Contest presented by Fifth Third Bank
seeks business, technology ideas
FEB. 19 – Don’t miss a chance to enter Trine University’s Innovation Challenge presented by Fifth Third Bank, Greater Indiana. It’s an opportunity to win cash prizes for a new idea or improved concept for business or for technology.
With a March 7 deadline, creative thinkers still have time to get into the contest. Anyone harboring a great idea for business or a technological invention is encouraged to enter. It’s difficult to go wrong because there’s no entry fee or age restrictions but there is a chance to win cash, advance the idea or concept, and meet other innovators and inventors.
“I hope inventors and entrepreneurs will take advantage of this chance to promote their ideas,” said Jason Blume, executive director of Innovation One. “The creativity and innovation of submissions have impressed the judges and me. We are eager to see additional ingenious ideas this year.”
For the technology category, participants are encouraged to think about technological inventions or advances while entries in the business category should focus on a new business idea or service. Cash prizes will be awarded for first through third place in each category. First place is worth $2,500, with $1,000 for second and $500 for third. Prizes will also be given for Best High School Entry, Best University Entry and Best Community Entry. Cash prizes are unrestricted so winners may use the money to advance their idea or invest it another way.
In 2013, Fifth Third Bank, Greater Indiana, began supporting the five-year challenge with a $100,000 gift for awards and scholarships. The contest debuted in 2014.
About Fifth Third Bank
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $134 billion in assets and operates 15 affiliates with 1,308 full-service Banking Centers, including 102 Bank Mart® locations, most open seven days a week, inside select grocery stores and 2,639 ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania, Missouri, Georgia and North Carolina. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Investment Advisors. Fifth Third also has a 22.8% interest in Vantiv Holding, LLC. Fifth Third is among the largest money managers in the Midwest and, as of September 30, 2014, had $303 billion in assets under care, of which it managed $26 billion for individuals, corporations and not-for-profit organizations. Investor information and press releases can be viewed at www.53.com. Fifth Third's common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB." Fifth Third Bank was established in 1858. Member FDIC. Subject to credit review and approval.