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MOF Technologies has been shortlisted as a finalist in the Royal Society of Chemistry’s Emerging Technologies Competition 2014.
Chief Executive, Dr Paschal McCloskey, and Chief Technology Officer, Professor Stuart James, will attend the competition final at the Royal Society of Chemistry’s London headquarters on Piccadilly on 25 June – where they will pitch their research ‘Dragon’s Den’ style to commercial experts from renowned scientific multinational companies.
They will battle against 19 other teams to win the top prize of one-to-one mentoring from the competition’s multinational partners and £10,000 prize money – to be presented to the winners by the BBC’s ‘Dragon’s Den’ judge, Richard Farleigh.
On being selected as an Emerging Technologies finalist, Dr McCloskey said: “It is an honour to be chosen as a finalist in the 2014 Emerging Technologies competition in a field of such exciting technologies and highly innovative companies. This competition gives MOF Technologies a prestigious platform to demonstrate the potential of MOFs to transform the transport, gas storage and medical industries in the years to come.”
Dr Aurora Antemir, the Royal Society of Chemistry’s industry programme manager said: “The process of translating a scientific innovation into a product or service that creates value, or that customers will pay for, is difficult.
“The Royal Society of Chemistry recognises the potential of innovators in the chemical sciences to contribute to economic growth in the UK. But we also recognise that it’s really hard for innovators to make that jump from the lab bench to market because they don’t have the commercial know-how.
“That’s why we set up the Emerging Technologies Competition – to connect the brightest ideas in the chemical sciences with commercial expertise in large multinational companies and to the right business networks to make technologies that have big potential more investment-ready.”
As well as mentoring and cash prizes, the Emerging Technologies Competition winners will benefit from a package of free advertising and access to investor networks.
The Emerging Technologies competition is organised by the Royal Society of Chemistry (the world’s leading chemistry community) to identify and showcase the latest technologies in the chemical sciences with significant potential impact factor for the UK economy.
Royal Society of Chemistry Emerging Technologies