Students from all walks of life may now take part thanks to the creation of a new category, ‘new ways of using cars’, which is aimed at bringing disruptive ideas to light.
Engineering students can still apply as usual in the ‘technical innovation’ category, which has existed since the project’s inception.
Students wishing to develop a product or a system are invited to register in the ‘technical innovation’ category, whereas those with an innovative idea, application or business model for the car of the future can take part via the ‘new ways of using cars’ category.
The winning team in each category will take home a grand prize of €100,000 and the second-place team in each category will receive €10,000.
Students have until January 15, 2016 to sign up on the contest’s dedicated website, form a team of two to five people and submit the first draft of their project.
After reviewing the projects, Valeo will announce the 24 teams shortlisted for the semi-finals (12 for each category) on March 18, 2016.
|September 29, 2015–January 15, 2016||Teams formed and projects submitted|
|March 18, 2016||24 semi-finalist teams announced|
|March 18, 2016–July 23, 2016||Teams each given €5,000 to develop their project|
|September 23, 2016||Eight finalist teams announced|
|October 2016||Projects presented to the panel and winners announced|
Valeo say the disruptive innovations that will shape the car of tomorrow could take the form of new technologies as well as innovative ideas associated with new ways of using cars.
For more information about contest and to register, select ‘More Details’ below.