University of Iceland

Grand prizes in the competition for the University's Applied Science Prize

Grand prizes in the competition for the University's Applied Science Prize

Are you working on an exciting research with great potential for utilization? Do you have an idea for a growth company based on your work or studies at the University of Iceland?  Then you could have a shot at the University of Iceland's Applied Science Prize. The prize will be presented for the 20th time on 16 November and the prize money is 3.5 million Icelandic krona in total.
 
The aim of the competition is to foster practical ideas from students and staff at the University of Iceland and affiliated institutes. Individuals from all fields of study are encouraged to participate; seeing how diverse solutions outside the field of pure technological solutions can frequently be utilized.  
 
There is a cash prize for the first three places in the competition. Two million ISK for first place, one million ISK for second place and 500 thousand for the third place. 
 
Deadline for proposals is 25 October.
 
The selection committee looks to the following factors in their selection:
 
i) Methods in utilization and how fast the idea can be applied
ii) Whether the utilization is in accordance with UI policy and practises
iii) The research behind the project/idea
iv) Innovation and originality
v) Benefit to society.
vi) To what extent the prize money will be of use in utilizing the project/idea
 
 
The applied science competition is a collaboration of the Univeristy of Iceland, Árnason|Faktor and the Innovation Center Iceland.
 
 
Thursday, September 28, 2017 - 10:00
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