UCF Tech Innovation Competition: Showcase Your Inventions and Win Cash Prizes!
Imagine. Invent. Ignite!
Overview
UCF’s Tech Innovation Competition is designed to challenge, inspire, and celebrate inventors and innovators across our campus who harness the potential of emerging technologies to address real-world challenges. Whether you're passionate about sustainable solutions, artificial intelligence advancements, digital health or other tech frontiers, we encourage you to showcase your proposals for better, faster and/or cheaper solutions to important problems. You can make things better while you earn fame and fortune! Be the spark that ignites change!
What is Tech Innovation?
Technological innovation refers to the process of developing and realizing new or significantly improved products, services or processes that leverage emerging technologies to address specific challenges, enhance efficiency or improve quality of life. Innovations may represent improvements to existing products or processes, or entirely new solutions that could create new markets. This competition challenges UCF students to present innovative technological solutions that are not only novel but also desirable, feasible, sustainable and impactful. It also asks contestants to consider entrepreneurial challenges associated with delivering these solutions to consumer, business or government markets. We welcome ALL students from ALL disciplines to participate in this important innovation and entrepreneurship showcase event.
However, innovations do not create value unless they can be shared with others. To realize the potential of your solution, you must also describe how you intend to deliver it to others, who you intend to deliver it to, and revenue you intend to earn to pay for creating and providing your solution. Technology ventures may earn revenue by selling their innovations to consumers, businesses or governmental agencies. Alternatively, they may monetize their intellectual property through licensing agreements, patent royalties or by forming strategic partnerships with established companies. Thus, this competition requires consideration of who solutions will be delivered to and how revenue needed to sustain those deliveries can be earned. Thus, in addition to describing a solution to a problem, this competition asks you to consider how you will provide that solution to those who would benefit from your vision.
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