Open to university students of all ages based anywhere on earth, the Ericsson Innovation Awards competition recognize innovative concepts that use technology to solve global challenges – and Imagine Possible. This year we are challenging you to ‘Impact our Sustainable Future’.
Application Deadline: August 5, 2022 – Click here to apply
Imagine decreasing food shortages while cleaning up oceans or addressing fashion waste while supporting gender equality. Taking inspiration from the 17 sustainable development goals (SDGs), identify an interconnected challenge to tackle with your team and create a new innovative tech solution that can make a lasting change.
|First-place prize||25,000 EUR|
|Second-place prize||15,000 EUR|
|Third-place prize||5,000 EUR|
|Regional winners||1,000 EUR|
For the fourteen teams who have progressed through to the semi-finals of the competition, new challenges await. Students must now expand their original ideas by submitting the following deliverables:
Phase 2: Semi-Finalist – Business case build up
Deadline: 30th October 13:00 (CEST)
Semi-finalists will receive mentorship from a dedicated Ericsson team to expand their ideas further. At the end of the mentorship phase, they will be required to submit a Business Case Framework Document outlining their original idea in greater detail.
Phase 3: Grand Finale – Business case pitch
Grand Finale submissions are comprised of two parts:
1. Pre-Read Submission
Deadline Friday 10th December
With the support of your mentors, you will need to submit the following:
- Evolved business case – develop the initial Business case document you submitted for Phase 2
- Marketing Pamphlet (1 page, front and back)
- A two-minute video pitch
2. Live Presentation
Week commencing 12th December 2022, timings to be advised)
Finalists will have a 20-minute slot to make a virtual presentation to the EIA Grand Jury (10 minutes dedicated to the presentation, with 10 minutes for questions).
The winning team may be asked to meet in person or virtually with media representatives from Ericsson or other publications.
Ideas are assessed against three key criteria: desirability, feasibility and viability. A matrix is used to determine a score of between 1 and 10 for each of these three criteria. The weighting of each score is different depending on the stage of the competition, so be sure to review the matrixes and criteria weighting here.
The degree to which a solution is relevant by addressing the needs, objectives, and priorities of someone.
An effective way to do successful innovation is to have a user-centric approach from the beginning. Our most important evaluation criteria are about the potential relevance and impact of a proposed solution.
To ensure that your solution solves a problem that addresses a real need, you need to be specific about who the user is and how the solution solves a problem that contributes to addressing that user’s need. We look at the potential scale of impact of a solution; if it is just an added feature or if it makes the cause of a problem to go away entirely.
The degree to which a solution is possible to develop based on skills, capabilities and scope.
An idea for a solution needs to be practically possible to develop. Can the idea be implemented in real life?
An idea should provide a basic overview of a possible implementation and if required technologies and competencies are available and affordable, or if not, when they are expected to become available and affordable.
The degree to which the commercial potential of a solution makes business sense for investors.
In order to be a viable innovation the solution must show potential to become a scalable and sustainable business for an investor.
This is impossible to know from start, which is why this criteria is weighted very low in the beginning and then get increased significance later in the process. Nevertheless, it is useful to have a ballpark sense about the potential size of your target market.
MAY: THEME ANNOUNCEMENT
Come up with an initial idea based on the year’s theme & find teammates
Past winning submissions & exclusive content are available on ericsson.com/eia to help inspire new ideas
MAY – AUGUST: REGISTRATION
Register your idea by completing the submission form on ericsson.com/eia
Exclusive workshops with Ericsson experts are available throughout the program to help advance ideas
Submissions are reviewed & judged by regional & global Ericsson panels to choose 14 semi-finalist teams
Each semi-finalist team will be paired with specialized Ericsson mentors to help develop ideas & move closer to prototypes
Semi-finalist are reviewed & judged by a global Ericsson panel to chose 3 finalist teams
Finalist teams are supported by Ericsson to develop idea pitch videos & presentations
DECEMBER: GRAND FINALE
Finalists are reviewed by a panel of global experts from Ericsson & outside partners*
*Startups, non-profits, tech companies2023:
The winning team receive continued mentorship & will be showcased at public Ericsson events