Morgan Innovation and Technology Prize

MIAT have been helping innovators and inventors to bring new ideas and products to market for 31 years.

We are proud to be supporting our customer Morgan Innovation and Technology (MIAT) with the promotion and judging of their MIAT Prize.

Morgan Innovation and Technology Prize

Overview

To celebrate their 31st anniversary, Morgan Innovation & Technology are once again running the MIAT Prize.

This year the MIAT Prize 2019 has been increased to £31,000 of R&D services, £5,000 of consultancy services and £5,000 of legal services to the product that the judges feel has the potential to make the biggest impact and will make best use of the prize to further their idea.

Winner to be announced in February 2019

Prize timetable
The Prize will be awarded in accordance with the following timetable:
 
1 September 2018 - Opening date for entries
 
2 December 2018 - Closing date for entries
 
December 2018 - Shortlisted entrants announced
 
February 2019 - Winner announced at award ceremony at Santander Head Office.
 
Entrance criteria

The Prize is open to any entrants who are over 18 and have a product or idea for a product that they are seeking to bring to market. Products at all stages of development will be considered. Entries must be made via the online application form by the published closing date of 2 December 2018.

Judging criteria

The Morgan Innovation & Technology judging panel will decide the winning entry based on the following criteria:

  1. Which product they believe will have the biggest potential impact – the impact could be commercial, social, educational or welfare related.
  2. Which product they feel will make best use of The Prize to further their product.

Shortlisted entries may be required to meet with the judging panel to answer questions and / or demonstrate their product.

General terms
  1. Only 1 entry allowed per product
  2. Entrants accept the judges' decision as final
  3. Entrants must be UK residents
  4. All entrants may be referenced in promotional materials and their contact details shared with our official partners
  5. All submission materials marked ‘confidential’ will be subject to our standard NDA
  6. The shortlisted entries may be required to attend a MIAT Prize giving ceremony in London in February 2019, date to be announced
  7. The £31,000 MIAT Prize will be in the form of a credit note for services from Morgan Innovation & Technology Ltd. The R&D services must be utilised by 31 December 2019 and the MIAT Prize has no cash value.
  8. Entries will close on 2 December 2018.

If you would like to find out more, please visit the MIAT Prize website.

Protecting your money - Financial Services Compensation Scheme (Opens in a new window)