Opinions wanted as conversation opens on incentivising innovation

11 April 2014

UCL Advances is seeking the opinions of UCL students and staff from across Europe on how to incentivise world-changing technological innovation throughout the EU.

UCL Advances

UCL’s centre for entrepreneurship is working with NESTA – the National Endowment for Science, Technology and the Arts – to design a series of challenge prizes which will spur Europe’s research community, entrepreneurs and businesses to innovate to overcome some of the biggest challenges of the century.

As part of the project, the division is seeking a wide range of opinions – from staff and students at UCL to industry, civil society and decision makers – on how to incentivise innovation across health, transport, energy, creative materials and the bio-economy.

Opinions and comments will feed into the design of EU challenge prizes which will run from 2015 as part of the European Commission’s Horizon 2020 programme.

“It’s an honour that UCL Advances has been recognised as an ideal partner to lead this project to accelerate innovation in Europe,” said Timothy Barnes, Director of UCL Advances.

“Just like the X-Prize has accelerated prize-sector space transport and exploration, we want to develop similar prizes which will accelerate technological solutions to some of the most pressing challenges we face.

“This is the chance for people across the UCL community to have a real impact on the potential direction of innovation in Europe at a defining moment. I’d urge everyone who’s interested to get involved in the discussion.”

More information and details of how to contribute to the conversation can be found by contacting Timothy Barnes at t.barnes@ucl.ac.uk