The MDX+PSU+US Innovation Challenge will involve up to 10 teams of 6 students each. Two students from MDX (Middlesex Uni. – London), two students from Penn State, and two students from University of Split (Croatia). Teams will have approximately five weeks, between mid-Oct. and Nov. 17 during Global Entrepreneurship Week to accomplish the following:
1) Get to know your international teammates
2) Review the four Innovation Challenge categories and define a problem, need or “pain” that the team wants to work on: green technology, social entrepreneurship, “in-the-home” and
3) Develop a solution concept and validate it as far as you can in the time allotted
4) Prepare a final presentation (format and guidelines TBD)
Awards will be provided to the top teams, with award ceremony, on Tuesday Nov. 17 during Global Entrepreneurship Week. Penn State students on the first-place team will be awarded $1000 each to support travel to an entrepreneurship workshop held between Jan. 1 – Aug. 31, 2016.
The application must be submitted before 11:59 p.m. on Saturday Oct. 10, 2015.
A PSU review panel will select 20 students to represent Penn State in the MDX+PSU +US Innovation Challenge by reviewing applicants answers to five short questions (250 words or less).