Tuesday, January 07, 2014

Intel To Dish Out $1.3 Million To Inventors Who 'Make It Wearable'

Intel is making a major leap into the 'wearable computing' market and they are looking for developers to help them make it happen. In his CES keynote address, Intel CEO Brian Krzanich issued a challenge to the smartest and most creative minds to participate in the Intel "Make It Wearable" challenge (PDF).

Intel will award $1.3 million in cash awards to winners and will connect contenders with industry luminaries to help realize their ideas. Winners will create wearable devices that will help computing evolve to become ever more personal and connected. The inventors are encouraged to consider areas of importance for the proliferation of wearable devices and ubiquitous computing, such as meaningful usages, aesthetics, battery life, security and privacy.

 Guidelines for submissions are as follows:
  • The challenge will begin in summer 2014 and is open to individuals in selected countries to submit ideas via a website (makeit.intel.com) for new wearable products. 
  • Winners will be announced by January 2015 
  • The grand prize winner will receive US$500,000. The second and third place winners will receive $200,000 and S$100,000, respectively.
  • The ten finalists will receive $50,000 to help get their ideas off the ground Each will be provided with more than 70 hours of intensive mentoring over two months
  •  The product must be based on Intel technology and be a sensor or computing device that is attached, embedded or worn on the body. 
  • Categories include fashion, wellness, social, education, environment, security and healthcare. 
  • Judges and mentors will be luminaries in various fields related to wearables such as technology, entrepreneurship and design. 
Visit makeit.intel.com for more details, additional eligibility requirements and official rules, to be posted before submission opening.

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