Ericsson Innovation Awards, 2021 Global Students Competition – €25,000 Prize
Ericsson Innovation Awards 2021: Have you heard about the Ericsson Innovation Awards 2021 Global Students Competition, well here is your chance to win the €25,000 Competition Prize. See details below.
Ericsson Innovation Awards Competition is open for all students. All you need is an idea to improve the future of food. First, register your team and submit your idea on the submission page.
To qualify, your team must consist of two-four people, and all members should be current students, graduating with an associate, bachelor’s, master’s, or doctorate degree on or after May 1, 2021.
Ericsson is a multinational networking and telecommunications equipment and services company headquartered in Stockholm, Sweden
Ericsson Innovation Awards Requirements
- Team Requirements: all team members must be current University students who will not graduate before March 2021 (this covers students in all years and all disciplines)
- Ericsson Innovation Awards Competition is open for all students who are currently enrolled and pursuing an associate, undergraduate, post-graduate, or doctorate degree.
- All you need is an idea to improve the future of food in the spirit of the UN Sustainable Development Goal 12: Ensure sustainable consumption and production patterns or Goal 2: Zero Hunger.
- Firstly, register your team and submit your idea on the submission page.
- Your team needs to consist of two-four people, and all members should be currently enrolled, students.
Ericsson Innovation Awards Prize 2021
The cash prizes are just one motivation for developing and presenting your next big idea to the Ericsson Innovation Awards Competition; there are important career-enhancing incentives too.
- First prize: EUR 25,000
- Second prize: EUR 10,000
- Third prize: EUR 1,000
Judging Criteria – Ericsson Innovation Awards
The Ericsson jury will evaluate the submissions based on the following criteria:
- How well the innovation addresses the theme. The Future of Food
- The impact the innovation has on a sustainable level and in social responsibility areas.
- How well the team members have collaborated. Teams with members from different universities, main fields of study, backgrounds, and nationalities will have the edge in the jury process
- How global or local the innovation is; that is, does it solve a problem or improve a situation on a small or large scale?
- Potential revenue or cost reduction for the customer purchasing the innovation. The business case should verify these numbers.
- How easy it is to develop and how fast it can go to market, explained in a constructive and concise manner.
- How easy it is for the potential customers to deploy it, taking into account time, change of behavior, money. The benefits of the innovation (user or efficiency). What impact does the innovation have?
- Did the solution solve the problem in an innovative way?
- Has the innovation been lifted to the next level in the form of a Minimum Viable Product (MVP) in the semi-final process?
Ericsson Innovation Awards Timeline
- January 9 – March 14: Phase 1 – Register your team and submit your idea.
- March 22 – March 30: Ericsson jury evaluation.
- March 31: Semi-finalists announcement. 10 team announced to go to semi-finals and receive mentorship from Ericsson Experts.
- April 3 – April 28: Phase 2 – Collaboration and mentorship from Ericsson Experts to create a minimum viable product and submit to semi-finalist judging.
- April 28: Semi-finalists submissions due.
- May 12: Finalists announced.
- TBA June: Final presentations and awards event. Location to be announced.
How to Apply for Ericsson Innovation Competition
The mode of application is online, Interested and qualified candidates should:
Application Deadline: March 14, 2021.
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CSN Team.
