Up to 10 Semi-Finalists
Applicants chosen after the first-stage screening (up to 10) will receive an estimated prize of $25,000 to further develop their prototypes.
Up to 5 Finalists
Applicants chosen after the second-stage screening (selected from the semi-finalists) will receive an estimated prize of $100,000 to pilot their prototypes.
Grand Prize Winner
The grand prize winner will receive an estimated prize of $1,000,000 to further develop and build their product.
Applicants are encouraged to solicit additional funds from other resources.