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Prizes

FAQ

Prize Structure

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

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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.