2nd ANNUAL INVENTION AND CREATIVITY COMPETITION

2/20/2012

After its successful debut in 2011, it is a pleasure to announce the return of the L.C. Smith Invention and Creativity Competition, a contest to encourage engineering students to apply their training and skills to create novel, commerciable product ideas. This year, in the interest of fostering closer collaboration with aspiring entrepreneurs throughout the university community, the Invention and Creativity Competition will be held alongside the Raymond von Dran IDEA Awards Competition. Both competitions will have final presentations at the Emerging Talk conference on March 29th and 30th, allowing engineering students, management students, and others in the university and business community to connect and collaborate for even bolder product and business ideas in the future. Whereas the RvD awards focus on business planning, the L.C. Smith Invention and Creativity Competition focuses on product development, with $15,000 in prize funding available to allow student teams to bring their products to life and to market. This contest also represents an opportunity for engineering students from all disciplines to work together, apply the expertise they’ve been developing individually here at Syracuse University, and build something remarkable together.

COMPETITION OVERVIEW
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Encourage the entrepreneurial pursuit of innovative and creative technologies in the L.C. Smith College of Engineering and Computer Science.

Students will have the opportunity to work with local venture capitalists or experienced technology entrepreneurs, and compete for prizes and prototype funding totaling over $15,000.

This year, the competition will be held in collaboration with the Raymond von Dran IDEA Award competition, for which entrants are also eligible. Please visit and apply through http://idea.syr.edu.


COMPETITION REQUIREMENTS
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  • February 24th – Apply online through http://idea.syr.edu checking the LCS Invention and Creativity option. You are also eligible to entire an appropriate RvD Award competition. At this point, you are required to list team members and describe your idea in 150 words or less.
  • March 30th – Teams will present a poster and oral presentation at the Emerging Talks Conference.
  • April 20th – Funded teams must provide a written development plan and schedule before funds are released.

PRIZES AND PROTOTYPE FUNDING
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  • Four Prizes ($300 each): 
  • Project “most likely to succeed”
  • Most creative
  • Greatest potential impact on sustainability
  • Best presentation
  • Prototype Funding: 
  • LCS funds - $15,000 available in $3000 prizes, awarded to teams to build a prototype over the upcoming year. The allocation of funds is contingent upon submission of a development plan after the competition and development may proceed independently or as part of senior design projects in the upcoming year.

PARTICIPATION RULES

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  • Competition can be entered as an individual or as a team of students.
  • Teams can have non-engineering student participation but must have at least one member enrolled in LC Smith.
  • Teams can include undergraduate students, graduate students, post-doctorial fellows, or a combination.
     

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FURTHER INFORMATION


Please send any questions you may have to andarlin@syr.edu.



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