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Innovative business plans from young entrepreneurs around the world will be on display next week as part of the Intel® Global Challenge. This competition is designed to motivate young entrepreneurs to develop promising technologies that solve real-world challenges, build viable business models, and move that technology out of university labs and into the market. The finalists consist of 26 teams, who are presenting business plans in areas such as computer science, wearable technology and 3-D printing.
As part of this competition, finalists will have the opportunity to meet with successful venture capitalists and hear from experts in entrepreneurship. In addition, the Intel Foundation will award $100,000 in cash prizes. The grand prize winning team will receive $50,000, three first prize winning teams will each receive $15,000, and a $5,000 social media prize will be awarded.
As part of this competition, finalists will have the opportunity to meet with successful venture capitalists and hear from experts in entrepreneurship. In addition, the Intel Foundation will award $100,000 in cash prizes. The grand prize winning team will receive $50,000, three first prize winning teams will each receive $15,000, and a $5,000 social media prize will be awarded.