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Comeptition name:
IBIC
Type:
Business plant competition
Name of institution:
Intel Berytech Innovation Challenge
Type of financial institution:
Caisse
Type of financing:
Other
Funding amount:
Less than USD 50K
Funding for:
Recent graduates and young entrepreneurs (less than 35)
 
Maturity stage of
target companies:
Concept
Location:
the winning projects will participte in the Intel Levant BPC 2012 in Jordan
Focus industry:
technology
Date last modified:
2012-07-23 00:00:00
Deadline for application:
2012-07-25
Description of financial services:

The Intel Berytech Innovation Challenge (IBIC), is a program established by Intel and Berytech, to enable Young entrepreneurs to participate in the Intel Levant Business Plan competition,  part of Intel Global Challenge, a worldwide Intel and UC Berkeley competition, targeting university students, graduates and young entrepreneurs, who present innovative technology business plans.

Description of the competition and any conditions for eligibility:
  • Three winning projects will have the chance to participate at the Intel Levant BPC 2012 that will take place in Jordan in September 2012 and will get the following opportunities:
  • 4 days event fully supported by Intel.
  • Key meetings with specialists from Intel and UC Berkeley.
  • Mentoring session in preparation for the final competition event, at Berkeley.
  • The winning project at Intel Levant BPC will be fully sponsored by Intel to participate in Intel Global Challenge finals, that will be held in UC Berkeley during November 2012 offering the following:

- 1 grand prize: $50K

- 3 first prizes: $15k

- 1 people choice: $5K

  • The winning project will benefit from an incubation program, offered by Berytech, to get the right support for development.
Description of other services:

Conditions and Eligibility

Participants can be university students, recent graduates (less than 4 years) and young entrepreneurs (less than 35), forming a team of up to 2 members, presenting innovative business plans in the field of technology, in the following major tracks:

  • New Tech Users and Uses- Any Business model innovation ( any use of existing technology to create a new value, attracting new tech users or uses)
  • Computing 2020 – Technology Innovation ( any new technology, IP, new devices etc …)
  • Social Innovation- Any ventures that has a social and business impact ( energy, Heath care, bio tech, water etc)
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