1. YOUR APPLICATION

This year, we are honoring startups that are committed to transforming the healthcare & medical industry for a better life. We are awarding successful technical innovations in the healthcare industry.
We are looking for entrepreneurs from the medical research, MedTech, Pharma, BioTech, Digital Health and E Health sectors who are using technology to improve processes, procedures, automation and diagnostics or interfaces across the lifecycle.

Take advantage of the opportunity to present your ideas to a prominent jury and a high-caliber audience and network with thought leaders from the medical life tech sector as well as valuable business contacts.

2. THE EVALUATION CRITERIA

NOVELTY

We are looking for innovations that revolutionize existing solutions or provide entirely new ones, and have the potential to fundamentally change markets in a lasting way.

SCALABILITY

We are looking for start-ups whose innovations or results show significant growth potential, whose business models are scalable and have a broad range of use cases.

IMPACT

We honor results that have already been piloted at a customer and have led to increased efficiency, cost reductions, quality or customer satisfaction improvements. Your product should at least exist as a verifiable proof of concept.

3. DETERMINATION OF FINALISTS AND WINNERS

1. Screening

During the pre-screening, we check whether all applications meet our conditions of participation. In addition, an initial assessment  along the three evaluation criteria of novelty, scalability and impact is made. All valid applications are admitted to the 2nd evaluation phase, the nomination.

2. Nomination

In the nomination phase, two external topic experts, the Handelsblatt editorial team and a representative of McKinsey evaluate the applications. Again, the three evaluation criteria are applied, yielding a shortlist of ten finalists.

3. Online Voting

The online community votes for the 10 finalists. The voting results will be included in the jury’s decision. For the online voting, the finalists are asked to submit a short pitch video.

4. Jury Meeting

During the jury meeting on 12.09.2022 in Düsseldorf, all finalists will present their innovation to the jury members on site. Subsequently, the finalists will be judged by the jury members on the basis of the evaluation criteria. Each jury member has one vote and creates a personal ranking of the finalists.

4. ANNOUNCEMENT OF THE WINNERS

On September 29, 2022, the winners will be honored in Berlin at a glamorous award ceremony in front of an expert audience. All 10 finalists will present their ideas and concepts live on stage. During the after-show party, all finalists will have the opportunity to network with invited C-level guests. In addition to The Spark Award, the Female Founder Award will also be presented to an inspiring female founder. We have embedded the video of the 2021 award ceremony for you again here.


Here, you can also find out more about The Spark of the last years.