A Chance to Win €200,000 at The Valeo Innovation Challenge for ALL Students Worldwide 2018
Contest Offered: Innovation, Idea
Contest Level: Undergraduate, Postgraduate
Provider: Valeo
Country to Study in: Worldwide (and France)
Scholarship Description
Valeo has launched the 5th edition of its contest, the "Valeo Innovation Challenge 2018", which offers students from around the world the opportunity to become players in automotive innovation.
Valeo is offering young students worldwide the opportunity to make the car of 2030 and the way it's used more intelligent, intuitive, green and fun. Comprising teams of two to five people, students from any discipline can take part by presenting a relevant, innovative project in English. The aim is to stimulate the students’ creativity, enabling them to form multidisciplinary teams.
You must not have a scientific or technical qualification. The only condition is that you are a student and are a part of a University or Technical, or Scientific School when you register.
The competition is open to students who have completed high school and are now in higher education (e.g. university) in higher education from all disciplines and to the teachers, one per team.
Entrants must compete in teams made up of between two and a maximum of five people.
Teams can take part to the challenge by presenting a relevant, innovative project in English by submitting:
- mp4 video pitch (maximum 3 minutes) that explains the project in a clear, simple and audible way,
- accompanied by 5 slides describing the composition of the team; the problem identified; the existing or known solutions; the proposed technical solution; the target market and the business model.
- employees of the organizer, of any company that it controls, that controls it or that is under joint, control with it, and their children,
- people who have been involved in organizing the contest, and their children,
- people who have a conflict of interest (especially interns and apprentices still working for the company).
The constitution of the team shall only be considered definitive on completion of the registration phase. During this phase (From 15 November 2017 to 30 March 2018) it will be possible to change the members of the team as well as the project. Once this phase has been completed, no more changes will be accepted. If however a member decides to leave the team after this phase, the team cannot remain in the running if it has fewer than two members.
Eligible groups
Citizens of ALL countries worldwide
Fields of contest
The aim of the contest is to reward an innovative automobile-related project (technological innovation or idea for new ways of using cars) that is the product of students' imagination worldwide.
Scholarship benefits
At the end of the competition the sum of €200,000 will be shared, as decided by the Jury, between the three winning teams of the Challenge. In addition to their prize, they will be offered the opportunity to join Valeo’s business accelerator.
The 9 finalist teams will have 16 weeks to accelerate their project with the help of Valeo and external experts recognized for their experience and professional expertise, like scientists, designers, sociologists and architects.
9 teams will be selected to present their project in front of the Jury composed of Valeo's Top Management and other people from outside the company recognized for their experience and professional expertise: scientists, designers, sociologists, philosophers, business man.
Method of Application
The contest is open to students worldwide who have completed their high school education, with one entry per person (same name and same e-mail address). Contestants must be able to travel outside their country of residence and possess, by October 2018, a passport that is still valid for six months after the date scheduled for the prize giving (October 2018).
You will find the form to submit your project on your "participation space" or on the Guideline page. Upload your final document on your participation space and confirm your participation by clicking on the "submit your participation" button. A message on top of your page will pop up to confirm your submission. Please see the tutorial video here. You will be able to edit your participation until the deadline date (see below).
It is important to read the FAQs, and also to visit the official website (link to it is below) for complete information for your application.
DEADLINES:
The submission period is November 15, 2017 - March 30, 2018. All entries must be submitted by 12:00 noon CET on March 30th 2018
PLEASE NOTE:
Valeo is an automotive supplier and partner to automakers worldwide. As a technology company, it designs innovative solutions for smart mobility, with a particular focus on intuitive driving and reducing CO₂ emissions. The Group also provides and distributes spare parts for automakers and independent aftermarket operators. The Valeo Innovation Challenge is part of Valeo’s innovation strategy, supported by the company’s annual Research and Development budget.
Application Deadline: 30 March 2018
Open to International Applicants: Yes
More Scholarship Information and Application
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