Seeking innovative, sustainable solutions to mitigate the rising tide of diabetes
The Healthcare Innovation World Cup seeks all novel ideas with real-world potential to address needs in the prevention, early diagnosis and management of diabetes – particularly type 2 diabetes – worldwide. Please note: Applications must not involve drug/pharmacological treatments or any other treatments requiring surgical or medical interventions. Applications must not contain any unlawful, threatening, abusive, harassing, defamatory, libellous, deceptive, fraudulent, tortious, obscene, offensive, or profane content.
Concepts may be tailored to meet challenges in developing countries, in mature markets, or both. Plus, solutions may take many forms, from patient-oriented mobile health (mHealth) applications to novel diagnostic tests to new approaches to care delivery and beyond.
Judges will analyze and score these diverse entries based on a common set of weighted criteria focused on the solution’s impact on diabetes care, the sustainability of the business model, the strengths of the management team, and the engagement of the participants during the competition.
- 1) Impact: Winning entries will demonstrate an ability to effectively solve an unmet need in diabetes care, with an emphasis on type 2 diabetes (30 percent of total score). The entry should:
- a. Define the target population(s) who will utilize the solution. This may include individuals living with type 2 diabetes anywhere in the world, caregivers, family members, healthcare professionals, or others.
- b. Explain the type 2 diabetes-related unmet need and its significance to the target population and related stakeholders.
- c. Show how the solution or idea will fulfill or mitigate the unmet need. Concepts should focus on preventing type 2 diabetes, promoting early diagnosis, enhancing patient outcomes, lowering healthcare costs without compromising quality, and/or making the management of diabetes more efficient.
- 2) Innovation: Proposals must delineate how the solution differs from current practice or services and technology available in the healthcare or consumer markets (20 percent of total score). Entries should:
- a. Describe what makes the concept different from existing offerings.
- b. Highlight the novelty of the solution, such as the use of new technology or practice or unique and creative applications of existing technology or protocols.
- 3) Sustainability: Submissions must provide evidence that the solution can be delivered to the marketplace in a sustainable business model (25 percent of total score). Entries should:
- a. Identify funding or revenue sources.
- b. Estimate costs for operations, production, and other expenses.
- c. Demonstrate that the concept can be feasibly scaled from a prototype to broad distribution within the target population.
- 4) Feasibility: Entrants (as individuals or teams up to three people) should demonstrate that the concept is feasible and show that they have the background and skills necessary to execute their business plan (20 percent of total score). If the team reaches the semifinal and final levels, feasibility will ideally be demonstrated with a prototype or other proof-of-concept. Entries should:
- a. Describe the technology or processes behind the solution.
- b. Describe how the strengths of each entrant would support the process of bringing the concept to the marketplace.
- c. Include background details such as education, professional experience, leadership abilities, and technological capabilities, in addition to other potential attributes.
- 5) Engagement: Over the course of the competition, participants will receive points for sharing information about the Healthcare Innovation World Cup with their communities via social media and referring others to enter the competition (5 percent of total score). Specifically, submissions may receive a maximum of 15 points for performing the following actions:
- a. Like us on Facebook @healthcareinnovationworldcup.com (1 point)
- b. Follow us on Twitter @HCIWC (1 point)
- c. Share us with your friends on Facebook by mentioning @healthcareinnovationworldcup.
- d. Share us on Twitter by mentioning @HCIWC with #Team[TeamName]. For example HITLAB would use #TeamHITLAB.