued at 25,000 USD
As the winning team you will enter into a partnership with Growth Garage, to develop your product or part in a way that enables you to scale the production whatever stage of production you're in. This includes but is not limited to:
Hands-on Support
Access to resources
but also
Innovation Award Winner
Prize : Valued at 10,000 USD
As the Innovation Winner you will be awarded for the most impactful, differentiated, innovative idea. The winning team will receive mentoring and support from Mitsubishi Chemical Group engineers and business leaders to further develop the product or part with a view to scale the project.
The Innovation Award includes:
Hands-on Support
Access to resources
but also
Wevolver Community Winner
Honorable recognition
Wevolver is a community providing millions of engineers inspiring, informative content through a number of web and social channels.
Wevolver empowers people to create and innovate. They provide access to engineering knowledge that can help engineers develop meaningful products.
How does the Wevolver Community decides on the challenge winner :
The Wevolver Community vote is decided through a public poll of the finalists. The voting opens after the finalists are announced and runs from Jan 2- Jan 9. The winner is the entry with the highest number of votes.
The winner will receive an honorable mention at the awards ceremony and be brought to the attention of senior management of Mitsubishi Chemical Group and the Venture group of Mitsubishi Chemical Group. Further, the Wevolver Community winner will be interviewed for an article published on Growth Garage and Wevolver.
Launchdate: 24 October 2022
Early Bird Closure : 30 November 2022
Challenge Closure: 22 January 2023
Finalists Announced: 1 February 2023
Winners Announced: 21 February 2023
The challenge is open to any business, research team or project team currently working on a product or part manufactured from composites that have the ambition to ramp up their production.
You may currently be in prototype or small series production using a low quantity production process and are facing challenges in scaling up your production – this is the opportunity for you. Read all details in the ENTRY PACK.
All submissions will be judged according to 3 categories:
- Feasibility (technical and commercial)
- Scalability (manufacturing and team)
- Sustainability
To better understand if this challenge is for you we have compiled an Entry Pack that goes deeper into the requirements of the challenge, provides entry checklists to ensure a strong submission as well as feedback and tips from previous challenge winners.
Are you unsure about your project? Do you think your project is too small? You don't know if your project fits into this Challenge? You have some unanswered questions? Well don't hesitate and let's get in touch. We're here to help, guide and support you. Send us a short message on growthgarage@mcam.com and indicate what fits you best : a call or a feedback mail or ..... just name it! Guaranteed response in 24h!
Author : Laura Tripaldi (Wevolver.com)
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