InVenture Prize Winners to be Decided March 30

Eight finalists remain in the Inventure Prize competition

The eight remaining inventions of the inaugural InVenture Prize competition will be reduced to two winners next week.

Both the team and the individual judged to have the best invention will be announced as the winner. Winners will receive cash prizes ($5,000 for individuals, $10,000 for teams); a patent filing, paid for by the Office of Technology Licensing ($20,000); and paid summer internships to work on the inventions.

The competition started with 28 proposals from 62 participants. Of these, faculty judges selected 14 to go to the preliminary round, held Jan. 28 at the Ferst Center for the Arts. Faculty judges and entrepreneurs voted on the current field of eight ideas.

The Georgia Institute of Technology is one of the world's premier research universities. Ranked seventh among U.S. News & World Report's top public universities and the eighth best engineering and information technology university in the world by Shanghai Jiao Tong University's Academic Ranking of World Universities, Georgia Tech’s more than 20,000 students are enrolled in its Colleges of Architecture, Computing, Engineering, Liberal Arts, Management and Sciences. Tech is among the nation's top producers of women and minority engineers. The Institute offers research opportunities to both undergraduate and graduate students and is home to more than 100 interdisciplinary units plus the Georgia Tech Research Institute.