Call for Companies to apply the Qualcomm Ventures Annual QPrize : Deadline to submit Aug 14, 2016Aug. 14, 2016
Qualcomm Ventures Annual QPrize Competition
to Fund the World’s Next Innovative and Disruptive Startups!
The Israeli Winner to Secure US$250,000 seed funding.
Submissions due by August 14, 2016
QPrize is a global competition spanning across regions where Qualcomm Ventures has a presence, including China, Europe, India, Israel, Korea, Latin America and North America.
The competition aims to identify and provide seed funding into early-stage companies with unique and promising wireless technologies, including areas such as virtual reality, robotics, Internet of Things (IoT), cloud and wireless health. One finalist from each participating region will be awarded up to US$250,000 in convertible note financing from Qualcomm as seed funding.
QPrize has been a major catalyst for the Israeli startups who have gone through the program. Out of the five Israel QPrize competitions that have completed, two of the Israel winners have gone on to experience successful exits.
The deadline to submit business plans is August 14, 2016.
Upon receipt of entries, Qualcomm Ventures will select up to eight Israeli finalists. The chosen finalists will participate in the regional competition where each of the finalists will have the opportunity to showcase their technology in front of a panel. The panel will evaluate not only the merits of the technology innovation and its commercial potential, but also the company’s leadership capabilities and the attainability of the proposal’s financial projections.
To get additional details of the competition, rules and regulations, submission guidelines, and to submit your business plan, please visit www.qprize.com/israel.