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Opportunity Desk
Home»Awards»Ericsson Innovation Awards 2017 (up to EUR 36,000 cash prize)

Ericsson Innovation Awards 2017 (up to EUR 36,000 cash prize)

Opportunity DeskFebruary 28, 20174 Mins Read
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Deadline March 14, 2017

This year’s competition theme is the FUTURE OF FOOD and is based on The UN Sustainable Development Goal 2: Zero Hunger and Goal 12: Ensure sustainable consumption and production patterns.By 2050, the global population is expected to reach 9.6 billion. Ensuring that food production and consumption is sufficient and sustainable is a major challenge, but also an opportunity to improve lives and the health of our planet. Ericsson has seen at first-hand how ICT can impact the world for the better,this has given impetus to a call for ideas that can be a part of this development.

Prize

  • First prize: EUR 25,000
  • Second prize: EUR 10,000
  • Third prize: EUR 1,000

All finalists and semi-finalists will also be given the opportunity to be interviewed for a possible internship or position at Ericsson.

Eligibility

To be eligible to be part of a team participating in the student category – such person (“student”) shall:

  •  be a student of higher vocational and academic studies;
  • register himself/herself for the contest by completing and submitting a team application form.
  • be part of a team consisting of 2-4 students.

Ericsson Innovation Awards is open for all students. All you need is an idea to improve the future of food. First of all 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, bachelors, masters or doctorate degree on or after May 1, 2017.

Application Process

  • Begin application here.

Follow these steps throughout the competition for successful team registration and project submissions.

  • Register a team and submit your idea(deadline March 14, 2017)
  • Verify a problem and find a solution (deadline March 14, 2017)
  • Describe the problem you see (Maximum 300 characters)
  • Present your solution (innovation) to the problem (Maximum 500 characters)
  • Business plan of your innovation (Maximum 450 words in Word or PDF doc)
  • Product / service description (Maximum 450 in Words word or PDF doc)

Stage 2 – The semi-finals (April 3 – April 28, 2016)

  • During the co-development process the ten semi-finalists will continue to develop their ideas. They will get expert feedback from Ericsson employees. Together they develop the concept and create a Minimum Viable Product.

Stage 3- The finals

  • All 4 finalist teams will be flown in to Ericsson headquarters in Stockholm for HR interviews and a final award ceremony event. The event will be broadcasted for all participants to watch.

The competition is conducted in the stages as specified above. All text in the submissions must be in English and submissions in any other language will automatically be excluded from the competition.

Evaluation criteria & Process

  • How well the innovation addresses the theme – The future of food.
  • The impact the innovation has on a sustainable level and on social responsibility issues.
  • 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; 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 get to market, explained in a constructive and concise manner.
  • How easy it is for the potential customers to deploy, considering 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 taken to the next level in the form of a Lite-Prototype or Minimum Viable Product (MVP) in the semi-final process?                                                                                                                                                                                   After each submission deadline, only the submissions that are chosen for the next stage will remain in the competition.

For more information, visit Ericsson Innovation Awards

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