Solutions must be submitted through the Skipso Labs Competition Management Platform. Submissions will be accepted up until December 11th, 2015 at 5:00 pm Pacific Standard Time.

• Entrants must answer a series of questions about their designs, including:
• What specific issue is being addressed
• The origin of the idea
• Associations with existing research groups
• A brief description of the design process
• Estimated cost
•  Estimated business impact

Phase I submissions can include any type of documentation needed to describe your design and how it helps address the challenge. You may also submit an optional 2 minute or shorter video.

• Finalists receive:
  • $1000 to help with development costs
  • Pairing with an expert mentor
  • Travel reimbursement sufficient to bring 1-2 team members to Stanford to pitch their ideas to industry leaders, investors, and academics
  • A business plan workshop conducted jointly by the Center on Longevity and the Stanford Graduate School of Business Center for Entrepreneurial Studies

• Finals Prizes
  • First Prize: $10,000
  • Second Prize: $5000
  • Third Prize: $2000

The challenge is open to teams of 1-5 students enrolled during the 2016-17 academic year, attending any accredited university or college globally.

Any intellectual property developed by a team during participation in the Design Challenge will remain the property of the individual design team, or the team members’ universities or employers, as applicable. The Stanford Center on Longevity and Challenge sponsors reserve the right to publicize designs following submission. Teams interested in intellectual property protection should take any steps necessary to protect patentable inventions, copyrighted work or other intellectual property prior to submission. Team involvement with any of the Challenge sponsors is strictly voluntary. Agreements between teams and sponsors are beyond the reach of Stanford Center on Longevity or Stanford University, and should be arranged separately between the teams and sponsors.

The Challenge will be judged by world experts in design and technology for an aging population including carefully selected academics with expertise on the topic; executives from technology, senior living and home care companies; venture capitalists; and senior representatives from related mission-driven organizations.

The judging criteria will be finalized in cooperation with the judging panel and will be formalized before the window for submission opens in September. Criteria are expected to include:

• Alignment with challenge topic (does the design improve aging in place?)
• Potential for impact
• Originality
• Probability of Implementation (i.e. – can this design be implemented within existing technology and market constraints?)
• Economic viability

LEVELS AND BENEFITS OF SPONSORSHIP?

PLATINUM SPONSOR ($50k +)
• Receives all benefits as per Gold Sponsor (below)
• Receives online and offline branding and Platinum Sponsor recognition
• Acts as a strategic partner in creating the structure of the challenge
• Option for SCL presentation at Platinum Sponsor meeting or event

GOLD SPONSOR ($20k)
• Receives all benefits as per Silver Sponsor (below)
• Receives online and offline branding and Gold Sponsor recognition
• Has the opportunity to provide a judge for the competition
• Is offered access to all designs submitted in December 2016
• Is offered a corporate presence at the Awards ceremony in April 2017

SILVER SPONSOR ($10k)
• Receives online and offline branding and Silver Sponsor recognition
• Has the opportunity to provide tailored content to educate teams through the challenge website
• Is offered the opportunity to mentor teams during the incubator period

For more information on sponsorship opportunities, please contact Ken Smith at [email protected].