Qualcomm Ventures Launches QPrize Business Plan Competition

Qualcomm Ventures has launched a global business plan competition to promote innovation in the wireless industry. 

The Qualcomm Ventures QPrize competition is open to entrepreneurs in India, North America, Europe and China and will provide US$550,000 in total seed funding to help entrepreneurs transform their innovative business plans into reality. Each regional winner will receive US$100,000 of

convertible note funding. The four regional winners will compete against each other for a Grand Prize of an additional US$150,000 of convertible note funding. 

Business Sectors

The Qualcomm Ventures QPrize competition is open to international entrants whose business plans accelerate wireless technology development in the following business sectors:

  • Consumer/enterprise applications and services
  • Communication devices
  • Semiconductor and component technologies
  • Mobile platforms
  • Digital media and content
  • Healthcare technologies and services
  • CleanTech

Timelines

May 7th, 2009     -     Public Launch

July 31st, 2009   -     Deadline for submitting completed business plans

August 28th, 2009 -   Notifications will be sent to all semi-finalists

September  2009  -    India Regional event to pick India Region Winner 

October 16th, 2009 -  Deadline for submitting revised business plans for the final competition

November, 2009 -      Finals at San Diego, CA

– More details here and here

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