Intel is now inviting individuals from India, Japan, Singapore, South Korea and Taiwan to take part in the fourth round of the Visionary Track of its year-long 'Make It Wearable' challenge.
Participants are to submit a written description as well as a one-minute YouTube video describing the wearable idea or vision to win a cash prize of US$5,000 and a travel package for two to attend the final gala event in San Francisco.
According to the company's media statement, all concepts will be reviewed and judged by an Intel panel in five waves on the basis of inventiveness and potential to impact the world.
Come summer and once the Visionary Track ends, Intel will kick off the second component of the 'Make It Wearable' challenge, the Development Track. This track will require participants to submit a two-minute video on the proposed product, their business case and core technology requirements. The idea should also incorporate and be enhanced by computer or advanced electronics that are based on Intel technology.
Ten finalists from this track will receive monetary support and mentoring to enable them to realize their ideas via prototype designs. The grand prize winner will receive US$500,000 while second and third place winners will take home US$200,000 and US$100,000 respectively.
Initiated by its CEO Brian Krzanich at the beginning of this year, the 'Make It Wearable' challenge aims to promote the idea of a wearable future. It is open to anyone who is at least 13 years old and has not raised US$5,000,000 or more in funding.
"We believe wearables are the next frontier in the evolution of computing to become ever more personal and connected," said Prakash Mallya, country manager of Intel Singapore & Malaysia. "The 'Make It Wearable' challenge complements the technology Intel is rolling out to make wearables possible and meaningful for people's everyday lives."
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