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FAQ3: What will the collaboration with the organizing company mean for the winner?

What are the terms of the collaboration if our team wins the Innovation Challenge? 

Once the winners of the Innovation Challenge are selected, the form of collaboration and IP agreements will be negotiated privately between the winning team(s) and the organizing company. The specifics of the collaboration may depend on the type of proposed ideas/solutions. Spinverse is a facilitator of the Innovation Challenge process and will not be part of the private discussions between the winner(s) and the organizing company.

Spinverse has facilitated multiple Innovation Challenges, in which the collaboration with the organizing companies has included joint piloting and proof of concepts. The details of these projects are confidential to the company organizing the challenge. However, you can read a recent public reference case of joint collaboration between Fingrid and Noiseless Acoustics here.

 

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FAQ2: How are Intellectual Property Rights handled?