Innovation Challenge contest to open Jan. 1
By Cody Konieczki
DEC. 17 – The Innovation Challenge is back again this spring; that means a chance to win cash prizes for innovative ideas.
Trine University’s Innovation One is calling attention to the Innovation Challenge presented by Fifth Third Bank to find the best ideas and concepts for business and technology. A panel of judges will select finalists who will present their ideas in April. The winners will be publicly announced, that means cash prizes and bragging rights.
In 2013, Fifth Third Bank (Central and Northeast Indiana) started supporting the five-year challenge with a $100,000 gift for awards and scholarships. The contest, which was introduced in 2013 as well, is open to students of Trine and residents in the greater tri-state area.
For the technology category, participants are encouraged to think about technological inventions or advances. Participants who enter in the business category should focus on a new business idea or service. Cash prizes will be awarded for first through third place in both categories. First place is worth $2,500, with $1,000 for second and $500 for third. Prizes will also be given for best high school idea, best community idea and best university idea. The cash prizes are unrestricted, so the winners are allowed to spend the money however they want.
It is free to enter the Innovation Challenge and there are no age restrictions. Don’t wait, start today by completing the application and submitting by March 7. Full project submission will be accepted from Jan. 1 to March 7, 2016. The top 10 ideas will be showcased by the creators at the expo April 22 in the Fabiani Theatre, located in the Rick L. and Vicki L. James University Center mall. The top three winners in each category will be announced and awarded that evening as well.