Valeo Innovation Challenge Contest

Deadline: 14 February 2014
Open to: The contest is open to students from engineering, technical and science schools and universities worldwide
Prize: The winning team will receive a grant of €100,000.

Description

To coincide with the 2013 Frankfurt Motor Show, Valeo is inviting students from engineering, technical and science schools and universities from around the world to take an active role in automotive innovation by designing equipment that will help build smarter and more intuitive cars by 2030. Students from engineering, technical and science schools and universities will have the opportunity to develop daring and revolutionary solutions for the future.

The contest’s purpose is to recognize an innovative automotive equipment project designed by students from around the world.

Projects will be judged based on the following criteria:

  • The idea’s boldness, originality and innovation
  • Importance and relevance of the challenge addressed and inclusion of social needs
  • Presentation value of the submission
  • Mastery of required technical aspects
  • Demonstration of feasibility of the project through the mock-up

Eligibility:

The contest is open to students from engineering, technical and science schools and universities worldwide. Submissions are limited to one per person (same name and same e-mail address). Teams may be multidisciplinary in nature and include a designer, sociologist, philosopher, urban planner, architect, biologist, etc. Participants must have permission to travel outside their country of residence. They must also have as at September 2014 a passport that is valid for at least six months beyond the awards ceremony (October 2014).

The following individuals are not eligible for the contest:

  • Employees of the organizer, its subsidiaries, parents, or any company managed by the same parent, and their childrens.
  • Individuals involved in organizing or coordinating the contest and their children.
  • Individuals with a conflict of interests.

Prizes:

The 20 teams selected in Phase 2 (developing a mock-up) will each receive a sum of five thousand euros (€5,000) to develop their idea and build a functioning mock-up (physical equipment, software, etc.). This sum will be distributed by bank transfer to each team leader before April 30th, 2014. The organizer will handle all travel arrangements to Paris for all members of the three finalist teams, including roundtrip airfare and hotel stays. This does not including meals, beverages, travel insurance, personal expenses, trips and entertainment not provided by the organizer, which remain the full responsibility of each finalist. The winning team will receive a grant of €100,000. 

How to enter?

Complete information about the contest as well as the online application form can be found HERE. Entries may be submitted beginning Wednesday, September 11, 2013 and must be received by 8:00 pm CET on Friday, February 14, 2014. The awards ceremony will take place in October 2014 during the Paris Motor Show. Participants are required to register under their legal identity. The organizer reserves the right to verify this identity as deemed necessary. Participants must create teams of two to five people maximum. No changes to team composition will be permitted once it is submitted. All entry submissions must be written in English.

You can check the FAQ section here

Participants may address any questions to:
[email protected]

For more information please visit the official website.

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