Each year at Georgia Institute of Technology (Georgia Tech), students in the engineering fields participate in a contest of the best inventions and product concepts called The InVenture Prize. This year two of the six finalists are medical devices, Re-Hand a software assisted home-use hand assessment and rehabilitation device, and the CardiacTech, a chest retractor for bypass surgery.
This evening, Georgia Tech will be hosting presentations where inventors can explain their devices to a panel of judges. David Pogue, a tech column writer for the New York Times will be the moderator for the contest. The video of the event will be broadcast live online starting at 7pm EDT.
What’s up for grabs:
A cash prize of $15,000 for first place or $10,000 for second place.
A free U.S. patent filing by Georgia Tech’s Office of Technology Licensing (each valued at approximately $20,000) for both the first and second place winners.
Automatic acceptance to the summer 2012 Class of Flashpoint, a Georgia Tech startup accelerator program.
In addition, a $5,000 “People’s Choice” award, provided by the Georgia Tech Research Corporation, will be presented. The live audience and broadcast viewers will have the opportunity to help select the winner of this award by voting on the Internet or texting in their favorite finalist.
Link: The InVenture Prize…