The aim of the contest is to reward an innovative automobile-related project in two categories: technological innovation and ideas for new ways of using cars. The Challenge offers students from around the world the opportunity to become players in automotive innovation. They are invited to come up with an innovation which would, between now and 2030, make the car and the way it is used more intelligent, intuitive, green and fun.
Valeo will launch the 4rd edition of its contest, the "Valeo Innovation Challenge 2017", which offers students from around the world the opportunity to become players in automotive innovation. They are required to come up with an innovation which would, between now and 2030, make the car and the way it is used more intelligent, intuitive, green and fun. These students are being asked to develop bold solutions for the society of tomorrow.
Through this contest, Valeo is showing that innovation lies at the core of its DNA and that Research and Development is a priority for the Group. It is the guiding force behind the 11,000 engineers who innovate each day while inventing the car of tomorrow.
The Group is seeking to raise student awareness of the challenges that careers in the automotive industry can offer them.
Opportunity is About:
Candidates should be from:
Description of Ideal Candidate:
The contest is open to students worldwide who have completed their high school education and their academic teachers (maximum of one teacher per team), with one entry per person (same name and same e-mail address).
Contest entrants must be able to travel outside their country of residence and possess, by October 2017, a passport that is still valid for six months after the date scheduled for the prize giving (October 2017).
Each team leader must plan to collate all of the original banking information and documents that will be required prior to payment of the financial support in phase 2 – creation of proof of concept (see article 12): IBAN, SWIFT numbers, letter from bank certifying that entrant is an account holder.
The following people may not enter the contest:
- Employees of the organizer, of any company that it controls, that controls it or that is under joint control with it, and their children.
- People who have been involved in organizing the contest, and their children.
- People who have a conflict of interest (especially interns, apprentices and PhD students still working for the company).
Deadline: January 31, 2017
Cost/funding for participants:
The 24 projects selected for the proof of concept phase will receive financial assistance in accordance with the contents of Article 12 below.
A first prize of €100,000 will be awarded on completion of the contest in each of the following categories:
- The innovation prize for the best technological innovation;
- The best idea prize for a new way to use cars.
The second prize for each in these two categories is €10,000. The deadline for submitting entries is Tuesday January 31, 2017 at 12 noon, Paris time.