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Qualcomm ventures launches third annual qprize 2012 competition tofund the world's next wave of rev by ferujkll sdff
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Qualcomm ventures launches third annual qprize 2012 competition tofund the world's next wave of rev by FERUJKLL SDFF
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Article Posted: 07/01/2013 |
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Articles Written: 2023 - MORE ARTICLES FROM THIS AUTHOR |
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Qualcomm ventures launches third annual qprize 2012 competition tofund the world's next wave of rev |
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Business,Business News,Business Opportunities
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SAN DIEGO , May 21, 2012 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM), today kicked off its QPrize - 2012 international venture investment competition to identify andfund the industry's most promising, early-stage technologycompanies. The Qualcomm Ventures QPrize competition is open toentrepreneurs across China , India , Israel , Korea, North America , Western Europe and, new this year, Brazil and Eastern Europe . One finalist from each region will be awarded US$100,000 ( euro 100,000 for Europe finalists) in convertible note financing from Qualcomm as seedfunding and will be invited to compete against other regionalfinalists in the QPrize Grand Prize competition. The Grand Prizewinner will receive an additional US$150,000 of convertible note funding to help transform his or herinnovative business plan into reality.
"Qualcomm is proud of its role as an important enabler within thewireless industry and the QPrize competition allows us to identifyand fund the next wave of up and coming innovators," said Nagraj Kashyap , vice president of Qualcomm Ventures. "Last year's entrantsredefined the capabilities of mobile technology and we are excitedto see what the 2012 competition will hold." The deadline to submit business plans for most regions is August 17, 2012 . From the pool of competing entries, Qualcomm Ventures will selectup to eight finalists from the eight contest markets. Entrants'submitted business plans will be evaluated by a panel of expertsbased on the merits of the technology innovation, its marketpotential, the company's management capabilities and theattainability of the proposal's financial projections. The Qualcomm Ventures QPrize competition is now open forsubmissions.
Additional details, including candidate eligibilityand submission guidelines, are available at . About Qualcomm Ventures Qualcomm Ventures, the venture investment group of QualcommIncorporated, was launched in the United States in November 2000 with an initial US$500 million allocation. Qualcomm Ventures' aim is to support Qualcomm'smission of enabling and fostering 3G and wireless Internet marketsthrough investments in privately owned startup ventures. Theseinvestments include companies focusing on wireless communicationtechnologies and products serving consumer, enterprise and verticalmarkets worldwide.
For more information, please visit . About Qualcomm Qualcomm Incorporated (NASDAQ: QCOM) is the world leader in 3G andnext-generation mobile technologies. For more than 25 years,Qualcomm ideas and inventions have driven the evolution of digitalcommunications, linking people everywhere more closely toinformation, entertainment and each other. For more information,visit Qualcomm's website , OnQ blog , Twitter and Facebook pages. Qualcomm is a registered trademark of Qualcomm Incorporated.
QPrizeis a trademark of Qualcomm Incorporated. All other trademarks arethe property of their respective owners. Qualcomm Contacts: Emily Kilpatrick , Corporate Communications Phone: 1-858-845-5959 Email: Warren Kneeshaw , Investor Relations Phone: 1-858-658-4813 Email: SOURCE Qualcomm Incorporated Copyright 2010 PR Newswire. All Rights Reserved. I am a professional writer from Business Bags & Cases, which contains a great deal of information about sun garden umbrella , thermos beverage bottle, welcome to visit!
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