Friday, October 24, 2014

Yon can winn €100,000 -As Valeo Innovation Challenge 2015 opens for registration!


Students from around the world can now register for the Valeo Innovation Challenge 2015! It’s your turn to put your creativity, skills and determination to work by designing a product or system that will make the car of the future smarter and more intuitive. €100,000 is up for grabs so surprise us with your boldness, innovation and originality!

An opportunity to flex your innovation muscles

Over 3,000 students from 55 countries around the world participated in the 2014 edition of this global student competition. Their ideas ranged from increasing safety to reducing CO2 emissions to improving the driving experience.

For the 7 finalist teams, creating a prototype of their innovative idea was an “awesome” experience. The prize money was a nice incentive, but for most, the challenge was mainly an opportunity to challenge oneself and the team to push their idea to the next level. “The real prize for us was working on this together for almost a year and really putting everything we could into making our idea a reality,” Jasprit Gill of Team CU-ICAR says.

What you need to know to sign up
Interested in participating in this international student innovation challenge? First, create a team of 2 to 5 students from any discipline and register here. Once you’ve come up with a technology to improve the car of the future, you’ll need to write a 1- to 6-page project description (photos and diagrams are permitted too!) in English and submit it by 12 noon CET on February 2, 2015. You’ll be judged on the following:

• Boldness, innovation and originality (50%)
• Importance and relevance of the problem addressed and consideration of social needs (20%)
• Presentation quality of the submission (10%)
• Technical proficiency (10%)
• Feasibility of the prototype (10%)


Industry experts will then review each proposal. On April 1, 2015, we’ll announce 20 qualifying teams. Each of these 20 teams will receive €5,000 to build a working prototype of their project. The finalists will present their projects to a jury of Valeo experts and outside partners at the 2015 Frankfurt Auto Show. The best part? The winning team will take home €100,000! (Second and third place teams will each receive €10,000.)

To register, visit https://valeoinnovationchallenge.valeo.com/

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