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Entry requirements
The bluebox Ideas Competition is open to QUT employees (including researchers) and students. Visiting scholars or researchers are not eligible to enter. Applications may be submitted individually or as a group submission, and entrants may make multiple applications, provided each application relates to a separate idea.
Innovations, ideas and research at any stage of development may be submitted for selection. Entrants must confirm that the content of their entry (e.g. their idea, concept, product innovation, or research outcome) is owned by QUT (or by a student, if a student entry), and not licensed to any other party. Entries that contain intellectual property owned by, assigned or licensed to an external party other than QUT are not eligible to enter.
Intellectual property outcomes
bluebox is under no obligation to undertake any action regarding the content of any application submitted to the bluebox Ideas Competition, including winning entries, but may do so at its own discretion. bluebox, as appropriate, may provide advice and support with respect to confidentiality and intellectual property protection for subsequent commercial development.
Prize pool
Cash prizes of $10,000 (first place), $5,000 (second place) and $2,500 (third place) will be awarded via transfer of funds to the QUT surplus account of the researcher or research group. In the absence of a QUT surplus account, bluebox will discuss other transfer methods with recipient; however the choice of funds transfer method is at bluebox’s sole discretion.
Judging process
Stage 1 applications open at 8am, Monday 1st June 2009 and close at 5pm, Friday 26th June 2009. bluebox is under no obligation to accept applications submitted outside of the competition period. All questions on the application form must be answered, and incomplete entries will not be accepted.
Applications received at Stage 1 of the competition will be assessed by a judging panel, based on their originality and commercial merit, and a small number of finalists will be selected by to progress to Stage 2.
Finalists will complete a series of one-hour mentoring sessions with a business mentor, held over a six-week period, to develop their ideas to pitch stage. Finalists will then present a ten-minute pitch at the finalists’ event held at 1pm, Tuesday 25th August 2009. The judging panel will assess each pitch against clearly established criteria, and winners will be announced at the conclusion of event.
The decision of the judging panel is final, and no correspondence will be entered into regarding the decision.
