Australia is calling for its brightest entrepreneurial minds to enter this years Global Impact Competition to win a scholarship to study at Silicon Valley’s renowned Singularity University.
The Global Impact Competition challenges innovators and entrepreneurs to develop an idea of a new product or service that can positively impact, make life better and increase happiness of one million Australians within three years.
Each project will be examined by a panel of judges based around the criteria of its unique use of technology, feasibility of implementation and ability to impact one million Australians. Singularity University Ambassador for Australia/Malaysia Dr Clarence Tan said, “There are many great challenges in Australia, whether they relate to water, energy, food or the environment, which means there are many opportunities to create a new product or service to make a difference”.
The winner will win a $30,000 scholarship to attend the Singularity University’s 10 week Graduate Studies Program 2013 at the NASA Ames Research Centre in the heart of Silicon Valley. The winner will also be able to connect with investors, funding bodies and mentors who are a part of the Singularity University network.
“The competition is a chance for one Australian to come up with an incredible idea, and get a chance to develop it in the best environment possible, among exceptional business leaders and academics from around the world,” Dr Tan said.
The competition is open to any Australian citizen over 18. Candidates should lodge their application online, with a 100 words abstract, a maximum of 10 presentation slides, and a video of up to three minutes outlining their ideas. Applications close on 10 April 2013 and the Singularity University course commences on 15 June 2013.
The second and third prize winners will receive mentorship and support services, worth over $16,000 in total from the Australian Institute for Commercialisation and the Gold Coast Innovation Centre.
For more information, and to enter the competition, click here.